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Cost of Bad Hire Calculator

  • Puts your hiring procedures into perspective
  • Helps you allocate your resources in a
    more cost-effective manner
  • Helps you keep track of turnover costs
  • Handy and easy to use
 
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It takes a minimum of three months for a new employee to settle into a position, and for many jobs, at least a year to determine whether the person is a right fit. During this probationary period, not only is the new hire's productivity limited, but a great deal of your time and resources are being spent to help him/her hit the ground running as quickly as possible. This means that a bad hire is more than just an inconvenience: It's an expensive error and its cost really adds up.

Use the calculator below to get an estimate of how much a bad hire will cost your company and how it affects your bottom line.



  • Expected number of applications:  
  • Average number of candidates interviewed at least once:  
  • Average number of candidates interviewed at least twice:  
  • Average number of candidates interviewed at least three times:  
  • Average number of interviews before reaching hiring decision:  
  • Average length of interview (in minutes):  

All answers must be equal or bigger than zero.


  • Annual salary of new hire: $ 
  • Annual value of benefits: $ 
  • Percentage of salary paid by company for government fees:  
  • Months to full productivity/length of training:  
  • Probationary period (in months):  
  • Relocation allowance: $ 

All answers must be equal or bigger than zero.


  • Total (cost of all ads placed): $ 
  • OR
  • Number of ads:  
  • Cost per ad: $ 

All answers must be equal or bigger than zero.


    Recruitment agency/Headhunters
  • Percentage of new hire's annual salary:  
    Résumé reviewers/screeners
  • Time to screen one résumé (in minutes):  
  • Average annual salary of reviewers/screeners: $ 
    Interviewers
  • Number of interviewers:  
  • Average annual salary of interviewers: $ 
    Background check
  • Background check cost per candidate: $ 
  • Number of background checks (total for all candidates):  
  • Time to perform & review one background check (in minutes):  
    Assessments
  • Skill testing cost (cost per candidate): $ 
  • Personality & job fit testing (cost per candidate): $ 
  • Number of candidates assessed:  
    Reference checks
  • Number of reference checks (total for all candidates):  
  • Time to perform one reference check (in minutes):  
    Training and onboarding cost
  • Cost of external training/classes (cost per candidate): $ 
  • Cost of internal/on-the-job training (cost per candidate) $ 
  • PLUS
  • Number of training days:  
  • Number of trainers:  
  • Annual salary of trainers: $ 

TOTAL: $

All answers must be equal or bigger than zero.
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