Wrong Fit Cost Calculator

At some point, every business experiences moments where they realize they’ve hired the wrong employee(s). How does hiring the wrong employee(s) hurt your bottom line? 


Take a few seconds to calculate what it costs for ONE “wrong fit” employee using our cost calculator below.
Once you have put in all your costs, simply click anywhere on the bottom of the page to reset the total.  

Hiring and Acquisition Costs

Cost of writing/producing/placing ads for job positions (graphic designers, copy writers, placing ads)

$

Cost of running ads (newspapers/job boards/social media platforms)

$

Cost of writing job description

$

Cost of internal company recruiters

$

Cost of third-party recruiters

$

Cost of career fairs

$

Cost to use outside interviewing/reference checking services

$

Cost of testing/evaluation services (hiring tests, drug tests, background checks, medical exams etc.)

$

Cost of time to use above services (your time plus time of other managers/recruiters involved)

$

Cost of time to read resumes from job applicants (your time plus time of other managers/recruiters involved)

$

Cost of time to telephone screen job applicants (your time plus time of other managers/recruiters involved)

$

Cost of travel (flights, hotels, meals, cars, Uber etc; to meet job applicants)

$

Cost to communicate (phone/cell, mail, postage, courier, admin time for emails, letters etc.)

$

Cost of time to interview applicants (your time plus time of other managers/recruiters involved)

$

Cost of time to reference check applicants (your time plus time of other managers/recruiters involved)

$

Cost of support/administration to bring on new employee (orientation materials, set up on payroll and benefit plans)

$

Cost of moving expenses

$

Managing and Training Costs

Salary (employee)

$

Unrecoverable draw

$

Company benefits

$

Automotive expense

$

Travel expense

$

Entertainment expense

$

Equipment expense (laptop computer, tablet, e-fax, phones, etc.)

$

Office rental expense

$

Miscellaneous office/employee expense (desk, chair, uniforms, branded shirts, office materials etc.)

$

Communication expense (cell phone, long distance, couriers etc.)

$

Cost of support materials (brochures, giveaways etc.)

$

Costs of samples materials (sample books, demo equipment etc.)

$

Costs of admin/support/service personnel

$

Cost of HR personnel time (payroll, benefits, orientation)

$

Cost of formal training programs (cost of third-party trainer time)

$

Cost of informal training materials

$

Cost of internal company trainer time

$

Cost of sales leads (advertising, promotion, lead generation personnel)

$

Cost of management time (train, manage, motivate; plus time of other managers/employees)

$

Termination Costs/Lost Opportunities

Cost of management time to terminate employee (your time plus time of other managers/employees involved)

$

Cost of administration time to terminate employee (payroll, HR, benefits administration etc.)

$

Severance pay

$

Performance differential/Cost of lost sales (employees results for employment period)

$

Vacancy costs (gross margin on sales lost while position is unfilled)

$

Other costs (costs we may have missed unique to your business)

$

A wrong fit employee costs your company:

$0.00