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Best Free Payroll Calculators Online (2025)

Calculate take-home pay, employer costs, overtime, and benefits with free payroll calculators designed for employees and small business owners.

Guide Overview

Understanding payroll is essential whether you are negotiating a salary offer, running your first payroll, or budgeting for a new hire. These free calculators break down gross-to-net pay, employer-side costs, and overtime rules so nothing catches you off guard. No spreadsheets required, just enter your numbers and get instant results.

Focus: payroll estimation for both employees and employers

Gross to Net: What Actually Lands in Your Bank Account

A $60,000 salary does not mean $5,000 a month in your checking account. Federal income tax, Social Security, Medicare, and state taxes all take a slice before your direct deposit arrives. Our paycheck calculator breaks down each deduction line by line so you can see exactly where every dollar goes. If you are evaluating a job offer, this clarity helps you compare opportunities on a true take-home basis rather than headline salary numbers.

The True Cost of Hiring an Employee

Employers often discover that a $50,000 salary actually costs $60,000 to $70,000 when you factor in FICA matching, workers compensation insurance, benefits, and PTO. The employer cost calculator totals every mandatory and optional expense so you can budget accurately before posting a job listing. Understanding these numbers is especially critical for startups that need to stretch runway and small businesses operating on thin margins.

Overtime Rules Every Employer Should Know

The Fair Labor Standards Act requires time-and-a-half pay for non-exempt employees who work more than 40 hours in a week. Some states add daily overtime thresholds or double-time rules that stack on top of federal law. Our overtime calculator handles both federal and common state rules so you can estimate the cost of extra shifts before approving them. Getting overtime wrong is one of the most common sources of wage-and-hour lawsuits for small businesses.

Bonus Tax: Why Your Bonus Check Feels Smaller

Bonuses are subject to a flat 22 percent federal supplemental withholding rate, which often feels higher or lower than your regular effective rate. The bonus tax calculator shows exactly how much of your bonus will be withheld and estimates whether you will get some back at filing time. Employers can also use the aggregate method, which withholds based on your combined regular and bonus pay for that period. Understanding the difference helps set expectations for both sides.

Planning PTO and Benefits Budgets

Paid time off and benefits are a significant part of total compensation but rarely get the same scrutiny as salary. The PTO accrual calculator shows how many hours an employee banks per pay period based on your accrual policy. The benefits cost calculator estimates the per-employee expense of health insurance, dental, vision, and retirement matching. Together these tools help employers set competitive packages without exceeding budget.

Tools in This Guide

Use these tools in sequence based on your workflow needs.

Frequently Asked Questions

How accurate is the paycheck calculator for my state?
The calculator uses current federal tax brackets and FICA rates. State tax accuracy depends on whether your state uses a flat or graduated income tax. For states with complex local taxes like New York City or Pennsylvania, verify the result against your actual pay stub.
Does the employer cost calculator include benefits?
Yes, it factors in employer FICA, federal and state unemployment taxes, workers compensation estimates, and optional line items for health insurance and retirement contributions. You can toggle optional costs on or off to see the mandatory minimum versus full-loaded cost.
How is overtime calculated for salaried employees?
Salaried employees earning below the FLSA salary threshold are still eligible for overtime. The calculator converts your salary to an hourly equivalent and applies the 1.5x rate for hours over 40. Exempt employees above the threshold are generally not entitled to overtime pay.
Why is my bonus taxed at a higher rate than my regular pay?
It is not actually taxed at a higher rate, but the withholding method differs. Many jurisdictions apply a flat supplemental withholding rate for bonuses, which may be more or less than your marginal rate. Any over-withholding is refunded when you file your annual return.
Can I use these tools for contractor payments?
These calculators are designed for W-2 employee payroll. Independent contractors handle their own taxes and are not subject to withholding. For contractor scenarios, check out our freelancer and self-employment tax calculators instead.

Last updated: June 1, 2025