- Country Guide
- United States
United States
Last Update by Katie, 01 Jul 2024
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Exchange Rate
18 Sep 2024
Cost of Living
Indicative value for a working adult in a city: Los Angeles
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (USD) |
|---|---|
| McDonalds Set Meal | 12.00 |
| Monthly Train and Bus Tickets | 83 |
| 3 Bedrooms Rental (City Center) | 4,642 |
| 3 Bedrooms Rental (Outskirt) | 3,698 |
Current Inflation Rate
3.4%
Wage
Minimum Wages
- Federal minimum wage for covered non-exempt staff: 7.25 USD per hour. California: 16.00 USD per hour, New York: 15.00 per hour
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (USD) |
|---|---|
|
Entry-Level
Fresh Graduate
|
2,960 |
|
Mid-Level
5 Years
|
5,800 |
|
Experienced & Managerial Level
10 Years
|
7,800 |
|
Specialized & Senior-Level
15 Years
|
9,800 |
Annual Salary Growth
4%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Social security (OASDI) |
6.2% Annual salary ceiling 168,600 USD |
6.2% Annual salary ceiling 168,600 USD |
All staff |
| Medical insurance (Medicare) | 1.45% |
1.45% + 0.9% from salary exceeding 200,000 USD per year |
All staff |
| Federal Unemployment Tax (FUTA) |
0.6% On the first 7,000 USD of income |
- | All staff |
| Workers' Compensation Insurance | Average cost 936 USD per staff member | - | Mandatory for all employers in all states except Texas |
State/Province Level
California
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| State Unemployment Insurance (SUI) |
Range 1.5% to 6.2%. up to salary of first 7,000 USD |
- |
All Staff New employer rate is 3.4%. |
|
Disability Insurance (SDI) |
- |
1.1% No taxable wage limit or maximum withholding |
All Staff |
| Employment Training Tax |
0.1% Salary limit is 7,000 USD / employee |
- | All Staff |
Other Benefit
Other common employment benefits in United States include:
- Health Insurance cost varies upon the insurance provider: Averages 7,188 USD for individuals, 20,576 USD for family per year
- Dental Insurance cost varies upon the insurance provider: Averages 366 USD per year
- Vision Insurance varies on the insurance provider: Averages 120 USD per year
Income Tax
Residents
Country Level
| Taxable Income | Rate |
|---|---|
| 0 -11,600 | 10% |
| 11,601 - 47,150 | 12% |
| 47,151-100,525 | 22% |
| 100,526-191,950 | 24% |
| 191,951-243,725 | 32% |
| 243,726-609,350 | 35% |
| 609,351 and over | 37% |
State/Province Level
Illinois
| Taxable Income | Rate |
|---|---|
| 0 - 1000 | 37.25% - 49.37% |
| 1000 and over | 4.95% in excess of 1,000 plus 49.50 USD |
Working Hours
Statutory
40 Hours
8 hours a day, 5 days a week
Typical practice
40 Hours
Monday - Friday
Overtime
Over 8 hours per day or 40 per week is considered overtime
- Saturdays, Sundays, holidays, or regular days of rest: Paid 1.5 times regular pay
- Staff in California: 2 times regular pay for over 12 hours per day and on 7th consecutive workday with no breaks in service
Employment Contract
Fixed-Term
Used to cover absent staff, fill a human resources gap, or large projects.
