Calculate your ROI

Calculator guidance 

1. 'Cost to hire' is the 'Average cost to hire' multiplied by the number of people hired in a year minus 'Number of employees' x 'Current employee turnover rate' 
2. 'Cost to hire saving' is the difference in cost to hire between turnover at the 'Current employee turnover rate' and the 'Target employee turnover rate' 
3. 'Cost to Productivity' therefore is based on 13 weeks 'Average salary' input + 25% x number of people hired in a year ('Number of employees' x 'Current turnover rate')
4. The 'Productivity saving' is calculated on the difference in 'Cost to productivity' based on the difference in number of people recruited between the 'Current turnover rate' and the 'Target employee turnover rate' 
5. The cost to hire savings from days spent is calculated on the difference in cost to hiring based on the difference in number of people recruited between the 'Current employee turnover rate' and the 'Target employee turnover rate'
6. The overall savings figure is then the total of the three savings: 'Cost to hire', 'Productivity' and 'Cost to hire saving from days spent'