Hiring ROI Calculator
Should you hire? This calculator shows the ROI of bringing on help, whether a VA, contractor, or full-time employee.
Your Current State
$
hours
hours
Client work, sales, strategy, product The Hire
$
Salary/rate + taxes + tools + management time hours
Tasks you'll hand off to them $
How much each freed hour could generate months
Time to full productivity Current Metrics
Effective Hourly Rate -- Revenue รท Hours worked
High-Value Work % -- Time on revenue-generating work
After Hiring
New High-Value Hours -- per week
Potential Revenue Increase -- Monthly additional revenue
Net Monthly Gain -- Revenue increase minus hire cost
Hiring ROI -- Return on hire investment
Break-Even Point -- Months to recoup investment
12-Month Projection
| Month | Hire Cost | Revenue Gain | Net Gain | Cumulative |
|---|
Hire Type Comparison
Virtual Assistant
~$1,000/mo
10-20 hrs/week
ROI: --Part-time Contractor
~$3,000/mo
15-25 hrs/week
ROI: --Full-time Employee
~$6,000/mo
40 hrs/week
ROI: --Specialist
~$8,000/mo
20-30 hrs/week
ROI: --Are You Ready to Hire?
0/5 checked
Check the boxes that apply to assess your readiness.
Making the Hire Work
The leverage equation: A hire is profitable when the revenue from your freed-up hours exceeds their cost. If you free 15 hrs/week and each hour can generate $150, that's $9,000/month in potential value.
Account for ramp time: New hires don't produce full value immediately. Budget 2-3 months of training and reduced productivity before seeing full ROI.
Start small: Begin with a part-time contractor or VA before committing to full-time. Prove the model works, then scale.