Contract Format
American English
Payroll Currency
USD
Probation
Not a legal requirement, common practice 60-90 days
Contract Period
Up to 1 year
Termination
-
During probation:
- Notice required if listed in the contract, otherwise none required -
After probation:
- Notice required if listed in the contract, otherwise none required -
Early termination:
- Varies per state. Notice or payment in lieu may be n the contract
- Early termination for terms not set out in the contract: Employers pay wages staff would have received to the end of the term -
Severance (mutually agreed):
- 1-2 years' service: 1-2 weeks' pay per year
- 3-5 years' service: 2-3 weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: 4+ weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: Over 4 weeks' pay per year
Public Holiday
11 days
Holidays falling on a Saturday, are observed on a Friday, holidays falling on a Sunday, are observed on Mondays
Country Level
| Date | Name |
|---|---|
| 01 Jan | New Year's Day |
| 15 Jan | Martin Luther King, Jr. Day |
| 19 Feb | George Washington's Birthday |
| 27 May | Memorial Day |
| 19 Jun | Juneteenth |
| 04 Jul | Independence Day |
| 02 Sep | Labor Day |
| 14 Oct | Columbus Day |
| 11 Nov | Veterans Day |
| 28 Nov | Thanksgiving Day |
| 25 Dec | Christmas Day |
State/Province Level
Virginia
| Date | Name |
|---|---|
| 12 Jan | Lee-Jackson Day |
| 29 Nov | Day After Thanksgiving |
| 24 Dec | Christmas Eve |
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Paid Sick Leave (PSL) | 5 working days per year (average) | All private staff, no federal law governing sick leave, multiple states require employers to provide sick leave |
| Family and Medical Leave Act (FMLA) | Up to 12 weeks | All private staff |
| Federal Employees Parental Leave Act (FEPLA) | Up to 12 weeks | All federal staff |
| Uniformed Services Employment and Reemployment Rights Act (USERRA) | Up to 12 weeks | All private and federal staff returning from military service or training |
| Jury Duty Leave | Unlimited | All staff |
Reference
- https://www.numbeo.com/cost-of-living/in/Los-Angeles
- https://www.irs.gov
- https://www.irs.gov/forms-instructions
- https://www.irs.gov/tax-professionals/standard-mileage-rates
- https://www.dol.gov/general/topic/benefits-leave/fmla
- https://www.dol.gov/agencies/vets/programs/userra/USERRA-Pocket-Guide#ch1
- https://www.dol.gov/agencies/whd/overtime
- https://www.dol.gov/general/jobs/benefits/paid-parental-leave
- https://www.dol.gov/general/topic/termination
- https://www.dol.gov/general/topic/termination/plantclosings
- https://www.dol.gov/agencies/whd/minimum-wage/state
- https://www.law.cornell.edu/wex/employment-at-will_doctrine
- https://edd.ca.gov/en/Payroll_Taxes/What_Are_State_Payroll_Taxes
- https://www.ftb.ca.gov/forms/2023/2023-540-tax-rate-schedules.pdf
- https://www.opm.gov/policy-data-oversight/pay-leave/federal-holidays/
- https://cdle.colorado.gov/beginning-rates
- https://drive.google.com/file/d/18k8lo6yKHTgyk970xZnPn1o2alqXnYAa/view
- https://dol.ny.gov/unemployment-insurance-rate-information
- https://dol.ny.gov/minimum-wage-0
- https://www.twc.texas.gov/programs/unemployment-tax/tax-rates
- https://www.des.nc.gov/employers/tax-rate-information
- https://mdes.ms.gov/employers/unemployment-tax/reporting-and-filing/unemployment-tax-rates/
- https://www.michigan.gov/leo/bureaus-agencies/uia/assets/unemployment-tax-rate
- https://mdes.ms.gov/employers/unemployment-tax/reporting-and-filing/unemployment-tax-rates/
- https://www.revenue.pa.gov/Tax%20Rates/Pages/Personal%20Income%20Tax%20Rates.aspx
- https://www.incometaxpro.com/tax-rates/delaware.htm
- https://tax.colorado.gov/sites/tax/files/documents/DR1098_2023.pdf
- https://nc-us.icalculator.com/income-tax-rates/2024.html
- https://www.michigan.gov/taxes/business-taxes/withholding/2024-income-tax-withholding-tables/semi-monthly
- https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/withholding/documents/currentyear/il-700-t.pdf
- https://www.tax-brackets.org/massachusettstaxtable
- https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2024
- https://nj-us.icalculator.com/income-tax-rates/2024.html#personal-income-tax
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Contact UsCountry Guide - United States
Last updated: 01 Jul 2024
Exchange Rate
Currency (USD)
- 1 CNY = 0.185 USD
- 1 USD = 1.32 USD
Other currencies can be retrieved via the country guide link above.
