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.
Internal cost 12.000 €. External costs 25.000 €. Hired personal 11.
(12.000 € + 25.000 €) / 11 =3.363,63 €
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