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Free Cost-per-hire Calculator

How much is a new hire currently costing your business? Knowing your cost-per-hire is critical to understanding if your recruitment process is working efficiently, and to determine how to reduce your costs.

Discover your cost-per-hire now

Do you know how much a new hire is really costing your business? Calculate the true cost by following our easy guide below.

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1. How many hires did you make last year?

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2. Did you utilize internal resources, external partners such as staffing companies, or both for your hiring needs?

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3. Costs of using staffing companies

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4. Costs of using internal resources

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5. Costs of employer branding

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See your Cost per Hire below

Total Cost of External Resources

$ 5,000.00

Total Cost of Internal Resources

$ 46,900.00

Total Cost of Employer Branding

$ 2,350.00

Your Total Cost Per Hire ?
57,250.00

Understanding How to Use the Cost Per Hire Calculator

The cost per hire calculator is a tool that helps businesses determine the expenses associated with hiring a new employee. By inputting information such as recruitment and advertising fees, background check costs, and other associated expenses, this calculator provides an estimate of the total cost of hiring a new employee. This information can help businesses better understand the cost implications of their hiring process and make informed decisions about their recruitment and staffing budget. If you have any questions or need assistance using the calculator, please don't hesitate to reach out for help.

  • Open the cost per hire calculator form on the website.
  • Input the recruitment fees such as job posting and agency fees.
  • Input the advertising expenses for promoting job openings.
  • Input the cost for conducting background checks and other pre-employment screenings.
  • Input any other associated expenses such as travel and relocation costs.
  • Review the calculated estimate of the total cost of hiring a new employee.
  • Repeat the process for additional employees if needed.

If you have any questions or need further assistance, please don't hesitate to reach out for help.