Put in your own numbers. You’ll see the value your business planned on and isn’t getting yet. It’s an illustrative model, not a prediction.
Sets currency, working days and the local time-to-fill reference. No currency conversion, so nothing goes stale.
Sets a starting value multiplier based on how roles in that sector usually earn. It is a starting point, not a benchmark. Change it to fit the role.
How much value the role produces, as a multiple of its salary. It’s a planning estimate, not an accounting figure. If your team absorbs most of the work while the seat is empty, set it lower. To ground it in your own books, switch to revenue per employee.
Revenue per employee comes from your own annual report, so it reflects your sector. It assumes an open role would produce what the average employee does.
Use your own rate if you track it. For reference, Gartner’s latest published figure is 48% of candidates accepting their most recent offer, down from 54% a year earlier. Source: Gartner, June 2026.
You already know empty seats hold the business back. The question is what a faster, surer hire is worth to you. Set the improvement yourself.
Daily value of one open role = salary × multiplier ÷ 248 working days. If you choose revenue per employee: annual revenue ÷ headcount ÷ working days.
These figures are opportunity cost: value the business planned on and hasn’t received. They are not cash spent or P&L expenses. This is gross value. A stricter view subtracts the salary you are not paying while the seat is empty: salary × (multiplier − 1) ÷ working days.
What closing the gap is worth = the value of the days you take off, plus the declined-offer cost you avoid at the higher acceptance rate. You set both improvements. Nothing here promises them.
Total = daily figure × days open × roles. Annual = daily figure × working days, if the load stays constant.
Declined offers: at an acceptance rate p, expect (1 − p) ÷ p declines per role you fill. Each one is assumed to send the search back to day one. With a strong runner-up, the real cost is lower.
A complimentary Trust Gap Briefing. 45 minutes. I re-read one of your candidate-facing surfaces and bring you the next gap worth closing.
The question isn’t what employer branding costs. It’s what the empty seat is worth.