Fully loaded

What is fully loaded/burdened?

That is the true cost of employing a person to perform a job for you. The cost of that person to the company, especially if that person is a FTE is much more than just the person’s salary.

True cost of a head would include:

  1. salary
  2. super
  3. paid time-off, sick leave & public holidays
  4. occupancy (desk, building, carpark, heat/cool, phone, fax, email, tea/coffee, etc – maybe $10k)
  5. training & support
  6. allowances & benefits
  7. sustenance & catering

Fully loaded/burdened cost of an employee can safely be assumed x1.35, although some research point to x2 or even x2.5!!!

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