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Employee Onboarding Cost Calculator

Onboarding cost per employee
$
Total onboarding costs
$
Total onboarding time
hours/year
Our onboarding cost calculator takes into account several key factors: the number of new employees, HR hours spent on onboarding, the hourly wage of your HR team, and more onboarding-related costs to offer a clear picture of your current onboarding expenses.
How does this calculator work?

The full picture of onboarding cost

More than just paperwork

Onboarding involves more than a few training sessions. It requires investment in time, tools, and resources to ensure your new hire is set up for success—and those costs can quickly add up.

The lag before the leap

No one’s fully productive on day one. It takes time for new employees to find their rhythm, and during this period, overall team output may slow, impacting your business operations.

How onboarding impacts everyone

While onboarding affects the newcomer, your current staff also shoulders the load, taking time away from their usual work to guide and train, which can result in temporary dips in productivity.

5 ways to save time and money with onboarding software

1
An onboarding tool keeps everything automated and tracked, reducing delays and the constant back-and-forth between HR and new hires.
2
With automated workflows, HR can handle multiple employees at once, cutting the hours spent on each new hire.
3
The tool ensures that all tasks are completed correctly and on time, avoiding costly errors caused by missed steps.
4
Centralized training replaces in-person sessions, cutting costs on supplies and trainers while ensuring the same experience for in-person and remote employees.
5
Consistent onboarding content helps employees get up to speed faster, making them productive in less time.

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