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Labor Cost Calculator
To know the total employer cost for hiring a staff with certain salary, please go to our main site: https://marcopayroll.com
Cost of Living
Indicative value for a working adult in a city: Los Angeles
Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff
| Living Requirement | Indicative Amount (USD) |
|---|---|
| McDonalds Set Meal | 12.00 |
| Monthly Train and Bus Tickets | 83 |
| 3 Bedrooms Rental (City Center) | 4,642 |
| 3 Bedrooms Rental (Outskirt) | 3,698 |
Current Inflation Rate
3.4%
Wage
Minimum Wages
- Federal minimum wage for covered non-exempt staff: 7.25 USD per hour. California: 16.00 USD per hour, New York: 15.00 per hour
Median Salary
Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.
| Job Level | Monthly Salary (USD) |
|---|---|
|
Entry-Level
Fresh Graduate
|
2,960 |
|
Mid-Level
5 Years
|
5,800 |
|
Experienced & Managerial Level
10 Years
|
7,800 |
|
Specialized & Senior-Level
15 Years
|
9,800 |
Annual Salary Growth
4%
Statutory Contribution
Country Level
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Social security (OASDI) |
6.2% Annual salary ceiling 168,600 USD |
6.2% Annual salary ceiling 168,600 USD |
All staff |
| Medical insurance (Medicare) | 1.45% |
1.45% + 0.9% from salary exceeding 200,000 USD per year |
All staff |
| Federal Unemployment Tax (FUTA) |
0.6% On the first 7,000 USD of income |
- | All staff |
| Workers' Compensation Insurance | Average cost 936 USD per staff member | - | Mandatory for all employers in all states except Texas |
State/Province Level
California
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| State Unemployment Insurance (SUI) |
Range 1.5% to 6.2%. up to salary of first 7,000 USD |
- |
All Staff New employer rate is 3.4%. |
|
Disability Insurance (SDI) |
- |
1.1% No taxable wage limit or maximum withholding |
All Staff |
| Employment Training Tax |
0.1% Salary limit is 7,000 USD / employee |
- | All Staff |
Alabama
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| State Unemployment Insurance (SUI) |
0.20 - 5.4% Up to salary of first 8,000 USD |
- |
All Staff New employer rate is 2.70% |
Hawaii
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| State Unemployment Insurance (SUI) |
0.2% - 5.8%, applicable to the first 59,100 USD |
- |
All Staff New employer rate is 3.0% |
Colorado
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Unemployment insurance (SUI) |
Up to 0.08055% Taxable wage base is 23,800 USD |
- | All Staff |
| Family and Medical Leave Insurance | 0.45% | 0.45% | All Staff |
New York
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Unemployment Insurance (UI) |
3.4 % for new employers Taxable wage base is 12,500 USD |
- | All Staff |
| State Disability Insurance (SDI): |
0.5% Weekly wages capped at 0.60% |
- | All Staff |
| Paid Family Leave (PFL) Insurance | - |
0.373% of gross wages. Annual maximum of 333.25 USD |
All Staff |
North Carolina
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| State Unemployment Insurance (SUI) |
1% for new employers applicable to the first 31,400 USD |
- | All Staff |
Texas
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| State Unemployment Insurance (SUI) |
Range 0.25% – 6.25% applicable to the first 9,100 USD |
- |
All Staff New employer rate is 2.70% |
Nevada
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Unemployment Insurance |
2.95% for new employers. The taxable wage base is 40,600 USD |
- | All Staff |
Minnesota
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Unemployment Insurance |
0.10%- 0.50% The taxable wage base is 42,000 USD |
- | All Staff |
Mississippi
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Unemployment Insurance |
1.00% the first year of liability, 1.10% the second year of liability 1.20% for the third year. The taxable wage base is 14,000 USD |
- | All Staff |
Michigan
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Unemployment Insurance |
