Free tool
Add your internal and external recruiting costs for a period and the number of hires, and get your cost per hire with the internal and external split. It uses the standard formula and runs entirely in your browser.
Formula: (total internal costs + total external costs) / total hires in the same period. Which bucket a cost belongs in can vary by company; agree on it with finance and keep it the same each period so trends are comparable.
Add all internal and external recruiting costs for a period and divide by the number of hires in that same period. See cost per hire and our guide on how to calculate cost per hire.
Costs inside the company: the share of recruiting team pay and benefits spent on hiring, recruiting software, and time hiring managers and employees spend on hiring.
Money paid to outside parties: job ads, agency and search fees, background checks, assessments and candidate travel.
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