Turnover Cost Calculator

Cost of Hire Calculator

Directions: Fill in the cells with actual figures from your testing and selection during the past year. Then, click the 'calculate' button below the form.

What is the actual cost of not knowing all you could know about your applicants?

Total number of candidates hired and trained

Advertising/Recruiting (cost per candidate)

Employment Testing (cost per candidate for testing; include test costs plus salaries and overhead)

Interviewing (cost per candidate; include wage for interviewers plus overhead costs)

Average total amount paid to each newly-hired employee during their training and time before they can work without direct supervision

Training costs (cost per candidate; includes trainer's pay and other costs)

Average amount paid to supervisors, or others needed to supervise the average trainee during their probationary period

Cost of polygraph (cost per candidate)

Cost of medical screening (cost per candidate)

Cost of drug screen (cost per candidate)

Results

Total Cost of hiring and training all employees:

Average cost of hiring and training each employee:

Cost of Hire Calculator

Results

Have your questions answered.