Download Vacancy Cost Calculator Free Excel Template

Filter by Categories
Select all
Business Statements
Federal Income Tax
Gantt Chart
GST India
Health, Logs and Personal Trackers
Invoice/ Bill
Payroll & HR
Project Reports & Timelines
Purchase Order/Requisition
Rental Ledger
Risk Registers
Sales/ Marketing
SWOT Analysis
Timesheet/ Attendance
Filter by File Types

It is very important to understand direct or indirect costs relevant to a vacancy. More like, relevant costing for vacancy. This helps in vacancy pricing and better business decisions.

This vacancy costs calculator is a ready to use HR metrics excel template. It computes vacancy costs or direct costs associated with vacancies in a company or organization. With the help of this template, you can easily segregate the amount of resources or capital you injected to sustain the period when the job or vacancy was not filled.

Meaning of vacancy cost

Vacancy cost concept is different from cost per hire metrics. ( If you have not checkout out the cost per hire excel template for HR personnel – check it out). So, the Vacancy Costs are those costs that are spent in the form of overtime, outsourcing, temporary jobs, etc. during the time the post is vacant to complete the work.

Formula To Calculate Cost Per Vacancy

Cost per vacancy is also known as CPV. It is computed by evaluation of vacancy costs and dividing the same by number of vacant position.

CPV = Vacancy Costs / No. Of Vacant Positions

Hence, this gives us an average cost figure for each vacant position. To compute the vacancy costs, it includes –

  • Cost of temporary workers
  • Independent contractors
  • Temporary outsourcing
  • Overtime during vacancy period

We must subtract the normal pay or wages in the vacant position from the above figures to obtain absolute value of Vacancy cost incurred.

Download and use vacancy cost calculator excel template

To use this free vacancy cost calculator excel template, you should have Microsoft Office/ Microsoft Excel installed in your system. You must also have the remuneration information, cost of vacant posts to compute it.

After installing Excel or Spreadsheet, download the zip file of this template, extract the template using WinRAR or 7Zip decompressing software.

Once extracted, you can open the file using Excel and start entering data or customizing the template. You can customize the currency, color scheme, fields in this template as per your requirement.

Click the button below to Download Vacancy Cost Calculator Excel Template

By Downloading this Free Excel Template, it is implied that you comply with Download Instructions

Download Instructions

If the excel templates can not be downloaded, Leave us a message in the Comment Section. We will solve the related problems for you as soon as possible. All Excel templates and dashboards and tools are sole property of As a User, you can download and use the excel templates, dashboards and calculators for personal and business use with no payment i.e. for free, but without permission, you can not distribute it on the Internet website or CD/DVD channels !

Without permission granted from us/ management team of, use of these excel templates and dashboards is not allowed. However, if you want to share this templates and dashboards with your friends and peers, we have provided sharing option in various social media and platform via which you can share our content.

We hope that you can get our help in making your personal and business activities easier with the use of free excel templates and dashboards, and at the same time, support the construction of our website by considering our efforts and aforesaid instructions.