IT Salary Worksheet

172 KB | 3 files | null DOC,null PDF,null XLS

An understanding of the “true” cost of hiring a new employee is necessary for evaluating the ROI of a new hire. This calculator covers five different scenarios, including overall average, management and executives and workers in goods-producing companies.

Recruiting new employees should be preceded by a clear understanding of the full costs of current employees in relation to those of each new hire. This is an exercise valuable to all organizations to help them budget for additional resources. Costs should be estimated based on compensation (salary, benefits, overtime, etc.) and infrastructure costs, including additional hardware, software, administration, and so on. An understanding of the "true" cost of hiring a new employee is necessary for evaluating the ROI of a new hire.

The calculator provides five different scenarios:

  • Overall Average.
  • Management and Executives.
  • Operations and Support Staff.
  • Workers in goods-producing companies.
  • Workers in service-producing companies.

The attached Zip file includes:

  • Intro Page.doc
  • Cover Sheet and Terms.pdf
  • IT Salary Worksheet.xls
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