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How much should I charge per employee?

While there's no one-size-fits-all solution to calculating total employee cost, the formula most commonly used (and a safe estimate if you're trying to budget for a new employee) is that the average total cost for an employee is between 1.25 and 1.4 times the employee's base salary.

What information do I need to hire an employee?

Here's what you'll need to have them sign: An official offer letter. ... A personal data form. ... An I-9 Employment Eligibility Verification form that verifies their right to work in the United States. ... A W-2 tax form. A W-4 tax form. A DE 4 California Payroll Tax Form. Any insurance forms.

How much does it cost to hire an employee in Oregon?

Rates vary by state, but a 2014 report [PDF] from the state of Oregon noted that the median rate is around $1.85 per $100 of payroll, or 1.85 percent of an employee's salary.

What type of plan is Oregon PERS?

The Oregon Public Employees Retirement System (PERS) is a 401(a) defined benefit plan with Internal Revenue Code 414(k) accounts (the IAP). Your OPSRP pension is what is called a defined benefit, which means it does not have an account balance and is defined by other means.

What does pers stand for in Oregon?

The Public Employees Retirement System (PERS) is the retirement system for most public service workers in Oregon, including state employees. PERS-covered employees hired after Aug. 28, 2003, are Oregon Public Service Retirement Plan (OPSRP) members, unless membership was previously established in PERS.

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