Blocks

By the numbers

The Value of a Strong Employer Brand

One of the biggest obstacles to embarking on an EVP or Employer Brand initiative is being able to show the ROI, or justify the spend in support of long-term goals when the money can be used to more immediate-impact type of projects.

But we’ve all heard the statistics; a strong employer brand reduces cost and time per hire, while increasing positive candidate experience and retention.

So what would it look like if we applied those numbers to create a formula to show just how critical this is?

Let's find out:

your data:

If you do not know your cost-per-hire, leave it blank and we will provide your results using the national average.

* Any and all information submitted on this page will remain confidential and be used solely for the purpose of calculating your potential savings and communicating them back to you.

Sample data:

Company Size
1,000
Turnover
18%
Avg. Salary
$45,000
Cost Per Hire
$4,129
Growth Target
5%
Cost of Turnover
$2.7M
Cost of Hiring (replacement + growth)
$949,670
Total Cost
$3,649,670
Cost with strong brand
$2,314,784
POTENTIAL ANNUAL SAVINGS
$1,334,885
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