Hiring Cost Calculator
Calculate the real cost of how much you spend on hires each year in under 5 minutes
How much is recruitment costing you?
Every hire affects more than payroll. While a vacancy stays open, projects slow, workloads build, and productivity drops.
Add the time leaders spend interviewing, onboarding, and training, and the real cost quickly multiplies.
On average, a wrong hire costs over £18,000 once salary, downtime, and lost output are included. That’s before you factor in the cost of doing it all again.
This calculator shows what hiring really costs your business each year.
It helps you see where the money goes, where the risk sits, and how better decisions can protect your time, budget, and results.
How our hiring cost calculator works
You answer a few short questions about the role and your hiring process. The calculator uses your inputs to estimate the full cost of hiring, not just the salary.
It factors in the salary and benefits, the time the role stays open, the productivity lost while someone new gets up to speed, the recruitment fees and internal time, and the training and management effort involved.
In less than five minutes, you’ll see the total cost of each hire and the impact across your business. The results highlight where your biggest risks and savings sit, giving you a clear view of what’s driving your spend.
Try our 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 the results mean
Your results show the total cost of each hire and where most of your budget goes. They highlight the stages that slow progress, absorb time, or create risk when a hire doesn’t work out.
For many businesses, the biggest savings come from avoiding repeat costs and protecting performance. Each mis-hire avoided prevents lost time, disrupted teams, and another full recruitment cycle.
That’s where we help. Using The Predictive Index® alongside our Recruitment Optimisation Framework, we support leaders to make accurate hiring decisions that reduce costs and improve long-term retention.
Retention vs. replacement
Every new hire represents a major investment of time, money, and effort. When that person leaves early, you pay the full cost again before seeing any return.
Most companies underestimate how much they spend just to stay at the same headcount. If each new hire costs between £20,000 and £30,000, replacing even a small number of people each year adds up quickly.
Reducing turnover starts with better hiring accuracy. When roles are well-defined and aligned to what success looks like, new hires perform faster, stay longer, and strengthen the team around them.
Part of a global network of 10,000+ businesses using The Predictive Index® to get hiring right
Working together
If you’re ready to reduce hiring costs and make decisions that last, we can help.
Book a short call and we’ll walk you through how leaders use The Predictive Index® and our Recruitment Optimisation Framework to make accurate, long-term hiring decisions.
You’ll see how small changes in process create measurable savings and stronger performance across every level of your business.
