Bench Cost Calculator: calculate bench cost for your business. Formula, benchmarks, and practical tips included.
Daily bench cost = (Annual salary + benefits + overhead) ÷ 220 working days
Total bench cost = Daily cost × Number of benched employees × Bench days
Worked example: 15 consultants on bench. Average daily cost per consultant 650 (all-in). Average bench duration 12 days. Bench cost = 15 × 650 × 12 = 117,000 in lost contribution plus the direct payroll cost.