Tennessee · 2026 employer costs

How much does an employee cost in Tennessee?

Tennessee has no state income tax, so the employer-side bill is simpler than in most states: federal Social Security and Medicare plus Tennessee's unemployment insurance rate and wage base. Below is a 2026 estimate for a $60,000 hire, and the full calculator to run your own numbers.

A $60,000 Tennessee employee costs about

$64,821

in mandatory employer costs alone — before any optional benefits.

  • New-employer SUI: 2.7% on the first $7,000 of wages.
  • Standard FUTA rate applies: 0.6% — this state is not projected to face a federal credit reduction for 2026.
  • No state income tax, for either employer or employee.
  • This rate was checked directly against the TN Dept. of Labor and Workforce Development, current as of 2026-01.

New-employer unemployment rates are reset yearly and can vary by industry — confirm your assigned rate on your TN Dept. of Labor and Workforce Development notice before budgeting.

$

What you’d pay this person — before taxes or benefits.

Used only for employer-size rules. The estimate below is for one new hire.

Include benefits

Health insurance, 401(k) match, bonus, and more. Off by default.

2026 calculation assumptions
Mandatory costs & sources
Employer Social Security6.2% up to $184,500

Source: SSA / IRS

Employer Medicare1.45%, no wage cap

Source: IRS

FUTA (Federal Unemployment)0.60% up to $7,000

Source: IRS / U.S. Dept. of Labor

State Unemployment (TN SUI)2.7% up to $7,000

Source: TN Dept. of Labor and Workforce Development

Assumed for this calculation

This estimate assumes your business is a new employer (not yet experience-rated) for unemployment insurance purposes. An established business’s actual SUI rate may be higher or lower depending on its claims history. “Current employees” is used only to check headcount-based thresholds (paid sick leave tiers, the ACA’s 50-employee mark) — it doesn’t change the tax rates themselves.

HireCost · 2026 estimateTennessee
Employee #5 salary
$60,000
Mandatory employer costs
Employer Social Security
6.2% up to $184,500
+$3,720
Employer Medicare
1.45%, no wage cap
+$870
FUTA (Federal Unemployment)
0.60% up to $7,000
+$42
State Unemployment (TN SUI)
2.7% up to $7,000
+$189
True Annual Cost
$64,821
1.08× the salary alone
$5,402/mo

Reverse the question

Not “what will it cost?” — what can I afford?

Enter what your business can put toward one new hire each month, all-in. We’ll work backward through TN payroll taxes to the highest salary it supports.

$/mo

Estimated affordable salary

$77,816

per year

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