Employing a US worker
Get answers to your questions and take the first step toward US business expansion.
How much will my US employee healthcare cost my business?
The amount of money US healthcare coverage costs your business largely depends on your chosen solution.
However, to allow you to draw up some provisional calculations, expect to factor in an additional $15,000 – $20,000 per employee per year on top of salaries. This covers healthcare and other benefits. In the US, employers are expected to provide and contribute to health insurance and company benefits. The average employer contribution across the US is over $13,000 per employee per year.
On balance, when you consider health insurance and taxes, the cost to employ a US worker is on par with much of Europe. Through our Employee Management Service, Foothold America provides comprehensive benefits, manages payroll, HR and other services, including administration and renewal of benefits.
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