Trades Hiring Cost Calculator

Hiring Tools

Trades Hiring Cost Calculator

Put a real number on what hiring a skilled-trade worker costs you — and what a bad hire costs more. Enter each lifecycle cost (vacancy, sourcing, your team's time, onboarding, and ramp) plus your annual assumptions (hires per year, bad-hire rate, failed-tenure length, rework), and the calculator returns your true cost-per-hire, the cost of a bad hire, and your annual exposure, then models the savings from a faster, more accurate process. A one-page dashboard with a chart makes the case to ownership. Every figure is yours — the calculator asserts no external statistic; even the default vacancy days are an editable input. Pairs with the SkilledMarkets app.

XLSX
44 KB
Version 1.0.0 · Updated June 2026
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$19.00one-time purchase

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What's included

  • True cost-per-hire across vacancy, sourcing, time, onboarding and ramp
  • Bad-hire cost, annual exposure and a savings scenario
  • One-page dashboard to make the case to ownership
  • Every number is yours — no external statistic asserted
  • Compatible with Excel 2016+ and Google Sheets

Want this automatically? SkilledMarkets does it for you.

Live BLS OEWS wage benchmarks and O*NET occupation profiles for skilled trades, kept current automatically — starting at $199/month.