Hiring Cost Calculator
Calculate the real cost of how much you spend on hires each year in under 5 minutes
Why Calculating the Cost of a Hire Matters
Hiring isn’t cheap. Between the cost of recruitment, lost productivity during the vacancy, and time spent onboarding, the real number is often much higher than expected.
On average, a single bad hire costs over £18,000. That includes salary, lost productivity, recruitment time, and onboarding.
This hiring cost calculator helps you:
See the total cost to hire each employee
Understand what drives that number
Make better decisions for your team and budget
Understand the real cost of turnover in your business
- Make a stronger case for hiring improvements
How the Hiring Cost Calculator Works
You’ll answer a few simple questions about the role. Based on your inputs, we calculate the full cost of hiring someone new. Not not just salary, but everything it takes to get them up and running.
We include:
Salary and benefits
Time the role stays unfilled
Productivity lost during ramp-up
Recruitment and internal hiring time
Training and onboarding effort
You’ll walk away with a clear estimate of your cost per hire, tailored to your business.
Try The Hiring Cost Calculator
Get your hiring costs in under 5 minutes.
Enter a few key numbers and we will show you where your biggest risks and savings are.
Hiring Cost Calculator
Cost per Hire: £0
Total Annual Hiring Cost: £0
Estimated Savings with The Predictive Index: £0
Visual Cost Breakdown By Hire
This chart breaks down where the cost of each hire goes. Each label displays the cost by stage, helping you see what’s driving spend so you can act with clarity. Hover over each slice to see a full breakdown.
What’s Next
Ready to make your next hire the right one? We will walk you through how clients reduce mis-hires by 42% using The Predictive Index.
Hiring Cost Breakdown
Ever wonder where the money goes when you hire someone?
Let’s take a mid-level role with a salary of £50,000. Based on what we typically see, the cost to hire might look like this:
Vacant role impact: £5,800
Ramp-up period (reduced productivity): £5,750
Training and manager time: £1,500
Recruitment fee (20%): £10,000
Internal hiring costs (ads, interviews, admin): £2,000
Total cost to hire: £25,050
And that’s for just one person.
The calculator gives you a real-world estimate based on your own data, not just averages. That way, you can make informed decisions about hiring, planning, and where to focus your time and budget.
What’s Better: Hiring or Keeping the Right People?
If each new hire costs £20,000 to £30,000, how much are you spending just to stay in the same place?
Hiring is expensive. But mis-hiring is worse. It leads to repeat costs, wasted time, and teams that never quite click.
We help growing businesses cut these costs by making better hiring decisions from the start.
That means:
Fewer mis-hires
Smoother onboarding
Teams that work better, faster
We use data-backed tools like The Predictive Index to help you understand what each role needs and which candidate is most likely to succeed.
Take the Next Step
If you’re hiring now or planning ahead, we can help you use data to make decisions you can stand behind.
The Predictive Index™ gives you the structure, insight, and confidence to hire faster and reduce the risk of a mis-hire.
Book a call to see how the tools work and decide if it’s the right fit for your business.
