When to Hire Your First Employee Calculator

Calculate the true cost of hiring, determine if your revenue supports a new employee, and create a realistic hiring timeline.

Business Financials

Monthly Revenue

Average monthly income

Monthly Expenses

Current expenses (without new employee)

Employee Salary (Annual)

Expected yearly salary

Weekly Workload

Hours needed per week

Enter your details on the left and click "Calculate Hiring Readiness".

Revenue Support

True First-Year Cost

Salary $0

Taxes & Benefits (25%) $0

Recruiting/Equip $3,500

Total $0

Timeline

0 Months

Verdict

Not Ready