New York Employee Cost Calculator (2026)
Last updated: October 2026
New York employers pay federal payroll taxes plus New York unemployment insurance — 4.1% for new employers on the first $17,600.00 of each employee's wages. Use the calculator to see the total cost of a hire.
Total annual cost
$65,503.60
1.09× salary · $5,503.60 on top of wages
Monthly cost
$5,458.63
Loaded hourly cost
$31.49
Per hour actually worked
$32.75
| Wages | $60,000.00 |
| Social Security (6.2%) | $3,720.00 |
| Medicare (1.45%) | $870.00 |
| FUTA (federal unemployment) | $42.00 |
| State unemployment (SUTA) | $721.60 |
| Workers' comp | $150.00 |
| Total annual cost | $65,503.60 |
Estimates for planning purposes only. Not tax, legal or accounting advice. Confirm your rates with your state agency or a payroll professional.
New York employer payroll taxes at a glance
| New employer SUTA rate | 4.1%3.4% normal rate + 0.625% subsidiary rate + 0.075% Re-employment Service Fund surcharge. |
| Experienced employer SUTA range | 1.7% – 9.5% |
| SUTA taxable wage base | $17,600.00Part of a multi-year statutory schedule of increases (up from prior years). |
| Max SUTA per employee per year | $721.60 |
| Paid family/medical leave program | Yes — employer rate 0% |
| State income tax on wages | Yes — employers withhold; not an employer cost |
| State minimum wage | $17.00/hour |
| Source | New York unemployment insurance agencyVerified 2026-10-11 |
What it costs to hire in New York
Salary
$40,000.00
Total annual cost
$51,123.60
1.28× salary · SUTA $721.60
Salary
$60,000.00
Total annual cost
$73,303.60
1.22× salary · SUTA $721.60
Salary
$90,000.00
Total annual cost
$106,573.60
1.18× salary · SUTA $721.60
What's different about hiring in New York
- New York has a paid family and medical leave program — check whether employer contributions apply to your business size.
- Experienced-employer SUTA rates in New York can reach 9.5% for businesses with a history of layoffs — retention directly lowers your tax bill.
- Hiring remotely in another state? You generally owe SUTA in the state where the employee works — compare rates in neighboring states below.
Compare neighboring states
| State | New employer rate | Wage base | Max SUTA per employee |
|---|---|---|---|
| New York | 4.1% | $17,600.00 | $721.60 |
| Vermont | 1% | $15,400.00 | $154.00 |
| Massachusetts | 2.42% | $15,000.00 | $363.00 |
| Connecticut | 1.9% | $27,000.00 | $513.00 |
| New Jersey | 2.8% | $44,800.00 | $1,254.40 |
| Pennsylvania | 3.822% | $10,000.00 | $382.20 |
Hiring outside the US?
Compare the cost of an international contractor or EOR employee before you commit to a US hire.
See how Deel worksPaying vendors and contractors?
Automate accounts payable and payments so contractor costs stay predictable.
See how BILL worksFrequently asked questions
Sources & methodology
- New York unemployment insurance agency
- SSA — Social Security wage base
- IRS Topic 759 — FUTA
- Patriot Software — state unemployment tax rate chart
Last verified: 2026-10-11
Employee cost calculators for other states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
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- Hawaii
- Idaho
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Tax rates are approximate — always verify with your state's revenue department.