1
Tell us about your contractors
Use whole numbers. Approximations are okay.
2
What you pay contractors today
Auto-calculated from the numbers above.
$20,000,000
3
What misclassification could cost you
Estimated misclassification costs resulting from a worker being reclassified to employee status.
Estimated bill:$2,600,000
| Cost Category | Rate | Amount |
|---|---|---|
| Payroll Taxesⓘ | 18% | $720,000 |
| Interestⓘ | 7% | $280,000 |
| Penaltiesⓘ | 10% | $400,000 |
| Benefits Gapⓘ | 30% | $1,200,000 |
