New Hire Cost Calculator – Excel Template

Add up the full cost of hiring one person: recruitment, visa and permits, medical, travel, equipment and training, plus first-year salary.

• Automatic summary: One-off hiring costs, Yearly running costs, Salary for first year, Total first-year cost, Hiring costs in months of salary
• Drop-down menus for quick, consistent entry
• Built-in chart that updates as you type
• Example rows and a step-by-step "How to Use" sheet

Instant download (.xlsx). Works in Excel 2010+, Excel online, Google Sheets, Numbers and LibreOffice. Works with any currency.