cost per hire calculator
TRANSCRIPT
INR spent for local newspaper
INR spent for web advertising
INR spent in other media advertising
Total hours reviewed by Human Resource staff
Average hourly salary of Human Resource staff
Total HR Cost
Total hours reviewed by other employees within organization
Average hourly wage of other employees reviewing resume
Total Cost Other Departments
Hours spent to interview single candidate by Human Resource staff
Average hourly wage of Human Resource staff
Total HR Cost
Hours spent to interview a single candidate by other employees within organization
Average hourly wage of other employees interviewing candidate
Total Cost Other Departments
Typical number of candidates chosen for interview process
Cost of single evaluation/assessment
Typical Number of candidates chosen for evaluation/assessment
Travel costs for single candidate (airline tickets, mileage, etc.)
Meal costs for single candidate
Lodging costs for single candidate
Typical number of non-local applicants
Replacement Cost Calculator
Cost of advertising for the position
Total Advertising Cost
Recruiter Fees
Cost of reviewing resumes
Total Cost Reviewing Resumes
Cost of interviewing Candidates
Total Interviewing Cost
Costs for Psychological Evaluation/Assessment Center
Total Evaluation/Assessment Cost
Additional Costs for non-local applicants (if applicable)
Total additional cost for non-local applicant
Typical moving expenses for selected candidate
Cost of physical examination
Cost of background check
Signing Bonus (if applicable)
Training of new employee
Hours spent by Human Resource staff scheduling and implementing orientation
Average hourly wage of Human Resource staff
Total HR Cost
Hours spent by other staff training/orientating new employee
Average hourly wage of other staff
Total Cost Other Departments
Number of other employees lost, now that they are aware of other opportunities
Additional Cost of other employees lost
Total Cost of Employee Turnover
Cost of Hiring New Employee
While hiring new employees is a costly process in and of itself, it is also necessary to estimate what was lost in the departure of the old employee. While
it is difficult to "dollarize" the cost of losing a good employee, we ask that you attempt to "guesstimate" answers to the questions below in order to arrive
at an accurate picture of the total cost of employee turnover.
Dollar Value of projects not completed by departing employee
INR lost as a result of strengthening the competitor
INR lost as a result of key customers and vendors who valued employee
Cost of Losing Old Employee
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Replacement Cost Calculator
Total Advertising Cost
Total Cost Reviewing Resumes
Total Interviewing Cost
Total Evaluation/Assessment Cost
Total additional cost for non-local applicant
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Additional Cost of other employees lost
Total Cost of Employee Turnover
Cost of Hiring New Employee
While hiring new employees is a costly process in and of itself, it is also necessary to estimate what was lost in the departure of the old employee. While
it is difficult to "dollarize" the cost of losing a good employee, we ask that you attempt to "guesstimate" answers to the questions below in order to arrive
at an accurate picture of the total cost of employee turnover.
Cost of Losing Old Employee