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Employer cost ≈ salary + employer NI (15% above £5,000) + employer pension. Rates shown are 2025/26; other on-costs may apply.
How to use it
Enter the gross salary you'd pay and your employer pension contribution. The calculator adds employer National Insurance (15% on earnings above the £5,000 secondary threshold from April 2025) and the pension to show the true annual cost of the role.
The 'on-cost' figure is how much you pay on top of salary as a percentage — useful when budgeting a hire or pricing work that has to cover it. It doesn't include equipment, software, training or recruitment fees, which add more.
Everything runs in your browser — nothing you type is sent or stored. Results are illustrative, not a quote or a credit decision.
Frequently asked questions
Does the Employment Allowance reduce this?
It can — eligible employers can offset up to £10,500 of employer NI a year (2025/26) across the payroll. This calculator shows the gross NI on one role; your net cost may be lower if you've allowance left.
What about pensions — is 3% right?
3% of qualifying earnings is the current employer auto-enrolment minimum. Many employers pay more to stay competitive. Set the percentage to whatever you actually contribute.
Is this a quote?
No — it's a free illustration. Your actual Credit Corp offer depends on an assessment of your company.
Related reading
Funding for UK limited companies
Credit Corp lends to your company, not to you personally — short-term working capital with no personal guarantee. See what your business could access.