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)