Overpayment Calculator

How much does overpaying cost  your company?

How much does overpaying cost  your company?
1 How many employees currently work at your company? Please enter in numeric form, i.e. 40.
2 What is the average salary at your company? Don't know? Try the US average of $47,230. Please enter in numeric form, i.e. $100,000. $
Methodology

Results are caclulated using your average payroll given, the number of employees you plan to promote and the SHRM estimation of an average increase of 8% of the salary for promotions of employees.

How much does overpaying cost  your company?
3 How many people does your company plan to hire next year? Please enter in numeric form, i.e. 50.
4 How many people does your company plan to promote? Please enter in numeric form, i.e. 10.
Methodology

Results are caclulated using your average payroll given, the number of employees you plan to promote and the SHRM estimation of an average increase of 8% of the salary for promotions of employees.

How much does overpaying cost  your company?

Get Your Results

Name
Email
Methodology

Results are caclulated using your average payroll given, the number of employees you plan to promote and the SHRM estimation of an average increase of 8% of the salary for promotions of employees.

How much does overpaying cost  your company?

Your Result

Your Estimated Current Payroll
Estimated Payroll Increase
If you're overpaying by even 1%, it will cost you

Curious about what happens if you're underpaying by 1% or more?
Try PayScale's Turnover Calculator!

Methodology

Results are caclulated using your average payroll given, the number of employees you plan to promote and the SHRM estimation of an average increase of 8% of the salary for promotions of employees.