Return on Investment (ROI) Calculator

Use our ROI Calculator to see how much time and money your business could save by streamlining your HR processes with HRLocker. Whether you're managing compliance, tracking time, or simplifying onboarding, our tool helps you put real numbers behind your HR investment.

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Step 1

Enter your total company headcount

Step 2

Select and configure the tabs for each type of People Management process

Step 3

Watch the value accrued in the ‘Running Totals and Potential Savings‘ section

Step 4

See how your particular HRLocker price plan illustrates how much ROI the system gives you!

* HRLocker Essential does not include CPD and TOIL. You’ll need to ‘zero’ these in ‘Configure Key Process Costs’ to get accurate ROI multiples. ** The Premium plan also includes HIRE, our Applicant Tracking System (ATS), which delivers added value for your recruitment needs. With that, the actual multiples are much higher.

HRLocker ROI Calculator

HR Management Plan
Core HR
Time & Attendance
Recruit
Onboard
Perform
€600.00 €900.00 €900.00 €900.00 POA

All You Need to Know About ROI

What is ROI?

Return on investment (ROI) is a measure of the profits generated by an investment relative to the amount of money invested. It is calculated as a ratio, usually expressed as a percentage, between the profitability of the investment relative to the total cost.

ROI measures how much money was gained or lost on an investment compared to what was initially invested.

 

Adjust ROI calculation when needed

While the basic return on investment calculation works for simple investments, it can be slightly more complicated when additional factors come into play. For example, if there are ongoing costs associated with the initial investment, you will need to factor those into your calculation. If you don’t take these costs into consideration, your ROI may seem higher than it actually is.

Additionally, when calculating the ROI of an intangible asset such as a new marketing campaign or employee satisfaction survey, you’ll need to adjust your calculations accordingly and account for all associated costs and potential profits.

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