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Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

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October 05, 2000
Need to ID Costs of Employee Absence?

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
Unplanned employee absences such as short-term disability, workers' compensation, sick days, and FMLA do have a significant cost associated with them.

Now there's an Internet-based "Lost Productivity Calculator" that employers can use to calculate the specific cost of that lost productivity. The Calculator can also help organizations evaluate how to manage their disability programs; either STD or LTD, as well as workers compensation, and FMLA.

The Calculator can be found at To use it you enter company-specific information with a defined list of variables such as holiday and vacation time.

The calculator will provide you with a lost productivity estimate — the dollar value of the employer's lost time from absences.

Reporting options include:

* Lost productivity and unplanned absences as a percentage of total annual payroll

* Lost productivity due to unplanned absences

* How much you could save if you could reduce absences by a certain %.


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