Case Study: ApplicantStack achieves cost-per-hire savings with WorkforceHub

ApplicantStack cuts hiring costs by 10% with WorkforceHub

ApplicantStack, an applicant tracking system provider, sought to demonstrate the tangible return on investment their platform could offer to potential customers. To address the common challenge of proving the value of new HR technology, their vendor, WorkforceHub, developed a specialized cost-per-hire calculator.

WorkforceHub's solution was an online calculator that allows companies to input their internal and external recruiting expenses to compute their current cost per hire. The tool then projects the potential savings from implementing ApplicantStack, which automates tasks like resume screening and interview scheduling. The results demonstrated that many clients could achieve savings of 10% or more annually on their cost per hire, with additional benefits including a reduced recruiting time per hire and a more efficient hiring rate.

ApplicantStack