The Workforce Dividend
Calculate your Workforce Dividend.
One question to start. The dividend is financed entirely through the §125 payroll architecture you already run, with no net new employer budget required.
Your estimated annual Workforce Dividend
$0
Enter your headcount above to see your dividend.
Per month
$0.00
Per two weeks
$0.00
Per week
$0.00
Your assumptions
Calculated from your headcount and the enrollment rate.
0
Percent of your workforce expected to enrol. Accepts 40 to 90.
Dollars per year. Fixed at the published rate, inside the $600 to $900 band.
$750
Fixed rate, not adjustable.
What it means for an employee's paycheck
Shown alongside the employer figure because real coverage employees will use is what drives retention. This is per employee, not a company total.
Per employee, per year. Set once the census determines the tier.
Percent. Default 12. Excludes state tax.
Payroll tax avoided by the employee, at 7.65 percent.
7.65%
Enter an annual pre-tax deduction above to see the paycheck impact.
Payroll tax avoided
$0
Federal tax avoided
$0
Per-employee impact, per year
$0
Per two-week paycheck
$0.00
These are modelled estimates shown separately. None of them is added into your Workforce Dividend above, and changing any assumption here will not move that number.
Turnover and replacement cost
Modeled estimateEnter your turnover rate to model this
Needs sourcing before publish: replacement cost benchmark and the reduction attribution.
Absenteeism and time lost to care
Modeled estimateEnter an average hourly wage to model this
Needs sourcing before publish: hours saved per enrolled employee.
Medical trend mitigation, year one
Modeled estimateEnter your annual medical spend to model this
Needs sourcing before publish: assumed annual trend. Year one only, multi-year compounding is a proposal conversation.
Total modelled impact, shown separately from your Workforce Dividend
$0
Estimates only. Figures shown are illustrative and assume approximately 70 percent of employees are eligible and enroll, at an average Workforce Dividend of $600 to $900 per enrolled employee per year. The Workforce Dividend is the employer payroll tax the company no longer pays because employee taxable wages are reduced by a pre-tax deduction. It applies at 7.65 percent on wages below the Social Security wage base and at 1.45 percent above it. Actual results depend on your census, wage levels, plan tier assignment, and participation, and are determined once your census is processed. Figures shown under "full financial impact" are modeled estimates based on the assumptions displayed and are not a projection of your results. SmartHealth+ does not provide tax or legal advice. Consult your own advisors.