Recruitment should be informed by a clear understanding of the full costs of current employees in relation to each new hire. Use this worksheet to determine total compensation for your staff based on:

  • Compensation (salary, benefits, overtime, etc.)
  • Infrastructure costs, including additional hardware, software, administration, etc.

An understanding of the true cost of hiring a new employee is necessary for evaluating the ROI of a new hire.

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Search Code: 48679
Published: October 26, 2011
Last Revised: October 26, 2011

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