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Simple Salary Multiplier Calculator
This calculation does not require any specific company information and instead estimates each employee's value as a multiplier of their salary. You may rely on a study conducted by Harvard that has indicated an individual's value is between one and three times their salary. Many analysts have found three times to be the most accurate estimate. You may utilize one or two times without argument, but if you go above 2x their salary, CERS suggests feedback from finance department to gain credibility as a substitution for the actual cost of vacancy.
For assistance or further explanation about cost of vacancy or to help with your calculations, simply call 561-910-8000 to speak with a Talent Delivery Expert today!
