Show how changes in time-to-fill translate into real dollars for your business.
Use this to model the financial returns of investing in recruiting. Enter your hiring and time-to-fill data to estimate cost savings when roles are filled faster.
This calculator gives you a directional estimate of your cost of vacancy. A complete picture also factors in turnover costs, overtime, temp labor, and missed revenue, variables that look different for every organization. Schedule a call today to let us help you work through the full analysis.
Average number of days your roles stay open before they are filled.
The number of employees you hire each year for the roles you want to analyze.
Financial impact of reducing time-to-fill
This estimate shows the potential cost savings associated with reducing time-to-fill across the roles in scope. Because this method uses revenue per employee as a proxy for employee value, the results should be viewed as directional rather than precise.
Current cost of vacancy per role—
Interpretation note: This is an estimate of savings tied to faster hiring , not a guaranteed P&L outcome.
Scenarios shown: 10%, 20%, and 30% faster
Method: Revenue divided by headcount
Scenario
New average TTF
Days saved per hire
Savings per hire
Annual savings
10% faster
—
—
—
—
20% faster
—
—
—
—
30% faster
—
—
—
—
Step 2 – Enter your data
$
Average base hourly pay for the roles you are analyzing.
Employer-paid benefits and payroll taxes as a percentage of base pay.
The gross margin percentage your company targets (for example, enter 25 for 25%).
Average number of days your roles stay open before they are filled.
The number of employees you hire each year for the roles you want to analyze.
Financial impact of reducing time-to-fill
This estimate shows cost savings that can be captured by reducing time-to-fill across the roles in scope, using labor cost and target margin assumptions to create a more grounded business case.
Current cost of vacancy per role—
Interpretation note: This is an estimate of savings tied to faster hiring , not a guaranteed P&L outcome.
