ROI Calculator
Are you thinking about investing in an applicant tracking system? Maybe you're in the process of building a business case but not sure where to start?
We've developed our Tribepad ROI calculator to help you show the potential value of recruitment software, from saving admin time to reducing lost revenue through poor hires.
Just complete the fields below and hit 'Calculate my ROI' and we'll give you instant results that you can download in seconds!
Your Results
Based on your estimated hires over the next 12 months of ---, and your total annual recruitment costs of £---,---.
Your total estimated annual savings from using Tribepad would be £---,---.
Total estimated set-up cost: £---,---.Total estimated annual licence cost: £---,---.
First Year
Contract
Detailed annual savings breakdown*
Saving on…
Poor hires through better sourcing & selection:
Based on your expected attrition rate of new hires. An ATS can cut out 1 in 10 bad hires, and often much more. A poor hire can cost a business 30% of that employee’s total annual salary, and in many cases significantly higher depending on seniority.
Saving on…
Attrition through improved onboarding:
Based on your expected attrition rate of new hires. A well oiled onboarding process can drastically improve new hire retention. We have applied a conservative 10% saving, however some leading industry publications suggest it could be up to 82%.
Saving on…
Recruitment agency costs:
Based on your estimated agency costs. Use of an ATS can significantly reduce your reliance on agencies for talent sourcing and administration. We have applied a 30% saving on your current costs, though one Tribepad customer recently reported a 40% saving.
Saving on…
Existing sourcing, third party softwares & media:
Based on your estimated current costs. Using integrations and built in features of an ATS, you could reduce your reliance on additional tools. We have applied a 30% saving, but this could significantly increase if you are replacing an existing ATS.
Saving on…
In-house admin time & resource:
Based on your current in-house recruitment costs. An ATS will almost certainly reduce administration time. We’ve used an estimate of 40%, though many customers report dramatic time savings, some seeing up to 70% efficiencies with Tribepad.
First Year
Contract
Saving on…
Poor hires through better sourcing & selection:
Based on your expected attrition rate of new hires. An ATS can cut out 1 in 10 bad hires, and often much more. A poor hire can cost a business 30% of that employee’s total annual salary, and in many cases significantly higher depending on seniority.
Saving on…
Attrition through improved onboarding:
Based on your expected attrition rate of new hires. A well oiled onboarding process can drastically improve new hire retention. We have applied a conservative 10% saving, however some leading industry publications suggest it could be up to 82%.
Saving on…
Recruitment agency costs:
Based on your estimated agency costs. Use of an ATS can significantly reduce your reliance on agencies for talent sourcing and administration. We have applied a 30% saving on your current costs, though one Tribepad customer recently reported a 40% saving.
Saving on…
Existing sourcing, third party softwares & media:
Based on your estimated current costs. Using integrations and built in features of an ATS, you could reduce your reliance on additional tools. We have applied a 30% saving, but this could significantly increase if you are replacing an existing ATS.
Saving on…
In-house admin time & resource:
Based on your current in-house recruitment costs. An ATS will almost certainly reduce administration time. We’ve used an estimate of 40%, though many customers report dramatic time savings, some seeing up to 70% efficiencies with Tribepad.