This free software tool will help fleet operators calculate the total costs of recruiting drivers, including both the labor hours needed for screening applicants, and the outside costs.
The Cost Estimator software uses a simple fill-in-the-blank format to identify and quantify all time and cost factors involved in the hiring process, to verify areas where cost reduction can be significant. For each parameter, an industry standard is shown as the default value; the user then adjusts the data based on their operation.
The Cost Estimator allows management to plug in their actual data, ratios and hourly labor costs, as well as outside costs such as advertising, to determine total cost. Labor and cost factors for each step in the process are displayed in a spreadsheet format.