Strictlyjobs.com - Hiring Cost Calculator

If your not using Strictlyjobs.com you are paying too much! Use our Cost Comparison Calculator, to see just how much time and money Strictlyjobs.com can save you and your business.

The price of adverting is just one of the many cost, associated with hiring or recruiting the right candidate. Answer the questions below to find out how much you are REALLY spending on your employment needs.

Section One :Advertising Cost

Please estimate the total dollar amount that you spend annually (or that you anticipate spending) on:
1 ) Internet job advertising and or resume access ?	$
2 ) News Paper Job Advertisments	$
3 ) Agency or 3rd party Recruiter Fees and Commissions ?	$
Totals:
4 ) How many people do you hire per year (on average) ?
Overall how would your rate your satisfaction with the results that you get for advertising dollars?

Section Two: Screening & Search Time


1) The Average number of resumes and or phone calls that you usually review and or receive before interviewing?
2) Our surveys have shown that the average time spent on reviewing a resume or taking a phone enquiry is 5 minutes. How long do you spend?	(Minutes)
3) The Average number of phone calls or emails that you usually make or send to potential applicants in order to arrange interviews?
4) Average time spent on the telephone or email arranging each interview?	(Minutes)
5) The Total number of staff(HR and or other company personnel) that participates in the process of searching, screening, telephoning, emailing and finally arranging interview times?
6) The Estimated average "hourly wage" of the staff(HR and other company personnel) that participates in the process of screening, searching, telephone, emailing and finally arranging interview times per hour?

Overall how would you rate this process of searching, screening, telephone, emailing and finally arranging interview times?
Based on past experience, what percentage of the applicants and or resumes that you screen and or review before Interviewing:	Do not qualify for your job. Misrepresented themselves or their information in some way.

Section Three: Interviewing

1) How many times does the average applicant have to be interviewed with your organization before he or she is hired?
2) What is the average time spent conducting an Interview?	(Minutes)
3) The Average number of people that you usually interview per position?
4) The Total number of staff(HR and or other company personnel) that participates in the process of "Interviewing" potential applicants?
5) The Estimated average "Hourly wage" of staff(HR and or other company personnel) that participates in the process of "Interviewing" potential applicants?



Based on past experience, what percentage of the applicants that you actually Interviewed either by telephone or face-to-face:	Turned out to be a waste of time. Misrepresented themselves or their information in some way. Did not show up for their face-to-face interview.

Section Four: Replacement, Training & Loss Production Cost

Estimate your average cost for training time & salaries for both the new hire and staff. Also estimate the unavoidable lost of productivity while training, this may also include other cost such as busy telephone and fax lines.

Your average cost to hire someone is:

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