Our ROI calculator uses the following methodology: (1) Time Savings: We estimate a 30% reduction in your current hiring time. For example, if your current hiring process takes 100 hours, we project a time saving of 30 hours. (2) New Hire Time: This is calculated by subtracting the time savings from your current hiring time. Using the above example, the new hire time would be 70 hours (100 - 30). (3) Productivity Savings: We calculate this based on the time saved in the hiring process and the productivity gained by having new hires start sooner. The formula uses the average salary, number of hires, and assumes one month of additional productivity per hire. (4) Business Days Conversion: We convert hours to business days assuming an 8-hour workday for display purposes.

The 30% time saving is based on industry averages and based on our executive experience working across various sectors and roles. This figure represents a conservative estimate of the efficiencies gained through our streamlined processes, extensive talent network, advanced matching and sourcing methodologies, industry expertise, continuous improvement, reduced administrative burden, candidate engagement and market insights. While the exact percentage can vary, 30% represents a conservative average based on these factors and our track record across various industries and roles. Many clients see even greater time savings, especially for hard-to-fill positions or high-volume hiring.

Yes, actual results can vary based on factors specific to your organization, industry, and the roles you're hiring for. The calculator provides an estimate to give you an idea of potential savings. We recommend a personalized consultation for more accurate projections.

The productivity savings calculation assumes that by reducing hiring time, new employees can start work sooner. We estimate one month of additional productivity per hire, valued at their monthly salary. This is then multiplied by the number of hires per year. The one-month productivity assumption in our ROI calculator doesn't mean that new hires are expected to be fully productive by the end of their first month. Instead, it's based on the concept of "time-to-productivity" or "ramp-up time" savings. Here's a more detailed explanation: 1. Ramp-up Time: - Most new hires take several months to reach full productivity in their roles. - The exact time varies by industry, role complexity, and the individual, but it's often 3-6 months or more. 2. The One-Month Assumption: - By reducing the hiring time, we're essentially allowing the new hire to start their job sooner. - The "one-month" in our calculation represents the additional month of productivity gained by having the employee start earlier, not their total productivity. 3. Gradual Productivity Increase: - We assume that during their first few months, an employee's productivity gradually increases. - The one-month productivity gain in our calculator is an average of this gradual increase. 4. Calculation Example: - Let's say without our service, it takes 3 months to hire someone, and then 6 months for them to ramp up to full productivity. - With our service, it might take 2 months to hire, and still 6 months to ramp up. - The new hire starts a month earlier, so they're one month further along in their productivity curve at any given point. 5. Conservative Estimate: - We use one month as a conservative estimate. In reality, starting earlier could have compounding benefits over time. - Some roles might see even greater productivity gains, especially if the position has been vacant for a while. 6. Additional Considerations: - This doesn't account for potential improvements in hire quality, which could further reduce ramp-up time. - It also doesn't factor in the productivity gains for the hiring team, who can focus on other tasks sooner. 7. Customization: - For a more accurate assessment, we can customize this calculation based on your specific roles and typical ramp-up times. In summary, the one-month productivity gain is not about new hires being fully productive after one month. Instead, it represents the average value of having an employee start their gradual productivity ramp-up one month earlier due to a faster hiring process.

The calculator focuses on time and immediate productivity savings. It doesn't account for other potential benefits such as improved quality of hires, reduced turnover, or long-term productivity gains, which could further increase your ROI.

We recommend using the calculator whenever there are significant changes in your hiring processes, volume, or average salaries. It's also a good idea to revisit the calculations annually as part of your HR strategy review.