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Vacancy Cost Calculator

$24 Go to price and purchase

Measure what vacancies cost your business over a year. Enter your headcount, turnover, and time to fill. The Excel workbook calculates your annual vacancy cost, the average number of positions open at any time, and what you could save by filling roles faster or keeping employees longer.

FormatCalculator
Contents4 PDF guides, 1 Excel workbook
UseInstant download

Try the free browser version first. The workbook adds a Scenarios tab showing the savings from filling positions faster, lowering turnover, and how those savings compound.

$24

  • One-time purchase. Editable Excel workbook.
  • Your download link appears on the confirmation screen and in your receipt. No account needed.
  • Request a full refund within 30 days with one email.
  • Licensed for one company's internal HR use. Resale and redistribution are not permitted. Read the license.

Checkout takes place on our store at shop.truestephr.com. Any applicable sales tax appears at checkout before you pay. These files provide general HR information, not legal advice.

Need approval first?

Email this page

Ready to put your tool to work?

Add a one hour Setup Session, $149

Bring your purchased tool and the situation you are working through. A TrueStep HR practitioner will help you set the inputs, make the first decisions, and identify a practical next step.

See the Setup Session →

Where to start

What do open positions cost your business each year?

Compare the potential savings from faster hiring and lower turnover.

DecisionHire someone
IndustryCross-industry
Files4 PDF guides, 1 Excel workbook
ReviewRead our published standard for how we develop our tools, and what we cover for their scope and limits.

Fit

Is this the right fit for your work?

A good fit

  • You need to put a number on a hiring decision.
  • You want an Excel workbook you can run again as your figures change.
  • You will enter your own figures and want each tab explained.

When to consider another option

  • For a quick estimate, use the free browser version.
  • For legal or tax advice about your result, consult a qualified adviser.
  • For help running the analysis, explore our advisory services.

What is inside

Every file in the download, by name.

Taken from the kit’s own Start Here guide, so what you see here is what you open after checkout.

PDF · readStart Here: a guide to every file and the order to use them.
PDF · printQuick Reference: the whole workbook on one page, including what each tab does, what to enter, and how to read the result.
PDF · readTrueStep HR Product License: what you may and may not do with your purchased files.
PDF · readUsing This Workbook in Google Sheets: how to upload the file and what to check afterward.
Excel · useVacancy Cost Calculator: 6 tabs: Start Here, Vacancy Cost, Scenarios, Benchmark, Summary, and Notes.

How to use it

What this workbook does

The workbook uses your headcount, turnover rate, and average time to fill to estimate what open positions cost in productivity and payroll over a year. It shows your annual vacancy cost, the average number of open positions at any time, the cost of one vacancy across a full time to fill, and the monthly run rate. The Scenarios tab calculates the savings from filling positions faster, lowering turnover, and how the two improvements compound.

Your first 15 minutesOpen the Vacancy Cost Calculator workbook in Microsoft Excel or a free equivalent such as LibreOffice. Start Here walks you through every tab. In Vacancy Cost, enter your headcount, annual turnover rate, and average time to fill. Then set the salary and benefits load for the roles that turn over. Enter your numbers in the amber cells. The white cells calculate the results.
Vacancy Cost Calculator Start Here guide showing every file in the download and the order to use them.

Before you buy

Questions about your purchase

Find details about file formats, delivery, licensing, and refunds.

What exactly do I receive?

You receive 4 PDF guides and 1 Excel workbook, all named in the What is inside section above. This is a one time purchase, delivered as a download, not a subscription.

Are these the real screenshots?

Yes. The first image shows the file set, and the second and third show actual pages from the current download.

Can I use the files in my business?

Yes. You can fill in the Excel workbook for your own internal operations and read or print the PDF guides.

What if I need help applying it?

For help implementing this tool, book a one hour Setup Session for $149. For broader HR support, advisory begins with a short request and a written scope at truestephr.com/pages/advisory. For legal questions, consult qualified counsel.

How do I get the files?

Right after payment, your download link appears on the confirmation screen and again in your email receipt. All files arrive as one ZIP. No account is needed.

What do I need to open them?

You can use Excel, LibreOffice on a computer, or Google Sheets in a browser. LibreOffice and Google Sheets are free alternatives. Any PDF reader opens the guides. See download help.

What if it is not right for us?

Email support@truestephr.com within 30 days for a full refund. No form or explanation is required. The full terms are in the refund policy.

Is this legal advice?

No. It is general HR information and a working method. It is not written to any one state unless the page says so. Where a decision turns on the law, use qualified counsel. See what we cover, and what we do not.

Who may use the files?

One license covers the internal HR work of one legal entity. You may edit the files, brand them, and issue them to your employees. Consultants and groups with several entities need the extended license. See the license.

Extend the system

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