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Calculates the total cost to recruit and onboard a new employee including recruitment fees, training, and opportunity costs.

Водич корак по корак

  1. 1Sum recruitment costs (job boards, recruiter fees, advertising)
  2. 2Add onboarding and training expenses
  3. 3Include opportunity cost of unfilled position
  4. 4Divide by number of hires in period

Worked Examples

Инпут
$50k, 25 hires
Резултат
$2000/hire

Common Mistakes to Avoid

  • Only including recruiter fees, forgetting training and ramp costs
  • Not accounting for time spent by hiring managers

Frequently Asked Questions

What's the average cost per hire?

Small businesses $5,000-8,000; large companies $10,000-20,000+ depending on role level.

How can I reduce cost per hire?

Use free job boards, improve recruiting efficiency, build employee referral programs, and streamline onboarding.

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