Understanding Your Cost Savings:Business Case Generator

Calculate Your Sourcing Savings

Sourcing constitutes one of the biggest spend buckets for most talent acquisition functions. Switching to modern Talent Acquisition technology can result in optimized spend allocation and generate better sourcing results across quantity and quality of candidates.

Please avoid use of symbols or letters in number inputs. All costs are calculated in USD.

Toggle to determine your potential improvements Assumptions, based on customer results with SmartRecruiters
Sourcing items
Annual Costs
Expected Improvement
Job Advertising i. e. job ad publication cost across job boards, programmatic advertising.
Agency Retainer Outsourced recruiting beyond executive headhunting
Direct Sourcing i. e. CV database subscriptions, LinkedIn Recruiters seats, etc. Please do not include sourcer salaries.

Calculate Your People Savings

Talent acquisition is a cross-departmental function, and as such requires not just recruiter and sourcer time, but also includes hiring managers from all parts of the business. In this section you may calculate the cost savings you can realize by optimizing the amount of time all parties spend on recruiting.

Calculations are based on an annual recruiter salary of
Toggle to determine your potential improvements Assumptions, based on customer results with SmartRecruiters
People items
Calculations
Expected Improvement
Resume Screening
Team Productivity
Interview Scheduling Time
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Cost Avoidance

In addition to savings based on technology, sourcing, and people costs, SmartRecruiters customers are also able to avoid significant future costs. Please fill out the form below to include cost avoidance in your custom business case.

Internal Mobility Module
Flexibility Flexible technology means easy process improvements, support reorgs, new websites launches and landing pages, etc. without incurring extra costs.
Compliance Global compliance features ensure you meet local regulatory / data privacy requirements and avoid fines.

Other Business Benefits

By switching to modern TA technology, Talent Acquisition leaders can achieve Hiring Success. SmartRecruiters customers have seen significant improvements across all of the metrics shown below.

Budget Dial Hiring Budget

Measures the sum total of recruiting costs, as percentage of the total salary of new hire payroll.

velocity dial Hiring Velocity

Measures the percentage of jobs filled on time.

NHS dial Net Hiring Score

Measures the fit between new hires and jobs.

Learn more about Hiring Success metrics in The Definitive Guide to Hiring Success.