Total hourly cost of hiring manager, including super, leave entitlements etc. | | |
Total hourly cost of new employee, including super, leave entitlements etc. | | |
Recruitment Task Calculator | Estimated Time | Your Cost |
Review job description and write a professional advert | 2.5 Hrs | |
Time posting advertisement on job-boards | 1.5 Hrs | |
Advertisement costs | - | |
Resume Screening | 4 Hrs | |
Receiving interrupting calls and correspondence from 'keen' candidates | 2 Hrs | |
Preliminary telephone interviews | 3 Hrs | |
Face-to-face interviews of short-listed candidates | 5 Hrs | |
Preliminary reference checks of short-listed candidates | 2.5 Hrs | |
Final Interviews with shortlisted candidates | 3.5 Hrs | |
Final reference checks of selected candidate | 1 Hrs | |
Review / draft contract of employment | 2 Hrs | |
Manage offer and negotiations | 2 Hrs | |
Communication to unsuccessful candidates | 2 Hrs | |
TOTAL Recruitment Cost | | |
Onboarding and On-the-Job Training Calculator | Estimated Time | Your Cost |
Trainer/Manager's time spent | 5 Days | |
Employee's time spent in training | 5 Days | |
Cost of productivity ramp-up to
(During the first 3 months, an average new employee performs at LESS than 75% productivity of most other employees) | | |
TOTAL Onboarding Cost | | |
Total Recruitment and onboarding costs per person | | |
Estimated annual turnover cost, based on number of lost employees | | |