The Hidden Tax: Calculating the True Cost of Your Broken Hiring Process
What's the line item for "wasted time" in your recruitment budget? Or the cost of a key project being delayed by three months because a role is sitting empty?
You won't find them. But these invisible expenses are a hidden tax on your business, quietly draining resources and stifling growth. Your current hiring process is likely far more expensive than you think. Once you see the true cost per hire, the value of an efficient hiring engine becomes undeniable.
Let's make the invisible visible.
1. The Haemorrhaging Cost of a Vacant Role
An empty seat isn't just an empty seat; it's a hole in your revenue engine.
- Lost Revenue: For a sales role, this is simple math. For an engineering role, it's a critical product feature that your competitor ships first.
- Team Burnout: Your best people are forced to pick up the slack, leading to burnout, lower quality work, and—worst of all—an increased risk that they'll leave too.
2. The Catastrophic Cost of a Bad Hire
Hiring the wrong person is exponentially more expensive than hiring no one. The U.S. Department of Labor estimates a bad hire costs at least 30% of their first-year salary.
- Direct Costs: Wasted salary, recruitment fees, training investment—all down the drain.
- Indirect Costs: Damaged team morale, disrupted projects, and a negative impact on your hard-won company culture.
3. The Insidious Cost of Wasted Time
This is the tax that truly cripples you. Consider the time spent by your most valuable (and expensive) employees on low-value hiring tasks.
- A Quick Calculation: Let's say you have 5 senior people involved in interviewing for a role. Their average fully-loaded hourly cost is £100. If they each spend just 4 hours interviewing candidates who were never a good fit, that's £2000 of wasted time (£100/hr x 5 people x 4 hours).
For one role.
How many roles are you hiring for this year?
Stop Paying the Hidden Tax. Invest in Hiring ROI
Talent Aisle isn't another line item in your expense sheet. It's an investment in reclaiming these lost costs and boosting your hiring ROI.
By delivering a handful of perfectly matched, pre-vetted candidates, we eliminate the noise. We give you back hundreds of hours of your team's most valuable time, dramatically reduce the risk of a costly bad hire, and help you fill roles faster.
We don't just find talent. We build a hiring process that generates value.
Ready to stop paying the hidden tax on your business? Book a call today and let's build a hiring process that drives growth.