Cost of a bad hire
cost_of_a_bad_hireEstimate the total cost of one bad hire: the salary paid for lost productivity plus recruiting, onboarding, manager time, severance and the cost of hiring a replacement. Use it for a single failed hire with a known salary and tenure. Use employee_turnover_cost instead for the company-wide cost of turnover across many employees, and severance_pay for the pay owed to a departing employee. Every cost line is optional and defaults to the TeamPredict calculator's default; set a line to 0 to leave it out.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| months_employed | Yes | Months the hire stayed before leaving or being let go, 0 to 120. | |
| rehire_cost_usd | No | Cost of finding and hiring the replacement, in US dollars. Default 8000. | |
| annual_salary_usd | Yes | Annual salary of the role, in US dollars. | |
| onboarding_cost_usd | No | Onboarding and training cost, in US dollars. Default 3000. | |
| recruiting_cost_usd | No | Recruiting and agency cost, in US dollars. Default 5000. | |
| manager_time_cost_usd | No | Value of manager and team time spent on the hire, in US dollars. Default 4000. | |
| lost_productivity_percent | No | Share of the salary paid during the tenure that bought no useful work, 0 to 100. Default 60. | |
| severance_and_exit_cost_usd | No | Severance and exit cost, in US dollars. Default 5000. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| inputs | Yes | The inputs as used, with defaults filled in. | |
| results | Yes | The computed numbers. Unavailable numbers are null. | |
| summary | Yes | One or two plain sentences with the headline numbers. | |
| calculator_url | Yes | The TeamPredict calculator page that shows the same calculation, where a person can change the inputs. |