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:

  1. Enter your internal recruitment costs:
    • Recruiter salaries and benefits
    • Estimated overhead costs like advertising, job boards, interviewing, onboarding, etc.
  2. Enter details for the RN you are looking to hire:
    • State
    • Average RN salary in that state
  3. The calculator will populate the total estimated 1st year costs for internal recruitment.
  4. Obtain a quote from a healthcare staffing agency for the bill rate to supply an RN.
  5. Compare the total costs. The agency option will lead to cost savings by eliminating recruitment overhead.
  6. 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.