Smart Calculator for Total Recruitment Expenses

QHR's Nursing Turnover Calculator Smart Tools helps you to quantify the cost of nursing turnover/shortages at your facility. Either by expense category or for the total facility, you can evaluate the impact of lost revenue, new hire/orientation/recruitment/turnover expenses, as well as adding together all costs to determine the overall hospital financial impact of nursing turnover. The calculators are also great tools for basic modeling, or "what- if scenarios," to help you develop or refine your nurse retention plans.

  • Total marketing costs (including job fairs)
  • Number of new nurse hires
  • Cost of marketing per new hire:
  • Total hours spent at job fairs
  • Average hourly wage of attendee
  • Number of new nurse hires
  • Cost of job fairs per new hire:
  • Total hours spent screening applications
  • Average hourly wage of screener
  • Number of new nurse hires
  • Cost of application screening per new hire:
  • Total number of interviews
  • Average length of interview (hours)
  • Average hourly wage of interviewer
  • Number of new nurse hires
  • Cost of interviews per new hire:
  • Total costs of drug testing, clinical competency testing, etc.
  • Number of new nurse hires
  • Cost of testing each new hire:
  • Total hours spent checking references
  • Average hourly wage of checker
  • Number of new nurse hires
  • Cost of reference checks per new hire:
  • Total cost of recruitment firm fees
  • Number of new nurses hired through firm
  • Cost of recruitment firm fees per new hire:
  • Total relocation costs
  • Number of new nurse hires reimbursed for relocation
  • Cost of relocation per new hire:
  • Total cost of referral bonuses
  • Number of incumbent nurses receiving signing bonus
  • Cost of signing bonus per new hire:
  • Average salary difference between new nurse and incumbent nurse (may be a negative number)
  • Cost/(benefit) of salary difference:
  • Total Recruitment Expenses:

*Note: Totals will be automatically generated.