How to Use the True Cost Calculator - Single
Follow these steps to compare the costs of hiring a single RN through internal recruitment or
a staffing agency:
- Enter your internal recruitment costs:
- Recruiter salaries and benefits
- Estimated overhead costs like advertising, job boards, interviewing, onboarding,
etc.
- Enter details for the RN you are looking to hire:
- State
- Average RN salary in that state
- The calculator will populate the total estimated 1st year costs for internal
recruitment.
- Obtain a quote from a healthcare staffing agency for the bill rate to supply an RN.
- Compare the total costs. The agency option will lead to cost savings by eliminating
recruitment overhead.
- Use this data to determine the most cost-effective hiring solution for your needs.
Partnering strategically with a specialized healthcare staffing agency can significantly
reduce your first year hiring costs per nurse.