Estimated Costs Of Hiring
By A Client On Their Own
If your annual salary is $300,000. Your Hourly Rate: $144.23
- Ad Cost 1X | Internet: $75.00 | Newspaper: $750.00
- Ad copywriting and placement: 1 hour
- Resume review: 100 responses@ 5 minutes/resume= 8.3 hours
- Assemble candidate list: 1.5 hours
- Phone prescreening: 8 calls @20 minutes each = 2.7 hours
- Time to organize: 6 interviews@ 1 hour each= 6 hours
- Reference and employment history check: 2 hours
Main Costs= $4,070.19
Misc. costs:
- Recruiting activities often mention your company name, phone number, and web address, you should assume some direct contact by applicants.
- 25 phone calls to the main telephone number: 1 hour
- Preparation of interview questions: 1 hour
- Time to schedule interviews: 1 hour
- Second round interviews: 3 candidates at 1 hour each = 3 hours
- Miscellaneous time expenditure: 1 hour
- Calls and emails to interviewed candidates: 6 calls@ 15minutes each =1.5 hours
- Cost of standard background check: $125.00
Misc Costs= $1,350.96