BC Employee Hiring Calculator

British Columbia · 2026

Employee Hiring Cost Calculator

Total employer cost including statutory remittances, RRSP, allowances, and corporate tax refund at the small business rate.

Step 1 — Employee & Compensation

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Base Compensation

Annual Gross Salary

WCB Rate per $100 of payroll

BC WCB — varies by industry classification

Annual: $52,000.00

Hourly equivalent: $25.00/hr

Monthly: $4,333.33

Step 2 — Allowances & Extras

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Additional Employer Expenses

Tools /yr

Phone Allowance /yr

Vehicle Expenses /yr

Software /yr

Office Rent /yr

Other Expenses /yr

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Optional Benefits & Levies

RRSP Matching Employer contributes a % of gross salary to employee RRSP

Health / Extended Benefits Allowance Employer-paid extended health, dental, vision premiums

Disability Insurance Short-term or long-term disability employer premium

Employer Health Tax — Reduced Rate (EHT) BC EHT at 5.85% applies when annual BC payroll is between $1,000,000 and $1,500,000.

Employer Health Tax — Full Rate (EHT) BC EHT at 1.95% applies when annual BC payroll exceeds $1,500,000.

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2026 Statutory Rates — CPP, CPP2 & EI

tap to view ▼

Step 3 — Results

Total Employer Cash Outlay

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Before corporate tax refund

Corporate Tax Refund (11%)

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Net Cost After Refund

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Gross Wage

—

CPP (Employer)

—

EI (Employer)

—

WCB

—

RRSP Match

—

Extras & Benefits

—

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Full Cost Breakdown

Item	Category	Amount

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Cost Breakdown by Category

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Corporate Tax Refund Rate

Corporate Tax Rate

Default 11% = BC (2%) + Federal small business rate (9%) for eligible corporations. Adjust if your effective rate differs.

Estimated Tax Refund

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Applied to total cash outlay

Step 4 — Income to Generate

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How much revenue does this employee need to generate?

Gross Margin %

Your business's gross margin on revenue

Labour Efficiency Ratio

Revenue generated per $1 of labour cost (e.g. 2 = $2 revenue per $1 wage)

Item	Amount
Revenue	—
Purchases	—
Gross Margin	—
Margin %	—
Wage	—
Labour Efficiency Ratio	—

Revenue needed to cover this hire

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Based on annual gross salary × labour efficiency ratio, divided by gross margin %.

Disclaimer: This calculator provides estimates for planning purposes only. CPP and EI amounts are calculated based on 2026 CRA rates and maximums. The corporate tax refund uses the rate entered above — the default 11% reflects the combined BC (2%) and federal (9%) small business rate for eligible corporations; actual rates depend on your corporation's taxable income, fiscal year, and eligible deductions. EHT applies when BC payroll exceeds $1,000,000 at 1.95%. WCB rates vary by industry classification. Always consult a qualified accountant or tax advisor before making hiring decisions. For BC use only.

Step 5 — Before You Hire

CPP Basic Exemption	$3,500
CPP Employer Rate	5.95%
CPP Maximum Pensionable Earnings (YMPE)	$74,600
CPP Maximum Employer Contribution	$4,230.45
CPP2 Employer Rate (on earnings $74,600–$85,000)	4.00%
CPP2 Maximum Pensionable Earnings (YAMPE)	$85,000
CPP2 Maximum Employer Contribution	$416.00
EI Employer Rate (×1.4 premium multiplier)	2.282%
EI Maximum Insurable Earnings	$68,900
EI Maximum Employer Premium	$1,572.30