Job Fit ROI Calculator

Research-Based Job Fit ROI Calculator

Estimate the financial impact of job fit hiring compared to standard screening

Your Company Details

1 10 100
$30k $75k $150k
$10k $30k $100k

Metrics

Cost Per Hire
Time to Fill Position
First-Year Turnover Rate
Employee Productivity
Training Time
Total Hiring Cost
Turnover Cost
Productivity Value
Net ROI

Standard Screening

$4,700
42 Days
28%
100% (baseline)
90 Days
$47,000
$84,000
$750,000
$619,000

Job Fit Screening

$5,300
38 Days
19%
121%
72 Days
$53,000
$57,000
$907,500
$797,500

Your estimated ROI with Job Fit Assessment is $132,500

$619,000
Standard screening estimated return
Based on 10 hires at $75,000 avg salary
$797,500
Job fit assessment estimated return
You would see a 29% increase in ROI

What else?

  • Reduced hiring time by 4 days per position
  • Decreased turnover cost by $27,000
  • Increased productivity value by $157,500
  • Reduced training time by 18 days per employee

ROI Comparison

Standard
$619,000
Job Fit
$797,500

Research Sources

  • Cost per hire: SHRM Human Capital Benchmarking Report (2022)
  • Turnover rates: Bureau of Labor Statistics, Job Openings and Labor Turnover Survey
  • Productivity improvement: Schmidt & Hunter (1998) meta-analysis on hiring methods
  • Training time: Training Industry Report and ATD State of the Industry
  • Replacement costs: Work Institute's Retention Report (cost = 30-40% of salary)