Talent Density ROI Calculator

Effortlessly quantify the annual hours squandered on outdated performance reviews, and then, with a few simple inputs, see the incredible potential for savings and growth. This powerful tool allows you to explore the untapped potential within your workforce, providing you with the insights you need to revolutionize your performance enablement practices.

What’s inside?

  • An ‘Instructions’ sheet, an ‘ROI Calculator’ sheet, and a ‘Workings’ sheet explaining the logic behind the calculator
  • The significant annual employee and manager hours wasted on traditional performance review processes
  • The total number of man-hours saved annually and potential annual savings from introducing meaningful performance enablement practices
  • The increased potential in business growth, as well as the additional investment needed in employee costs to achieve this business growth (assuming current talent density)

Who is this meant for?

  • HR Leaders looking to demonstrate how adopting modern performance enablement practices can free up valuable work hours and reduce time costs, leading to more efficient HR operations and improved talent management.
  • Senior executives and leaders seeking to assess the potential of greater talent density, leading to enhanced business value through improved performance, increased employee growth, and efficient use of resources.
  • Managers and leadership teams seeking to understand how embracing performance enablement not only streamlines the performance review process but also contributes to higher employee retention and growth, allowing them to focus on strategic initiatives.

How to use:

  • Make a copy of the ROI calculator by clicking on 'File’ > ’Make a copy'.
  • Input details about your organization, such as headcount, and total annual revenue, in the first section of the ‘ROI Calculator’ sheet.
  • Make sure you enter input only in cells that have been highlighted yellow.
  • Ensure all revenue or cost inputs are in US$.

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