Hiring Cost Calculator

Costs Salary and benefits Proposed salary Benefits Medical Other Subtotal Administrative costs Calculating benefits and salary (cost/hour) Working with IT to develop workspace Contracting with recruiter/headhunter Advertising for position Screening resumes Interviewing candidates First interview Second interview Final interview Credit/background/reference check Test for controlled substances Relocation/moving costs Subtotal Orientation/Training In-house training on company applications Training programs with vendor Additional office equipment Tech support Subtotal

Total hiring costs

Estimated (example)Actual (example) 50,000.00

50,000.00

10,000.00 4,500.00 64,500.00

10,000.00 4,500.00 64,500.00

Hours

Hours

2 0.5

100.00 42.50 5,000.00 300.00 200.00

2 0.5

2 1 1

250.00 125.00 125.00 150.00 75.00 2,000.00 8,367.50

2 1 1

250.00 125.00 125.00 150.00 75.00 2,000.00 8,367.50

6

210.00 600.00 500.00 70.00 1,380.00

6

210.00 600.00 500.00 70.00 1,380.00

4

2

74,247.50

4

2

100.00 42.50 5,000.00 300.00 200.00

74,247.50

Estimated

Actual

Hours

Hours

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0.00

0.00