Vacancy Cost Calculator
Calculates revenue and productivity losses from unfilled positions
Total annual company revenue
Total number of employees in the company
Average number of business days a role stays unfilled
Estimated output loss while the position is vacant
Enter revenue and employee count to calculate
Revenue per employee per day adjusted for productivity loss
Enter all fields to see the total cost of the vacancy
Frequently Asked Questions
What is the cost of a vacant position?
The cost of a vacancy includes lost revenue from reduced output, overtime costs for remaining staff covering the work, potential lost customers, and decreased team morale. Studies estimate the daily cost at 1-3x the position's daily salary equivalent.
How long does the average position stay vacant?
The average time-to-fill across industries is about 42 days, but this varies significantly. Tech roles average 50-60 days, healthcare 49 days, and entry-level positions 20-30 days. Senior and specialized roles can take 90+ days.
How can I reduce vacancy costs?
Build a talent pipeline before positions open, maintain relationships with passive candidates, use employee referral programs, streamline your interview process, and consider interim or contract workers to bridge gaps while hiring for permanent roles.
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