Please enter your Talent Acquisition budget. This is the total and actual budget held by HR or Talent Acquisition for the recruitment of permanent employees.

  1. Please enter the average fully loaded salary of all of the hires you made over the last 12 month for experienced hires (exclude early career hires - Graduates, Apprentices). A fully loaded salary is calculated as an employees permanent salary plus an additional 20% to cover cover National Insurance and PAYE etc.
  2. Please enter in the total number of permanent experienced hire you made over the last 12 months.

The Talent Investment calculated is the total salary investment your business has made in new hires over the last 12 months. Whilst Talent Acquisition does not make the hiring decision it is help accountable for the success of these hires.

  1. Please enter in your Employee Cost to Revenue Ratio. This is the ratio your business will expect to generate of revenue to salary. On average it tends to be between 3 and 5. 3 for lower margin sectors (manufacturing, retail, airlines) and 5 or greater for high margin sectors (technology, professional services, consultancy).

The Talent Revenue calculated is the total revenue that the hires that Talent Acquisition made over the last 12 months are expected to deliver back to the business. For businesses with high attrition or growth this is a significant figure.

The Potential and Risk shown here evidence the increase or decrease an efficency of 1%, 5% and 10% across Talent Acquisition will have on the businesses revenue. This illustrates that a relatively small increase in Talent Acquisitions efficency can have a major impact on the businesses revenue.

This section summaries the impact your Talent Acquisition function has on the financial bottom line of the business. It is this lens that related financial investment and outputs that starts to help change the type of conversation Talent Acquisition has with the business.