2.7% in the first year. The taxable wage base is 9,500. |
- | All Staff |
Massachusetts
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
| Unemployment Insurance | 1.87%. The taxable wage base is 15,000. | - | All Staff |
Other Benefit
Other common employment benefits in United States include:
- Health Insurance cost varies upon the insurance provider: Averages 7,188 USD for individuals, 20,576 USD for family per year
- Dental Insurance cost varies upon the insurance provider: Averages 366 USD per year
- Vision Insurance varies on the insurance provider: Averages 120 USD per year
Income Tax
Residents
Country Level
| Taxable Income | Rate |
|---|---|
| 0 -11,600 | 10% |
| 11,601 - 47,150 | 12% |
| 47,151-100,525 | 22% |
| 100,526-191,950 | 24% |
| 191,951-243,725 | 32% |
| 243,726-609,350 | 35% |
| 609,351 and over | 37% |
State/Province Level
Illinois
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Colorado
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Michigan
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Washington
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Florida
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
North Carolina
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Delaware
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Pennsylvania
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
California
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Minnesota
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
New York
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Connecticut
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
New Jersey
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Massachusetts
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Texas
| Type | Employer Rates | Employee Rates | Notes |
|---|---|---|---|
Working Hours
Statutory
40 Hours
8 hours a day, 5 days a week
Typical practice
40 Hours
Monday - Friday
Overtime
Over 8 hours per day or 40 per week is considered overtime
- Saturdays, Sundays, holidays, or regular days of rest: Paid 1.5 times regular pay
- Staff in California: 2 times regular pay for over 12 hours per day and on 7th consecutive workday with no breaks in service
Employment Contract
At-Will
Can be temporary, permanent, or seasonal.
Probation
Not legal requirement, common practice 60-90 days
Termination
No formal procedure required. Staff are protected from unfair dismissal in violation of federal, state and local discrimination or anti-retaliation laws.
-
Notice during probation:
- No notice
- May be terminated either by employer or staff -
Notice after probation:
- No notice
- May be terminated either by employer or staff -
Severance (mutually agreed and optional):
- 1-2 years' service: 1-2 weeks' pay per year
- 3-5 years' service: 2-3 weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: 4+ weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: 4+ weeks' pay per year
Fixed-Term
Used to cover absent staff, fill a human resources gap, or large projects.
Probation
Not a legal requirement, common practice 60-90 days
Termination
-
During probation:
- Notice required if listed in the contract, otherwise none required -
After probation:
- Notice required if listed in the contract, otherwise none required -
Early termination:
- Varies per state. Notice or payment in lieu may be n the contract
- Early termination for terms not set out in the contract: Employers pay wages staff would have received to the end of the term -
Severance (mutually agreed):
- 1-2 years' service: 1-2 weeks' pay per year
- 3-5 years' service: 2-3 weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: 4+ weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: Over 4 weeks' pay per year
Permanent
Probation
Not a legal requirement, common practice 60-90 days
Termination
Setting conditions for termination:
- Expected notice period
- Severance policy and packages if applicable
- Circumstances for termination in accordance with the policy
