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Your Staffing Solution.

           “DIY” Cost Analysis

 

 

SO MUCH TO DO, SO LITTLE TIME!

 

Are you looking to hire a new employee and considering doing it yourself?

Are you thinking that it will be a piece of cake?

 

Well I am here to tell you it won’t.  In today’s marketplace with the internet creating limitless borders, there is an attractive array of options available.  Rather then demonstrate this by listing all of the options; I am going to show you the costs and time associated with doing it yourself versus using a staffing company.

 

In this example doing it yourself (DIY) will represent you and Svc Co will refer to a healthcare staffing company.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

            

Robert McCoskey, VP of Sales & Marketing

972-484-3922

#

Task

DIY

Svc Co

Our Additional Cost to You

 

 

 

 

 

1

Develop Job Description, duties, compensation

 

 

 

 

guidelines, etc. $50 - $100.00 - 2 Hours

$100.00

$0.00

Provided at No Additional Cost

 

 

 

 

 

2

Recruiting, newspaper ad + healthcare job posting

 

 

 

 

Ad - $700-$2,000, Posting $100-$350 - 4 Hours

$2,350.00

$0.00

Provided at No Additional Cost

 

 

 

 

 

3

Resume & Application Review - Screen resumes,

 

 

 

 

schedule interviews - Time = $250.00 - 8 Hours

$250.00

$0.00

Provided at No Additional Cost

 

 

 

 

 

4

Interview Candidates (3 normally) - 10 Hours

$350.00

$0.00

Provided at No Additional Cost

 

 

 

 

 

5

Reference Checks, Verification of Licenses/Credentials - 8 Hours

$200.00

$0.00

Provided at No Additional Cost

 

 

 

 

 

6

Skill Testing: Basic PC Proficiency, individual competency

 

 

 

 

test per discipline. Material + Time - 5 Hours

$125.00

$0.00

Provided at No Additional Cost

 

 

 

 

 

7

Background Check: Criminal Check, 10 Panel

 

 

 

 

Drug Test, Heb B, TB Test - 5 Hours

$560.00

$0.00

Provided at No Additional Cost

 

 

 

 

 

8

Sub-Total

 

 

 

 

Remember all of these costs were incurred before

$3,935.00

$0.00

 

 

your new employee worked one day!

 

 

 

 

 

 

 

 

9

Costs to repeat this entire process if employee doesn't

 

 

Replacement Guarantee provided at No Additional Cost!

 

work out. This will assume you got some great resumes.

$1,967.50

$0.00

 

 

Your total time involved (estimate) could be more!

42 Hours

 

Do You have an extra 42 Hours this week or next week?

 

 

 

 

 

10

DIY TOTAL

 

 

 

 

Potential cost of new hire and Doing It Yourself

$5,902.50

$0.00

Total Cost of New hire - Priceless!

 

 

 

 

 

 

* Replacement up to 320 hours of 480 on Temp to Full Time.