Companies usually don't think twice about upgrading their machines and equipment. These investments, which help to maximize efficiency and enhance product quality, often give good returns. It's surprising that most organizations have not applied this same business logic when hiring employees.

Investments in employees do not stop with wages and benefits. Administrative and management costs related to training and development also need to be considered. Investing in employees, even for "low-paying" jobs, typically involves a significant amount of money.

Do you know what kind of human resources investment you are making each time you hire an employee in your company? Our investment calculator will give you a general idea of how much money is at stake whenever you hire someone.

If you don't know the exact answer to a question in this BizTool, make an educated guess. We'll use your answers to estimate what you're investing in employees during their first two years of employment. Brace yourself – you might be surprised by the results!

• Our skills tests, personality tests, and job interviews can help you maximize the chances of identifying high performers and minimize the costs of hiring low performers.
• Contact us to let us know about your business needs regarding recruitment and selection issues.
• Also use our Cost Per Hire Calculator to find out how much money is going down the drain if you hire and train people who don't have what it takes to be successful in your company.