-
Notice during probation:
- Notice required if listed in the contract, otherwise none required -
Notice after probation:
- Notice required if listed in the contract, otherwise none required -
Severance (mutually agreed):
- 1-2 years' service: 1-2 weeks' pay per year
- 3-5 years' service: 2-3 weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: 4+ weeks' pay per year
- 6-10 years' service: 3-4 weeks' pay per year
- 11+ years' service: 4+ weeks' pay per year
Public Holiday
11 days
Holidays falling on a Saturday, are observed on a Friday, holidays falling on a Sunday, are observed on Mondays
2024
| Date | Name |
|---|---|
2025
| Date | Name |
|---|---|
Leave
| Leave Type | Entitlement | Notes |
|---|---|---|
| Paid Sick Leave (PSL) | 5 working days per year (average) | All private staff, no federal law governing sick leave, multiple states require employers to provide sick leave |
| Family and Medical Leave Act (FMLA) | Up to 12 weeks | All private staff |
| Federal Employees Parental Leave Act (FEPLA) | Up to 12 weeks | All federal staff |
| Uniformed Services Employment and Reemployment Rights Act (USERRA) | Up to 12 weeks | All private and federal staff returning from military service or training |
| Jury Duty Leave | Unlimited | All staff |
Reference
- https://www.numbeo.com/cost-of-living/in/Los-Angeles
- https://www.irs.gov
- https://www.irs.gov/forms-instructions
- https://www.irs.gov/tax-professionals/standard-mileage-rates
- https://www.dol.gov/general/topic/benefits-leave/fmla
- https://www.dol.gov/agencies/vets/programs/userra/USERRA-Pocket-Guide#ch1
- https://www.dol.gov/agencies/whd/overtime
- https://www.dol.gov/general/jobs/benefits/paid-parental-leave
- https://www.dol.gov/general/topic/termination
- https://www.dol.gov/general/topic/termination/plantclosings
- https://www.dol.gov/agencies/whd/minimum-wage/state
- https://www.law.cornell.edu/wex/employment-at-will_doctrine
- https://edd.ca.gov/en/Payroll_Taxes/What_Are_State_Payroll_Taxes
- https://www.ftb.ca.gov/forms/2023/2023-540-tax-rate-schedules.pdf
- https://www.opm.gov/policy-data-oversight/pay-leave/federal-holidays/
- https://cdle.colorado.gov/beginning-rates
- https://drive.google.com/file/d/18k8lo6yKHTgyk970xZnPn1o2alqXnYAa/view
- https://dol.ny.gov/unemployment-insurance-rate-information
- https://dol.ny.gov/minimum-wage-0
- https://www.twc.texas.gov/programs/unemployment-tax/tax-rates
- https://www.des.nc.gov/employers/tax-rate-information
- https://mdes.ms.gov/employers/unemployment-tax/reporting-and-filing/unemployment-tax-rates/
- https://www.michigan.gov/leo/bureaus-agencies/uia/assets/unemployment-tax-rate
- https://mdes.ms.gov/employers/unemployment-tax/reporting-and-filing/unemployment-tax-rates/
- https://www.revenue.pa.gov/Tax%20Rates/Pages/Personal%20Income%20Tax%20Rates.aspx
- https://www.incometaxpro.com/tax-rates/delaware.htm
- https://tax.colorado.gov/sites/tax/files/documents/DR1098_2023.pdf
- https://nc-us.icalculator.com/income-tax-rates/2024.html
- https://www.michigan.gov/taxes/business-taxes/withholding/2024-income-tax-withholding-tables/semi-monthly
- https://tax.illinois.gov/content/dam/soi/en/web/tax/forms/withholding/documents/currentyear/il-700-t.pdf
- https://www.tax-brackets.org/massachusettstaxtable
- https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2024
- https://nj-us.icalculator.com/income-tax-rates/2024.html#personal-income-tax
Contact Info
-
Singapore (Headquarters)
8 Marina Boulevard, MBFC Tower 1, #11-01, Singapore, 018981
+65 6653 4334 -
China (Headquarters)
79 Jianguo Road, China Central Place Tower 2, #09-52, Beijing, 100025
+86 10 6580 0555 -
China (Service Center)
23 Dagong Street, Eton Place Tower 2, Unit 1808, Dalian, 116001
-
United States
445 S Figueroa St, 31st Floor, Los Angeles, California, 90071
-
United Kingdom
71 - 75 Shelton Street, London, England GB
-
Netherlands
Vijzelstraat 68, 1017 HL, Amsterdam
-
Australia
Level 22, Salesforce Tower, 180 George Street, Sydney, NSW 2000