Glossary
Cost-per-Hire

Cost-per-Hire

This is the average amount of money spent over a specific period of time per hire acquired. 

Internal costs include the cost of the company owned HR team. External costs include any RPO payments.

Calculated using the following formula: 

     Recruiting cost (internal + external) divided by the number of hired personnel.

Example:

     Internal cost 12.000 €. External costs 25.000 €. Hired personal 11.

     (12.000 € + 25.000 €) / 11 =3.363,63 €

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Glossary
Cost-per-Hire

Cost-per-Hire

This is the average amount of money spent over a specific period of time per hire acquired. 

Internal costs include the cost of the company owned HR team. External costs include any RPO payments.

Calculated using the following formula: 

     Recruiting cost (internal + external) divided by the number of hired personnel.

Example:

     Internal cost 12.000 €. External costs 25.000 €. Hired personal 11.

     (12.000 € + 25.000 €) / 11 =3.363,63 €

Let us help you build a rock star team!

Get a free demo on our recruiting solution.

Contact us
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