Employee Module ROI Calculator

A quick way of calculating the saving your firm could make by using the OpenAsset Employee Module.

This figure assumes that the average employee will stay with your firm for 4.2 years, so a firm managing resumes for 1000 staff members will create 238 new resumes each year if staff hires remain consistent.

Resumes created each year

1,000

This figure assumes that each employee resume requires updating once per year.

Resumes updated each year

3,500

This is arrived at by multiplying the time spent creating resumes by the number of resumes managed by your firm.

Hours spent each year creating resumes

2,500

This is arrived at by multiplying the time spent updating resumes by the number of resumes managed by your firm.

Hours spent each year updating resumes

2,625

This is calculated by multiplying the time taken to create a resume by the cost of salary and overheads, divided by the number of productive hours for an employee per year (we assume that employees are productive for 40% of the working day). For example, if the salary and overheads for employees producing resumes is $100k and it takes 5 hours to create a resume, the cost of creating a resume is $600.

Cost of creating a resume

$270

This is calculated by multiplying the time taken to update a resume by the cost of salary and overheads, divided by the number of productive hours for an employee per year (we assume that employees are productive for 40% of the working day). For example, if the salary and overheads for employees producing resumes is $100k and it takes 1 hour to update a resume, the cost of updating a resume is $120.

Cost of updating a resume

$81

This is calculated by multiplying the cost of creating a resume by the number of resumes created per year, and the cost of updating a resume by the number of resumes updated per year, and adding these figures together.

Annual cost of team producing business development materials

$554,387

ESTIMATED ROI PER ANNUM (USD)

$338,071