What is Fully loaded cost?
Salary plus benefits, payroll taxes, equipment, and recruiting. A common multiplier is 1.25 to 1.4 times base salary.
Where you will use it: this term comes up in the Entrepreneurial Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Entrepreneurial Finance course by Devon Coombs, CPA, MBA.