# Cost Of Recruitment Calculator

Cost Of Recruitment (COR): \$

## Introduction

Recruitment is a crucial aspect of building a strong workforce for any organization. However, it comes at a cost. To help businesses estimate the expenses involved, a Cost Of Recruitment (COR) calculator is a valuable tool. This article provides a step-by-step guide on how to create and use a Cost Of Recruitment Calculator in HTML, including the formula and practical examples.

## How to Use

Creating a Cost Of Recruitment Calculator in HTML is a simple yet effective way to estimate recruitment expenses. Follow these steps:

1. Create an HTML form to input the recruitment rate (%) and the total salary (\$).
2. Add a clickable button with the “On Click” event to trigger the calculation.
3. Use a JavaScript function to implement the formula: COR = (RR / 100) * S, where COR is the Cost Of Recruitment, RR is the recruitment rate, and S is the total salary.
4. Display the calculated COR on the webpage.

## Formula

The formula for calculating the Cost Of Recruitment (COR) is as follows:

COR = (RR / 100) * S

Where:

• COR: Cost Of Recruitment
• RR: Recruitment Rate (%)
• S: Total Salary (\$)

## Example

Let’s consider an example. You are hiring for a new position, and the recruitment rate is 5% of the total salary of \$50,000. To calculate the Cost Of Recruitment:

1. Recruitment Rate (RR) = 5%
2. Total Salary (S) = \$50,000

Using the formula:

COR = (5 / 100) * 50000 = 0.05 * 50000 = \$2500

So, the Cost Of Recruitment for this scenario is \$2500.

## FAQs

Q1: Why is the recruitment rate expressed as a percentage?

A1: The recruitment rate is usually given as a percentage of the total salary because it helps businesses understand the relative cost of hiring in proportion to the compensation offered to the new employee.

Q2: Can this calculator be customized for different currencies?

A2: Yes, you can modify the calculator to work with different currencies by adjusting the input and output formatting in the JavaScript code.

## Conclusion

A Cost Of Recruitment Calculator is a valuable tool for businesses to estimate the expenses associated with hiring new employees. By following the simple HTML and JavaScript code provided in this article, you can easily create a calculator tailored to your organization’s needs. This will help you make informed decisions about recruitment budgets and ensure cost-effectiveness in the hiring process.