Average Cost Per Hire

Comments

• 1 Comment sorted by Votes Date Added
• HR36 57 Posts

  August 2007 PMVote Up0Vote Down

  Rather than seeking generic data, you might want to go at it in a  more company or job-specific way. Take a look at your organization and consider all costs associated with hiring for either all jobs, or a specific position. Look at (I pasted this from Excel, so hopefully it turns out):

  
  

  Total Salary Cost for Recruiting Staff

  Benefit Costs as Percent of Salary (e.g., 30%)

  Travel Expenses (Recruiting Staff)

  Entertainment Expenses

  
  

  
  

  Total Salary Cost for Recruiting Staff
  Benefit Costs as Percent of Salary (e.g., 30%)
  Travel Expenses (Recruiting Staff)
  Entertainment Expenses
  Other Costs (Full-Year Numbers)
  Search Firm Fees
  Travel Expenses (Candidate Travel)
  Entertainment Expenses
  Advertisements
  Job Fairs
  College Recruitment
  Employee Referral Awards Paid
  Background Checks
  Preemployment Testing
  Other Costs Not Listed
  Number New Hires During Year
  Human Resources Department Cost
  Other Costs
  Total Hiring Costs
  Cost Per Hire

  Share on Facebook Share on Twitter