Cost of an employee in New York
For a new employer in New York, payroll taxes on a $50,000 salary come to about $4,575 a year (9.2% of wages). Add workers' comp and benefits below to see the full cost.
Cost of an employee in New York
Workers' comp rates depend on your job class and insurer; enter your quoted rate. Results are estimates for one full-year employee and exclude local taxes.
Rates used
- Social Security 6.2% up to $184,500; Medicare 1.45% (employer shares, 2026)
- FUTA 0.6% on the first $7,000
- New York SUTA: 4.025% new-employer rate on the first $17,600. New York payroll taxes
Running payroll in New York?
Sources
- New York State Department of Labor · data as of January 1, 2026 · last checked October 9, 2026
- www.wcb.ny.gov · data as of January 1, 2026 · last checked October 9, 2026
- paidfamilyleave.ny.gov · data as of January 1, 2026 · last checked October 8, 2026
- Internal Revenue Service, Publication 15 (Circular E), 2026 · data as of January 1, 2026 · last checked October 9, 2026
We copy figures from official sources and re-check them against the source before every update. See our methodology. This is general information, not legal advice.