Every hour wasted is money. Here is how to work it out.
An empty seat is not free.The work still needs doing, or it does not get done.
A simple rule of thumb
Divide the salary by 220 working days.That is a rough daily cost of the work not being done.For an £85,000 role, it is about £386 a day.A 30-day delay is about £11,600.
Where delay comes from
Long shortlists that take weeks to review.Great candidates filtered out, so the search starts again.Offers rejected because the salary was below market.
Our cost calculator lets you test your own numbers.