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

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If you're using this calculator to plan budgets, resources, timelines, or project changes, the right project management software can help you turn these numbers into better project decisions.

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.

Contractor vs FTE Calculator | Workforce Cost Comparison – PMWorld360
Editorial & Affiliate Disclosure: PMWorld360 is reader-supported. Some vendors may compensate us through affiliate partnerships—at no cost to you. Our reviews remain independent and based on functionality, pricing, usability, support, and value.

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