Cutting Edge Recruiting Solutions Simple Salary Multiplier Calculator

Simple Salary Multiplier Calculator
This calculation does not require any specific company information and instead estimates each employee's value as a multiplier of their salary. You may rely on a study conducted by Harvard that has indicated an individual's value is between one and three times their salary. Many analysts have found three times to be the most accurate estimate. You may utilize one or two times without argument, but if you go above 2x their salary, CERS suggests feedback from finance department to gain credibility as a substitution for the actual cost of vacancy.

Annual Salary
Productivity Multiplier, Typically between 1 and 3
Working days per year (260 minus PTO and Vacations)
Average Days to fill Position (average is 60-days)
TOTAL COST OF VACANCY
Cutting your average days to fill a position in half saves you...