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Pre-Employment Testing ROI Calculator
Insert your company-specific data below to see
how PsyMetrics can help your organization
reduce costs and increase revenue.
Turnover Savings
Annual Turnover Percentage Within Position(s)
%
Number of Employees Within Position(s)
#
Turnover Volume
#
Average Salary of Position(s)
$
Annual Salary Replacement Cost
$
Cost of Turnover*
$
Reduction in Turnover Using PsyMetrics Assessments (Can Range from 25%-80%) Default Set at 30%.
%
Reset Values
Cost Savings Using PsyMetrics Assessments*
$0
* Based on 33% Annual Salary Replacement
Cost - Work Institute Retention Report
Productivity Gains
Company Yearly Revenue
$
% Increase in Productivity From Using
PsyMetrics Tests Companywide*
%
Reset Values
Predicted Revenue Gains
$0
*Based on Validation Study Results
Onboarding Savings
Annual Hires
#
Recruiter/Manager Hours Invested in
Hiring Process Per Hire
#
Number of Recuiters/Managers
Involved in Hiring Process Per Hire
#
Total Hours Invested in Hiring Process Per Hire
#
Hours Per Year Spent Hiring
#
Avg Annual Salary of Recruiters/Managers
$
Avg. Hourly Salary for Recruiters/Managers
$
Cost of Time Spent Hiring
$
Hours Per Year Saved Using PsyMetrics Assessments*
#
Hours Saved Per Hire Using PsyMetrics Assessments
#
Reset Values
Annual Cost Savings in Hours Spent Hiring
$0
*Based on Screening 50% of Applicants with PsyMetrics Tests.
Total Cost Savings
$0
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