What recruiting one person costs.
A worked example
Starting figures
- Advertising
- $1,200
- Agency fee
- $9,000
- Internal time cost
- $2,400
- Hires
- 3
What it returns
- Cost per hire
- $4,200
- Total recruiting spend
- $12,600
How to read the results
With the defaults above, cost per hire works out at $4,200.