Recruitment Cost Calculator Introduced

September 23, 2005 ( - Redmatch and the Nash Group have announced the availability of a new calculator to help companies determine the cost of recruitment and how much can be saved by implementing a recruitment management calculator.

According to a company press release, HR professionals can enter key variables in the Redmatch HR savings calculator, such as positions hired per month and percentage of replacement for existing positions versus new positions to be filled. The calculator shows the cost savings associated with improving the recruitment process by using job matching technology.

“We developed this calculator to provide HR professionals with a real estimate of how much time and money they spend collecting and sorting through hundreds of resumes to get to exactly the right candidate.   Our goal is to demonstrate the efficiencies they can gain by increasing the effectiveness of the candidate selection process,” Gal Almog, Founder & CEO of Redmatch said in the news release.

Redmatch is a provider of online recruitment solutions.   To try out the savings calculator, visit .

The Nash Group, ,   is a management consulting firm based in Chicago.