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Calcimator

Employment Agreement Cost Calculator

Calculate the cost of restrictive covenants including non-compete, garden leave, and severance.

Inputs

$
months
%
$

Results

Total Cost Per Employee

$121,000.00

≈ 8 used cars

Total for All Employees

$605,000.00

≈ 14 Teslas

Garden Leave Cost$60,000.00
Severance Cost$60,000.00
Legal Cost Per Employee$1,000.00
Cost as % of Salary100.8%
How to Use This Calculator
  1. Enter the employee's annual salary and non-compete duration in months.
  2. Set garden leave pay rate (% of salary) and severance multiple (× annual salary).
  3. Enter legal drafting cost and number of employees receiving this agreement.
  4. Review Total Cost Per Employee, Total for All Employees, Garden Leave Cost, and Severance Cost.

How the result changes with Employee Annual Salary

Employee Annual SalaryTotal Cost Per EmployeeTotal for All Employees
$500,000.00$501,000.00$2,505,000.00
$1,750,000.00$1,751,000.00$8,755,000.00
$3,250,000.00$3,251,000.00$16,255,000.00
$4,500,000.00$4,501,000.00$22,505,000.00

What each input means

Employee Annual Salary
Annual base salary of the employee.
Non-Compete Duration (Months)
Duration of non-compete restriction.
Garden Leave Pay Rate
Percentage of salary paid during garden leave.
Severance Multiple (x Salary)
Severance as a multiple of annual salary.
Legal Drafting Cost
Attorney cost for drafting the agreement.
Number of Employees
Number of employees receiving this agreement.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Employee Annual Salary = 120000, Non-Compete Duration (Months) = 12, Garden Leave Pay Rate = 50, Severance Multiple (x Salary) = 0.5 = 6 input(s) provided
  2. Calculate Total Cost Per Employee
    Total Cost Per Employee
    121000 = $121,000
  3. Calculate Total for All Employees
    Total for All Employees
    605000 = $605,000
  4. Calculate Garden Leave Cost
    Garden Leave Cost
    60000 = $60,000
  5. Calculate Severance Cost
    Severance Cost
    60000 = $60,000

Engine last updated .

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