Guide

The true cost of an employee in the UK (2026/27)

Updated

A useful rule of thumb is salary plus 15–18% before overheads. Here is where that number comes from, line by line.

The unavoidable statutory costs

Employer National Insurance
15% of everything above £5,000, £4,500 on a £35,000 salary. See our employer NI guide.
Auto-enrolment pension
Minimum 3% of qualifying earnings (£6,240–£50,270), £863 at £35,000. Opt-outs reduce this, but you must budget as if enrolled.
Apprenticeship levy
0.5% of the pay bill, but only for employers with a pay bill over £3m a year.

The costs behind the statutory line

  • Holiday and sickness cover: 5.6 weeks statutory holiday means ~10.8% of working time is paid non-productive time; cover for it is a real cost in small teams.
  • Equipment and software: £500–£2,000/year for a desk worker is typical once laptop, licences and support are annualised.
  • Employers' liability insurance: legally required, from roughly £60–£200 per employee per year for office work.
  • Recruitment: agency fees of 15–25% of first-year salary, amortised over tenure, are often the largest hidden line.

Worked example: £35,000 hire

£35,000 salary, 3% qualifying-earnings pension, no levy
LineAnnual cost
Gross salary£35,000
Employer NI (15% above £5,000)£4,500
Pension (3% of qualifying earnings)£863
Statutory total£40,363
+ equipment, insurance, overheads (typical)£1,500–£3,000
Realistic first-year total£41,900–£43,400

Use the calculator for your own numbers, it itemises each statutory line with the current rates.

Hiring? Know the full number first.

Salary, NI, pension and levy, itemised in ten seconds.

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