How much are you actually paying to hire?
Most companies underestimate their true cost-per-hire by 40%. This calculator surfaces the hidden costs of the agency model — and shows you the ReferYes alternative.
Your Hiring Profile
Number of positions you expect to fill in the next 12 months
The average annual salary of the roles you're hiring for
Most mid-market agencies charge between 18–25%
Average number of days from job opening to offer accepted
Your Estimated Annual Savings
$121,250
That's a 34% reduction in total hiring cost.
Agency Model
ReferYes Model
Time-to-Fill Reduction
100 days → 60 days — saving 40 days per role. Productivity value: $176,000
Internal Time Saved
150 hours/year freed from agency coordination — worth $11,250 in recruiter time.
Budget Predictability (Escrow Model)
Lock in your cost-per-hire at job creation via smart contract escrow. Agencies can't offer this — your finance team will love it.
How We Calculated This
Agency fees: Your role count × average salary × your agency fee %. Industry standard is 20–25% for mid-market tech roles.
Coordination cost: Internal recruiter time spent briefing agencies, reviewing CVs, and chasing feedback. Avg 20 hrs/role at $75/hr blended cost.
Failed hire cost: Agency-sourced hires fail at ~18% within 12 months vs ~6% for referral-sourced hires. Cost = 50% of annual salary to re-hire.
Want to see these numbers in a real-world scenario?
Read the NovaTech Case Study