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Cost Calculator
Instructions: Most recruiting cost calculators only take into
account the costs of sourcing applicants, but the other half of the
process - selection and hiring - is usually not taken into account
in sufficient detail to show the considerable expense involved in
processing applicants through your selection process. Below is a
calculator that focuses on a typical selection process
with the usual steps, effort, and costs. Please feel free
to adjust any numbers to more accurately reflect your own
process. The detail portion starting with "Typical activities
to fill each opening" is intended to look at the process for
filling a single job; if it is easier for you to enter
numbers on a different basis, for example for yearly hiring
activity, the calculator will also work on that basis, but the
roll-up numbers at the bottom may be incorrect. If you do not
utilize some of these steps, just delete the numbers along
that row. Remember to click the "calculate" button at the
bottom.