Internal HR vs External HR
Comparison of Human Resources
HR Comparison |
|
External HR |
Department Payroll
(HR Managers, HR assistants, Recruiters, admin, etc)
|
Average HR Dept Payroll
$106K
Low end Mid Level Business HR Dept Payroll
$200,000+ |
Hiring Cost
Between $2500-$7000
With an Average cost of $5000 per hire |
Recruiting Cost
(Advertising, travel, job fairs, testing, background checks, referral bonuses, etc) |
These cost per hire average between $1000-$5000 per hire in addition to your HR Department personnel salaries.
|
|
Risk Management
(reputation, law suits, etc.) |
Your company assumes all risk that comes with each hire.
|
Silicon Staffing assumes all hiring and termination processes and risk ! |
The Wrong Hire
(cost of recruiting, training, OnBoarding ) |
This can cost upwards of just $5000 at a minimum |
We provide highly committed validated candidates but if it doesnt work out, we will provide another candidate free of charge |
Criminal History Check
(Court Clerk Verification) |
Addition fee per candidate |
Included in the Fee |
Financial History Check
(Credit Agencies & Public Records) |
Additional fee per candidate |
Included in the Fee |
Testing
(Based on hiring criteria) |
Additional fee per candidate + HR Personal hours expended |
Included in the Fee
*Limitations Apply
|
Training
(Based on hiring criteria) |
Additional labor hours expanded |
OnBoarding Assistance reduces company labor hours |
Scheduling & Calendaring |
Additional labor hours expended |
Included in the Fee |
OnBoarding
(Post Hire Clerical Admin Client Support) |
Additional labor hours expended |
OnBoarding Assistance reduces company labor hours |
Cost of 10 Annual Hires |
HR Dept. Personnel Salary $200,000
Recruiting Cost $50,000
Assuming each hire is a great fit and there are no bad hires.
Average Salary: $65,000
$400,000+
| HR Dept. Personnel Salary
$0
Recruiting Fee $50,000
Ready replacements at no cost.
Average Salary: $51,000
$14,000 saved per employee
$200,000+ |
|
EMPLOYER || CANDIDATE
