True Cost Per Hire Calculator
Estimate total hiring expenses beyond just the annual salary.
Hiring & Vacancy
Annual Salary
Base annual pay for this position.
$
Days to Fill
Total days the position remains open.
Internal Hiring Hours
Combined HR + Manager hours spent.
Internal Hourly Cost
Combined cost of staff conducting the hire.
$
Direct Costs & Risk
Advertising Spend
Job boards, sourcing, and agency fees.
$
Overtime Hours
OT needed to cover the vacancy gap.
First-Year Turnover Risk
Probability of employee turnover in Year 1.
%
Calculations
Vacancy Cost (Lost Productivity)
Based on 30% productivity loss during the vacancy.
$0.00
Internal Recruiting Labor
Internal staff time multiplied by hourly cost.
$0.00
Advertising & Fees
Direct third-party recruitment expenditures.
$0.00
Overtime Coverage Cost
Estimated at 1.5x hourly rate for coverage hours.
$0.00
Expected Turnover Impact
Based on 30% salary replacement cost x risk probability.
$0.00
Total Estimated Cost:
$0.00
Cost Per Day Open: $0.00
% of Salary: 0%