Calculating The Cost Per Hire
Cost Per hire is a common recruiting effectiveness measuring tool. Although this calculation is a valuable tool it does not take into account the length of time it takes to fill the position and quality of the hire. In addition cost per hires will drastically differ from position to position. For example, a cost per hire for a senior executive position will be drastically different from a non-exempt position.
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Enter the data below to calculate your Cost Per hire for a position.
Also calculate the Average Cost Per Hire.
* This calculator is copyrighted by Recruiters Network. No part of this code can be copied or used without consent of Recruiters Network. Contact us for more info. This formula was developed by the Employment Management Association (EMA), a special interest group of the Society for Human Resources Management. Click here for a detailed article on this method to calculate CPH.
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