Onboarding new employees is expensive.
How much are you spending?
Below you can calculate how much you're actually spending on onboarding and training.
Training Costs
Recruiting & Hiring
- Job Posting Fees: $10 - $100 per posting on job boards like Indeed or LinkedIn.
- Referral Bonuses: $100 - $500 if applicable.
- Background Checks: $20 - $150 per check.
- Interview Expenses: $25 - $200 for management time and resources.
- All the time associate with each of these activities
Onboarding & Training
- Orientation Materials: $10 - $50 for printing and materials.
- Training Sessions: $100 - $1,000 for initial training programs.
- Certification Fees: $20 - $300 for CPR, First Aid, SafeSport certifications.
- Shadow Time: $100 - $500 for combined new and senior staff time.
- Equipment and Supplies/Uniforms: $10 - $100 per employee.
- Name Tags/ID Badges: $5 - $10 each.
Development
- Continuing Education: $100 - $500 annually.
- Professional Development: $200 - $1,000 annually.
Potential Hidden costs
- Productivity Loss: Typically estimated at 10-20% of annual salary during the first 3-6 months of ramp up.
- Supervision Time: $200 - $500 for management oversight.
- Time to transition... Payroll Processing,
- HR Software, Time Tracking Systems, etc.
- Impacts & Correction of Errors: Varies, but can be significant depending on the role.
- Separation Costs: $10 - $300 for exit processing.
Training Cost Calculator
Who is Mentor
We are passionate educators from all over the climbing industry, providing the most comprehensive climbing gym training.
Want More?
Gyms: To track and assign training and onboarding courses, schedule a Demo or Training Consult
Brands & Industry Experts: To be part of the mentor platform, schedule a call.
Brands & Industry Experts: To be part of the mentor platform, schedule a call.
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