Estimate a new hire's benefits cost

This article is for Full Access admins and admins with benefits permissions.

If you offer benefits through Gusto, you can find all of your company's current plan information in the Benefits section of your admin account.

Estimate how much a new hire's benefits will cost

If we manage your benefits and you have a new employee joining your team, you can estimate their monthly benefits cost in your Gusto admin account.

To estimate a new employee’s benefits cost:

  1. Sign in to Gusto.

  2. Go to Benefits.

  3. Click Estimate new employee cost.

  4. Enter the employee’s personal information:

    • First name

    • Last name

    • Birthday

  5. Click Get Estimate.

    • The estimate is available for two weeks. If it expires, you can regenerate it at any time by repeating these steps.

We'll estimate the employee’s monthly premium cost based on their date of birth. The summary provides a range of monthly premium costs based on the benefits and plans you offer and if the employee has dependents.

If you’d like to see the premiums of each plan, click Download Cost Breakdown (PDF). The PDF includes the employee, spouse, and child costs for each plan that you offer.

Assumptions and methodology: Estimated costs are used for illustrative purposes only—actual costs will vary. The estimated cost assumes that any child dependent is younger than 18 and any spouse is the same age as the employee. For more detailed pricing, contact your insurance carrier.