For more information, please call: (800) 399-2483 or (800) 605-5154 Home About WRS Products & Services Cost Benefit Analysis Careers Get Started Cost Benefit Analysis Proven Savings The Proven Savings scenarios below should put savings into perspective when analyzing based on a candidate's expected compensation package. Scenario 1: Entry-Level If a candidate's annual compensation is $38,000 per year: Avg. cost of a recruiting firm at 30% = $11,400 Workstream Recruitment Services cost at $100/hr. X 20 hrs = $2,000 You save $9,400! Your cost of hire is only 5.3% Scenario 2: Entry-Level (Multiple Candidate Hire) If you were to fill 3 positions for the same job description: The total compensation for all 3 candidates is $114,000 per year ($38,000/candidate) Avg. cost of a recruiting firm at 30% = $34,200 ($11,400/candidate) Workstream Recruitment Services cost at $100/hr. X 40 hrs = $4,000 You save $30,200! Your cost of hire is only 3.5% Scenario 2: Senior-Level If a candidate's annual compensation is $90,000 per year: Avg. cost of a recruiting firm at 30% = $27,000 Workstream Recruitment Services cost at $125/hr. X 50 hrs = $6,250 You save $20,750! Your cost of hire is only 6.9% Workstream Recruitment Services vs. Retained/Contingency Search Firms Too costly (20-30% of first year salary). Candidates pulled from a database that may be currently unemployed or C-Level players. Not targeted, due to the fact that many of these firms rely on Internet postings/searches or an internal database of candidates. Vested interest in which candidates are hired - highest salary equals highest commission. Can take too long to produce viable candidates or requisitions can be completely ignored by recruiters. Workstream Recruitment Services vs. General Job Boards Time wasted weeding through hundreds of resumes. Workstream Recruitment Services pre-screens and short lists according to minimum requirements and interest in the opportunity. Applicants do not meet requirements of the position. Individuals are not pre-qualified, so need to establish initial contact and interest. Lack of quantity and/or quality of candidates. Workstream Recruitment Services sends all interested, qualified candidates identified during research hours. Not targeted. We target by title/ job description, desired/ approved companies, recruitment geography and offer various levels of service from name generation up to full candidate development. ©  2006 Workstream Recruitment Services - A Division of Workstream Inc. Recruitment Research™, NameGen™, and Organizational Charts™ are registered trademarks of Workstream Inc.