Cost-of-vacancy calculator

Annual salary for the role (USD)

Annual value the role produces (USD) (optional)

Revenue or value you would put on the work. Leave it empty to use the salary instead.

Working days the role has been, or will be, open

The working

1. Daily value = annual value ÷ 260 working days (52 weeks × 5 days). If you leave the value empty, the annual salary stands in for it: a conservative figure, since most roles are expected to produce at least what they cost.
2. Cost of the vacancy = daily value × days open.

An estimate to frame a conversation, not an accounting figure. It leaves out recruiting costs, overtime others work to cover the gap, and the time a new hire takes to get up to speed.