Calculate the true cost of hiring an employee in New York — beyond salary. All mandatory employer taxes included. Independent and vendor-neutral.
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New York employers pay SUI (4.025% on $12,300 = $495 max) plus Re-employment Services Fund (0.075% on $12,300 = $9.23/employee). NYC-area employers also pay MCTMT (Metropolitan Commuter Transportation Mobility Tax) up to 0.34% on all payroll — increases cost for employers in NYC, Westchester, Nassau, and surrounding counties. Combined burden makes NY one of the most expensive states to hire.
Mandatory FUTA + SUI cost per employee per year at new employer rates (excludes benefits):
| State | FUTA Rate | SUI Rate / Base | Min Tax/Employee |
|---|---|---|---|
| California | 1.8% | 3.400% on $7,000 | $364 |
| Texas | 0.6% | 2.700% on $9,000 | $285 |
| New York | 0.6% | 4.025% on $12,300 | $537 |
| Florida | 0.6% | 2.700% on $7,000 | $231 |
| Illinois | 0.6% | 3.500% on $13,590 | $518 |
| Pennsylvania | 0.6% | 3.689% on $10,000 | $411 |
| Ohio | 0.6% | 2.700% on $9,000 | $285 |
| Georgia | 0.6% | 2.700% on $9,500 | $298 |
| North Carolina | 0.6% | 1.000% on $31,400 | $356 |
| New Jersey | 0.6% | 2.817% on $42,300 | $1234 |
Highlighted row = current state. FUTA shown at state effective rate (may vary due to credit reductions). Actual costs vary by experience rating.
In New York, employers typically pay 20-30% above base salary in total employment costs. On a $75,000 salary, expect $88,000-$97,000 in total annual cost including employer FICA (7.65%), FUTA (0.6% on $7,000), NY SUI (4.025% on $12,300), health insurance, and 401(k) match.
New York employers are responsible for: Employer Social Security (6.2% on wages up to $184,500), Employer Medicare (1.45% on all wages), FUTA (0.6% on first $7,000 per employee), and NY SUI (4.025% on first $12,300 per employee). New York employers pay SUI (4.025% on $12,300 = $495 max) plus Re-employment Services Fund (0.075% on $12,300 = $9.23/employee). NYC-area employers also pay MCTMT (Metropolitan Commuter Transportation Mobility Tax) up to 0.34% on all payroll — increases cost for employers in NYC, Westchester, Nassau, and surrounding counties. Combined burden makes NY one of the most expensive states to hire.
No. The 4.025% rate shown is the NY new employer rate for 2026. After 1-3 years of employment history, your rate is recalculated based on your actual layoff/claims experience. Employers with low turnover often get rates below the new employer rate; those with high turnover pay more.
FUTA (Federal Unemployment Tax Act) is a federal tax of 0.6% on the first $7,000 per employee annually (max $42/employee). SUTA (State Unemployment Tax Act) is NY's state equivalent — 4.025% on the first $12,300 (max $495/employee at new employer rate). Both fund unemployment insurance programs.
New York employers pay SUI (4.025% on $12,300 = $495 max) plus Re-employment Services Fund (0.075% on $12,300 = $9.23/employee). NYC-area employers also pay MCTMT (Metropolitan Commuter Transportation Mobility Tax) up to 0.34% on all payroll — increases cost for employers in NYC, Westchester, Nassau, and surrounding counties. Combined burden makes NY one of the most expensive states to hire. Use this calculator to compare total cost across all 10 states before deciding where to hire.
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