Hiring ROI Calculator
Hiring the right people shouldn’t take longer than it has to—and the longer it takes, the more it costs. Avanti Recruiter streamlines your hiring process, automates repetitive tasks, and helps your team fill roles faster.
See how much you could save with smarter hiring
In just a few simple steps, this calculator shows how smarter hiring can reduce time to hire, lower cost per hire, boost recruiter productivity, and cut annual recruiting costs.Whether you’re hiring 10 people or 200, even small efficiency improvements can translate into big savings for your team and your organization.
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96
$1,972
$6,575
7.5
$3,575
$2,500
Calculate the number of extra days you get to do payroll and keep your money.
Number of days in advance of payday you submit payroll to your provider
Number of days in advance of payday you submit payroll funds to your provider
Number of pay periods in your calendar year
Calculate the interest your company could make holding your cash longer and how much outsourced providers earn holding your money.
Your average net payroll per pay period
Interest rate you make on your money
Your payroll provider’s interest rate earned on your funds
Calculate how much in extra charges you’re paying to your outsourced provider.
Percentage of pay runs with at least one correction
Percentage of off-cycle pay runs, terminations & ROEs
Off-cycle base charge per pay run
Per-employee off-cycle charge per run
Hours spent per off-cycle run (phone call, email, paperwork)
Average number of off-cycle re-runs
Custom report setup fee
Custom report run charge
Custom report runs/year
Average late submissions per year
Fee for late submissions
How it works
Assumptions
This calculator uses commonly cited recruiting benchmarks to estimate potential hiring improvements, including:
Average cost per hire: ~$4,700 based on Canadian recruiting research
Typical time to hire: ~30–45 days, depending on role and industry
ATS time-to-hire improvement: ~20% reduction through streamlined workflows and automation
Recruiting admin work reduction: ~30% fewer manual hours due to automation and centralized candidate management
Cost-per-hire improvement: ~15% reduction from increased recruiting efficiency
These benchmarks help model the potential impact of using an ATS like Avanti Recruiter.
Methodology
This calculator uses commonly cited recruiting benchmarks to estimate potential hiring improvements, including:
Average cost per hire: ~$4,700 based on Canadian recruiting research
Typical time to hire: ~30–45 days, depending on role and industry
ATS time-to-hire improvement: ~20% reduction through streamlined workflows and automation
Recruiting admin work reduction: ~30% fewer manual hours due to automation and centralized candidate management
Cost-per-hire improvement: ~15% reduction from increased recruiting efficiency
Results are presented with a confidence range to reflect natural variation in hiring processes across organizations.
Top recruiting resources
Quiz
Discover small changes that could make a big impact on your hiring process. Identify gaps, inefficiencies, and opportunities to improve hiring outcomes.
Calculator
Discover your recruiting ROI. Use our savings calculator to see how much time and money you can save per hire with Avanti Recruiter.
Guide
Choosing an ATS is a big decision. This guide breaks down what to look for so you can compare options and buy with confidence.
Smarter hiring starts here
Discover how Avanti Recruiter helps you automate repetitive tasks, streamline workflows, and make faster, better hiring decisions.
Frequently Asked Questions
Your time is precious, let’s save you a few clicks. Here are some of our most asked questions.
Essentially, in-house payroll is when an internal payroll team processes payroll for the entire organization. This means your organization’s payroll team would handle all steps of the process – from preparing and double-checking remittances to submitting them. In-house payroll processing provides control, peace of mind, and the flexibility teams need to make timely changes and better decisions.
The right payroll processing method for your organization depends entirely on your workforce needs, resources, and budget. What makes sense for one company might not make sense for another.
In-house payroll software gives your organization complete control over your entire payroll process. From last-minute cheques to running trial payrolls for accuracy. Outsourcing isn’t as flexible. If you need to make last-minute changes, it’s usually too late for the payroll run. From reporting to changing earning codes and more – an in-house self-service model puts you firmly in control.
One downside to outsourcing is that everything must be done on your vendor’s watch. Some providers require you to have your payroll ready 4-5 days in advance, followed by your payment two days in advance. This means you have less time to get your work done every cycle, which is convenient and profitable for your provider, but may not be the best option for you.
One of the biggest benefits of outsourcing is supposed to be the time you save letting someone else handle your payroll, along with saving on labour costs. But you may not save as much on time and labour as you think.
Larger enterprises (4000+ employees) are typically able to turn around mass payroll files to their outsourcer for processing. But if you’re a smaller or mid-size business (200-3000 employees), you likely still need software to enter some of your payroll data manually. And it doesn’t matter how an outsourcer processes a file, you or someone on your staff will still need to provide additional payroll data (timesheet data, PTO, salary information, etc). If you already have to collect and send that information, it doesn’t really take much more time or labour to handle your entire payroll process in-house.