Cost Savings Calculator.

Use our Cost Savings Calculator to get an idea of your tax and payroll savings under the Service Contract Act. Please note that this table does not take into account all factors affecting your final results. These calculations are for illustrative purposes only. Your final results may vary.

*All service contracts awarded before January 1st, 2017 with Option Years on or after August 1st, 2017 will utilize the new $4.41 SCA Health & Welfare Benefit Rate.

*All service contracts awarded on or after January 1st, 2017, that contain EO 13706 (paid sick leave) will utilize the newly reduced $4.13 SCA Health & Welfare Benefit Rate.

Total Number of Employees
on Contract
Average
Hourly Wages:
 
Fringe Rate
 
Payroll Burden
$ $ %

Cost Savings Analysis for
Contractors under the
Service Contract Act
(No Benefits)
Fringe Rate paid
in cash.
(With Benefits)
Fringe Rate paid
into Benefit Plan.
Cash Wages: $ $
Fringe Paid to Benefit Plan: $ $
 

Payroll Burden

FICA (Social Security Taxes)
Workers Compensation Premiums
Public Liability Programs
Federal Unemployment Taxes
State Unemployment Taxes
$ $
Total Cost Per Hour: $ $
Hourly Savings Per Employee: $ $
Monthly Savings Per Employee: $ $
Annual Savings Per Employee: $ $
Annual Employer Savings:
$ $