THE TRUE COST OF RECRUITMENT
Easily estimate the cost of hiring or replacing great talent within your organisation using our Recruitment Cost Calculator.
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Choose your calculator type...
We've created a simple cost calculator which is perfect for smaller organisations, and a more complex calculator for larger organisations that need to factor in variables from multiple sources.
Let's crunch some numbers
Thinking about either the hours or days it would take to complete each of the following tasks, then enter the amount at which it would cost the business or where this is a direct cost add this figure.
Preparing job adverts, organising interviews, new starter preparations, inductions, medicals and training.
Hiring manager, HR engagement, interviewers, assessors, and any other resources.
Job recruitment boards, advertising, recruitment agency costs and commission, job referrals payment.
Training, legal and medical costs, office or workstation costs, company benefits, etc.
Employee Attrition Costs?
Would you like to calculate the costs or savings for those that leave the business?
Employee Attrition & Turnover
We'll work out both the costs and savings here for those that exit the business.
How much will the business be better off when this employee leaves?
Employee time wastage, legal costs - grievance / tribunals, loss of productivity, overtime, contractor backfill, etc.
Internal Recruitment Costs
Thinking about either the hours or days it would take to complete each of the following tasks, then enter the amount at which it would cost the business or where this is a direct cost add this figure.
Reference Checking / Medicals / Disclosures & Criminal Checks
Other Costs
Thinking about either the hours or days it would take to complete each of the following tasks, then enter the amount at which it would cost the business or where this is a direct cost add this figure.
The amount it will cost your organisation annually on the increased Salary. (If applicable)
The amount your organisation will save annually on this new hire's proposed Salary. (If applicable)
This can include and adjustments that need to be made: workstations, accessibility, etc.
Management & Resource Times
Thinking about either the hours or days it would take to complete each of the following tasks, then enter the amount at which it would cost the business or where this is a direct cost add this figure.
Engagement with HR and recruitment companies, job boards, screening resumes, interviewing, post interview reviews, job offers, induction, probation performance management, etc.
From initiation to probation completion.
Additional interviwers, assessors, etc.
External Recruitment Costs
Thinking about either the hours or days it would take to complete each of the following tasks, then enter the amount at which it would cost the business or where this is a direct cost add this figure.
Google Ads, Bing, LinkedIn Ad Solutions
Employee Attrition
We'll work out both the costs and savings here for those that exit the business.
Salary, pension, benefits, etc.
How much will the business be better off when this employee leaves?
Employee time wastage, legal costs - grievance / tribunals, loss of productivity, overtime, contractor backfill, etc.
Your Results & Breakdown
The estimated cost of recruiting within your organisation is :
Here's a summary of your answers
| Individual Breakdown | Information | Quantity | Cost to the Business |
|---|---|---|---|
| Discount : | |||
| Total : | |||