2. How does our personnel cost calculator work?
The first worksheet contains an overview of the total personnel costs. All costs are listed in one line per person. The available hours and the factor for the employer's share of social insurance are calculated per employee in the second worksheet and must be transferred manually.
The company's overhead costs, including all internal services, are divided equally among all productive billable hours of all employees. For example, costs for a secretariat that does not work on customer projects or other budgeted projects are counted as "personnel overhead costs."
a person's costs and available hours in more detail. This can be used to gain further insight into a specific employee.
The legal requirements for employer contributions to social insurance are variable. Even if the israel telegram data deviations are not normally large, they should be monitored as part of the annual budget planning.
Here is the link to our personnel cost calculator.
3. Calculate personnel costs using Excel or special software?
Personnel cost accounting in Excel is very suitable for the first steps. However, as the company grows and the team constellations become more complex, the requirements for personnel cost accounting also increase and we recommend using software.
Advantages of a software over Excel:
Direct integration into other systems (e.g. accounting or operational planning)
Data protection and authorization systems ensure protection against unauthorized access, copies, disclosures and deletions
Greater stability and reduced susceptibility to errors due to manual errors
Until you find the right software, feel free to continue working with our template. Do you like the template? We have created other free templates to support young and especially small companies.
More free templates are available here.