Compare the cost of an in-house recruiter against agency fees across your real hiring plan. Set the recruiter’s loaded cost and capacity, list the roles you hire by group and agency rate, and the workbook returns the all-agency cost, the in-house scenario, and the annual saving from building in-house at your volume.
One Excel workbook that prices the agency-versus-in-house decision on your hiring plan
A working model, not a blank grid. You set the recruiter and the hiring plan, the workbook prices both routes and returns the saving, and it opens on a worked example so the comparison is clear before you change anything.
-
Agency vs Internal Recruiter ROI Calculator. Enter the recruiter’s base salary, benefits load, tools, overhead, and time to ramp, plus how many roles a month the recruiter handles. Then list each hiring group with its annual volume and the typical agency rate as a percent of salary. The workbook returns the all-agency cost, what an in-house recruiter would cost and cover, the overflow the recruiter cannot fill alone, and the annual saving from moving in-house, with the payback on the first-year ramp cost.
-
A board-ready summary, current benchmarks, and the method in plain English. A one-page Summary carries the all-agency cost, the in-house total, and the annual saving into a budget conversation. A Benchmark tab holds agency fee ranges and recruiter cost figures by level from SHRM and recent HR compensation data, and the Notes tab documents how each number is built.
Three steps from agency fees to a saving you can take to a budget
You set the recruiter and list the hiring plan, and the workbook prices both routes and returns the saving and the payback.
-
Set the recruiter. Enter the base salary, benefits load, tools and ATS cost, overhead, and ramp cost, and the roles per month the recruiter handles. The total loaded cost and the annual hires the recruiter covers calculate, and the first-year cost lands the ramp alongside the ongoing cost.
-
List the hiring plan. Enter each group of roles with its annual volume and the agency rate you pay, and the all-agency cost for that group calculates. The workbook also applies the recruiter’s annual capacity across the groups and flags any overflow beyond what an in-house hire covers.
-
Pressure-test the capacity assumption. Check the in-house recruiter capacity you entered against the Benchmark tab before you rely on the result, since an optimistic req load is the number that most often breaks this case.
Agency fees disappear into cost of hire, which is where in-house competes
A single agency placement in a mid-level role can cost as much as a month of an in-house recruiter’s total loaded cost. Most finance conversations stop at the recruiter salary; this workbook costs the recruiter against the fees the recruiter would replace, at your volume, across your actual hiring mix.
-
The comparison is at your volume, not a generic ratio. A recruiter who handles 20 roles a year changes the math differently from one who handles 40. You enter the capacity that reflects your recruiter and your roles, not a published average.
-
The in-house cost carries everything. Base salary, benefits, tools, overhead, and ramp are all in the loaded cost, so the comparison is fully burdened on both sides and the saving is not overstated.
-
Year one is the worst case. The ramp cost lands only in the first year, so the payback in months shows when the in-house hire starts to outperform. After the payback, every hire the recruiter handles saves the full agency rate.
Who this calculator fits and where to go if that is not you
Built for
- An HR or talent leader making the case for a first in-house recruiter, who needs the all-agency cost against a fully loaded hire at their volume.
- A finance or HR partner reviewing the recruiting budget, who wants to see agency spend against an in-house alternative before the next headcount cycle.
- A founder or operator who uses agencies for every hire and wants to know when the volume justifies bringing recruiting in-house.
If you are looking for
- How many recruiters the pipeline needs and who on the current team is over capacity. The Recruiter Capacity Planner sizes the recruiting team against the open reqs.
- The total recruiting cost per hire on the SHRM and ANSI standard, not the agency-versus-in-house comparison. The Cost Per Hire Calculator builds that figure.
Before you buy
What format is it and can I edit it?
It is one Excel workbook that also works in Google Sheets. Every input and formula is editable, and the file is yours to keep. Add role groups by inserting rows inside the hiring plan, and duplicate the file to model a second recruiter or the next planning year.
Is the in-house saving real?
It is a planning estimate built from your inputs. Agency fees and recruiter costs vary, so set the salary, benefits, and fee rates to your actual figures and adjust the recruiter capacity to what a hire in your environment would realistically cover. The math is correct for the inputs; the saving is as good as the rates and volume you enter.
What about the roles the recruiter cannot fill?
The workbook flags any overflow, the volume that one recruiter cannot cover at the capacity you set, and assigns it back to agency cost so the comparison stays honest. If the overflow is large, the in-house saving is smaller than it would appear without it.
What is the refund policy?
Digital products are covered by a 14-day money-back guarantee. See the refund policy for the full terms.
What happens after I buy?
Checkout delivers an instant download link, and a receipt with the same link arrives by email. Open the workbook in Excel or Google Sheets, enter the recruiter cost and the hiring plan, and read the saving. Questions or want a hand getting set up? Email support@truestephr.com.
How the download works
Your files arrive as a single ZIP download, best opened on a computer: save it, extract it (right-click and Extract All on Windows, double-click on a Mac), and open the Start Here file first. PDFs open in any reader, and the editable files work in Microsoft Word and Excel or their free equivalents, including LibreOffice and Google Docs and Sheets. No other software is needed. Step-by-step help for every device is at truestephr.com/pages/download-help.
Scope
This tool is a planning and analysis model. Its outputs depend entirely on the inputs and assumptions you enter, and they are estimates for decision support, not accounting, tax, or legal conclusions. It is not legal, tax, or financial advice, and it is not a substitute for qualified counsel on your specific situation. Check the assumptions against your own data and have any decision with pay, headcount, or separation consequences reviewed against applicable law before you act on it.