Cost per Hire

Category
,
Series B Team’s org
Market Practices

n/a

Critical
Quantify the average expense to fill a role with a new employee. As an example, it tells either you have to externalize or internalize Talent Acquisition.
What Does Recruiting Costs Include?
  • Internal Recruiting/TA Staff Salaries + Employment Burden
  • Advertising/Marketing spend on Internal Recruiting
  • Campus Recruiting/Job Fairs
  • Sourcing Tools (Indeed, LinkedIn, ZipRecruiter, Clearancejobs, Dice, Monster, etc)
  • ATS Software (iCIMs, Bullhorn, Siebel, Salesforce, ApplicantPro, etc)
  • Employee Referral Program Spend
  • 3rd Party Agency Fees

Market Practices

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Additional resources