Vermont Employee Cost Calculator (2026)
Last updated: October 2026
Vermont employers pay federal payroll taxes plus Vermont unemployment insurance — 1% for new employers on the first $15,400.00 of each employee's wages. Use the calculator to see the total cost of a hire.
Total annual cost
$64,936.00
1.08× salary · $4,936.00 on top of wages
Monthly cost
$5,411.33
Loaded hourly cost
$31.22
Per hour actually worked
$32.47
| Wages | $60,000.00 |
| Social Security (6.2%) | $3,720.00 |
| Medicare (1.45%) | $870.00 |
| FUTA (federal unemployment) | $42.00 |
| State unemployment (SUTA) | $154.00 |
| Workers' comp | $150.00 |
| Total annual cost | $64,936.00 |
Estimates for planning purposes only. Not tax, legal or accounting advice. Confirm your rates with your state agency or a payroll professional.
Vermont employer payroll taxes at a glance
| New employer SUTA rate | 1%Effective July 1, 2026 (Vermont's UI year runs July–June). Foreign construction contractors use industry-average rates instead (1.9% / 4.0% / 2.7%). |
| SUTA taxable wage base | $15,400.00Up from $14,800 in 2025, effective January 1, 2026. |
| Max SUTA per employee per year | $154.00 |
| Paid family/medical leave program | No |
| State income tax on wages | Yes — employers withhold; not an employer cost |
| State minimum wage | $14.42/hour |
| Source | Vermont unemployment insurance agencyVerified 2026-10-11 |
What it costs to hire in Vermont
Salary
$40,000.00
Total annual cost
$50,556.00
1.26× salary · SUTA $154.00
Salary
$60,000.00
Total annual cost
$72,736.00
1.21× salary · SUTA $154.00
Salary
$90,000.00
Total annual cost
$106,006.00
1.18× salary · SUTA $154.00
What's different about hiring in Vermont
- 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 |
|---|---|---|---|
| Vermont | 1% | $15,400.00 | $154.00 |
| New York | 4.1% | $17,600.00 | $721.60 |
| Massachusetts | 2.42% | $15,000.00 | $363.00 |
| New Hampshire | 1.7% | $14,000.00 | $238.00 |
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
- Vermont unemployment insurance agency
- SSA — Social Security wage base
- IRS Topic 759 — FUTA
- Patriot Software — state unemployment tax rate chart
Last verified: 2026-10-11
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Tax rates are approximate — always verify with your state's revenue department.