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Adding Up the Cost of Hiring an Employee in 2020 – A Quick Calculator

Seeing this list may be intimidating, but if you are doing all the right things throughout the hiring process, you can rest assured you only need to go through this process one time.

Rehiring and turnover can multiply these charges to your success plan.


Annual salary of new hire $_________

Average number of days it takes to fill position $_________

Salary of hiring manager $_________

Average numbers of hours it takes hiring manager to screen resumes $_________

Average number of hours to conduct interview $_________

Cost of advertisements $_________

Cost of lost productivity $_________

(impact on lost sales, missed projects etc.) $_________

Number of days the manager trains the new hire $_________

Cost of drug screening and background checks $_________

Total? $_________

If you want to chat to one of our team members about our background check policy options, please don’t hesitate to give us a call or reach out via our contact form!