The tryout was a very informative overview of the company, products and position. I think it was well produced and should be helpful to future candidates.
False Start Waste and Rework ROI Calculator.
Our interactive staffing waste ROI calculator above can be used to estimate the economic impact of false starts and rework from a job with high turnover. There are four variables to consider, that when combined, calculate the dollars lost to staffing waste:
- Wage rate
- Separations in < 90 days
- Cost-per-hire
- Training and on-boarding costs
Follow these two steps to use the False Start Waste and Rework ROI Calculator
Step 1
Consider the job in your organization with the highest false start rate and use either your real numbers or make an estimate for each of the four variables just described. Click and drag the dot in each of the four scales to the value that is appropriate for the job you have in mind.
Step 2
Click and drag the dot on the scale labeled False Start Reduction Goal to calculate the potential savings form increasing retention. And after you consider the possibilities, call us at (216) 292-0202 to discuss how Virtual Job Tryout can improve your pre-employment assessment process.
Would you like to have a ROI Calculator custom-tailored for your business or assessment process? Contact Shaker Consulting Group today to discuss how we can help.
Also, learn more about Virtual Job Tryout®, the pre-employment assessment that gives candidates the opportunity decide if they're right for the job. And gives recruiters and HR professionals like you the decision confidence to reduce false starts with better quality hires.
