Contractor vs Full-Time Employee (FTE) Calculator
Use this free Contractor vs FTE Calculator to compare total cost differences between hiring a contractor and a full-time employee.
Contractor vs FTE Calculator
How Comparison is Calculated
Annual Contractor Cost = Hourly Rate × 2080 hours. Compare this to the FTE’s annual salary to see which is more cost-efficient.
Example
Contractor at $80/hour costs $166,400 annually (80×2080). If FTE earns $120,000, contractor costs 38% more.