<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1231923766821257&amp;ev=PageView&amp;noscript=1">

Click on the fields to input your current costs or use the averages collected by research from Bersin by Deloitte and the Saratoga Institute.

Estimated Checkster ROI

See how automating the reference checking process with Checkster can save your organization a significant amount of time and money!

The figures below represent an estimated annual ROI based on hires and the current cost values that you entered into Checkster's online calculator.

Yearly cost to perform reference checks:
*Number of reference checks multiplied by the hourly cost per recruiter.


Minimum savings of eliminating the manual process:

Hours saved for your recruitment team:

Number of bad & fraudulent hires avoided with Checkster:

Cost of replacing bad & fraudulent hires:
*Cost per hire (entered in the cost calculator) multiplied by the average number of bad & fraudulent hires detected by Checkster. Note that Bersin by Deloitte calculates the cost per hire at $3,500.



Number of passive candidates generated via Checkster:
*A passive candidate is a reference who opts-in to hear more about job opportunities.


Value of passive candidates collected and added:
*Number of average passive candidates collected via Checkster multiplied by the cost per passive candidate.


Savings with Checkster's Reference Checkup:

Overall Business Impact of Bad Hires

Business cost of bad hires:
*Number of poor quality candidates multiplied by the average cost of a bad hire entered in the cost calculator. Note that the Saratoga Institute calculates the business impact of a bad hire at 150% of the annual salary ($60,000). Average annual salary calculated at $40,000.


Business cost of fraudulent hires:
*Number of fraudulent candidates multiplied by the average cost of a bad hire entered in the cost calculator.

Checkster's Total Business Impact:

Interested in learning more about how Checkster has transformed the reference checking process to improve quality of hire? Schedule a demo

Share this PDF with your team to show them the time savings and hiring cost reduction associated with automated reference checks.

DOWNLOAD PDF

footer-logo

As the leader in web-based talent decision tools, Checkster enables organizations to make better talent decisions. 

Copyright © Checkster   |   Terms of Use   |   Privacy Policy |   Cookie Policy