Employment Cost Calculator
Calculate the true cost of hiring an employee in Ireland
The true cost of hiring an employee in Ireland goes well beyond the gross salary figure. Employer PRSI at 11.25% adds a significant overhead, and since January 2026, auto-enrolment (My Future Fund) adds a further 1.5% employer contribution for eligible employees. When budgeting for a new hire, many Irish businesses underestimate the total employment cost by 15-20%.
This calculator gives you the complete picture: gross salary plus employer PRSI plus pension contributions, broken down by year, month, and working day. Use it to budget accurately for new hires, compare the cost of different salary levels, or understand the true overhead of your existing workforce.
Cost Breakdown
What Employers Often Overlook
Beyond PRSI and pension contributions, employers should budget for public liability insurance, employer's liability insurance (mandatory), statutory sick pay (5 days per year at 70% of daily earnings, capped at EUR 110 per day), annual leave (minimum 4 working weeks), public holiday entitlements (10 days per year), and potential WRC awards if employment law is not followed correctly.
Having a proper employment contract from day one protects both employer and employee. Under the Employment (Miscellaneous Provisions) Act 2018, you must provide written core terms within 5 days of the employee starting work.