MARGIN CALCULATOR
Your Guide to Understanding Recruitment Fees
Unlock Transparency in Recruitment Costs
At GrowMore Recruitment, we believe in complete transparency and clarity when it comes to the financial aspects of your recruitment process. That’s why we’ve developed this user-friendly Margin Calculator. It’s not just a tool, it’s your financial compass in the recruitment landscape.
Our Margin Calculator is an embodiment of our core values—transparency, innovation, and client-centricity. We offer this tool as a testament to our belief that an informed client is an empowered client, and empowerment leads to more successful, long-term partnerships.
How Does It Work?
Input Your Variables: Simply enter the candidate’s salary and the agreed margin percentage.
Hit Calculate: Our algorithm does the heavy lifting, breaking down your total cost into digestible figures.
Get Instant Results: See your recruitment margin and the total bill rate.
Why Use Our Margin Calculator?
Transparency: Know exactly what you’re paying for, down to the last cent.
Efficiency: Save time and effort in manual calculations.
Optimisation: Make informed decisions to optimise your recruitment budget.
Key Metrics You’ll Get
Recruitment Margin: The percentage that represents our service fee.
Total Client Bill Rate: The all-inclusive rate you’ll be billed, covering the candidate’s salary and our service fee.
Frequently Asked Questions
Absolutely! It’s our way of making your life a little easier.
Yes, feel free to calculate margins for as many roles as you’d like, in both the permanent and contacting segments.
The Recruitment Margin is the percentage that represents our service fee in relation to the total bill rate.
This is the all-inclusive rate you’ll be billed, which covers both the candidate’s salary and our service fee.
Net Profit is calculated by subtracting the total costs (including recruitment fees and candidate salary) from the revenue generated by the new hire.
The calculator breaks down the costs into easy-to-understand metrics. However, if you have specific questions, our recruitment consultants are just a click away.
Currently, our calculator is designed for individual role calculations. For bulk calculations, please reach out to our team for specialised assistance.
The calculator is designed for general estimations. For a more tailored financial breakdown, please consult with our Recruitment Consultant.
Absolutely! It’s our way of making your life a little easier.
Yes, feel free to calculate margins for as many roles as you’d like, in both the permanent and contacting segments.
The Recruitment Margin is the percentage that represents our service fee in relation to the total bill rate.
This is the all-inclusive rate you’ll be billed, which covers both the candidate’s salary and our service fee.
Net Profit is calculated by subtracting the total costs (including recruitment fees and candidate salary) from the revenue generated by the new hire.
The calculator breaks down the costs into easy-to-understand metrics. However, if you have specific questions, our recruitment consultants are just a click away.
Currently, our calculator is designed for individual role calculations. For bulk calculations, please reach out to our team for specialised assistance.
The calculator is designed for general estimations. For a more tailored financial breakdown, please consult with our Recruitment Consultant.
Ready to Calculate?
Start using the Margin Calculator now! For more personalised guidance, don’t hesitate to contact us. At GrowMore Recruitment, we’re not just about filling roles, we’re about filling them wisely.
