Like any strategic business expenditure, your investment in recruitment pays dividends. But what’s the bottom line? Use the interactive calculators below to see how much your company can profit from four key benefits.
By sourcing more candidates directly, you can reduce spending on external agencies.
To calculate ROI, please estimate how many agency hires you’ll be able to save per year. Then select your average salary and agency fee.
Savings on agency fees
Formula (Agency hires before – Agency hires after) * Avg Salary * Agency Fee = ROI
Contact us for a free personal calculation of the total expected ROI for your company.
Request an ROI CalculationBy filling positions faster, you can make your business more productive. And by sourcing exactly the right candidates, new hires will be up-to-speed and delivering value faster.
To calculate ROI, you’ll need to estimate the average number of days saved and the contribution margin (i.e. what an employee should deliver in terms of added value), and indicate your number of hires per year and average salary.
Financial gains through reduced Time to Hire
Formula Hires * # of days reduced TTH * Avg Salary / 250 * Contribution margin
Financial gains through reduced Time to Hire
Formula Hires * # of days improved Ramp Up * Avg Salary / 250 * Contribution margin
By filling expensive senior positions with internal movers, you can save an estimated 10% on salaries compared to external hires.
To calculate ROI, please estimate the increase in internal movers, then indicate your average salary and wage premium for external hires.
Savings on salary costs
Formula (Internal movers after – Internal movers before) * Avg Salary * Wage premium
Contact us for a free personal calculation of the total expected ROI for your company.
Request an ROI Calculation