The Actual Cost of Employees

The cost of an employee, including the salary, benefits and other costs, will impact your business's budget, but the extra money brought in because of the employee's presence may alleviate some of the cost burden. Therefore, you should consider the following when hiring an employee:

Budgeting For Employees. Learn how to determine if you can afford the aggregate costs of an employee.
The Cost of Employees. In addition to compensation, there are other types of expenses relating to employees. Some you can quantify and control and others you can't.