Free calculator
Cost Per Hire Calculator
Free Cost Per Hire Calculator with instant browser-based results and a clear calculation breakdown.
Cost Per Hire Calculator
Calculate the average cost to hire a new employee by entering your recruitment expenses and the number of hires made during a specific period.
Internal Recruiting Costs
External Recruiting Costs
Number of Hires
Your Cost Per Hire
$0.00
Total Internal Costs:
$0.00
Total External Costs:
$0.00
Total Recruiting Costs:
$0.00
Number of Hires:
0
Formula: Cost Per Hire = (Total Internal Costs + Total External Costs) ÷ Number of Hires
What this means: This metric represents the average amount your organization spends to recruit and hire one employee. It includes all internal costs (recruiter salaries, hiring manager time, tools) and external costs (advertising, agency fees, assessments, relocation). Understanding your cost per hire helps you budget effectively and identify opportunities to optimize your recruitment process. Industry benchmarks vary by sector and role level, so compare your results within your specific context.
What this means: This metric represents the average amount your organization spends to recruit and hire one employee. It includes all internal costs (recruiter salaries, hiring manager time, tools) and external costs (advertising, agency fees, assessments, relocation). Understanding your cost per hire helps you budget effectively and identify opportunities to optimize your recruitment process. Industry benchmarks vary by sector and role level, so compare your results within your specific context.
Want to understand the calculation?
Read the guideSee examples, formula notes and limitations.