The average cost per new hire in 2016 was a whopping $4,425. Looking to hire a C-suite executive? You can expect to pay almost $15,000. When 15% of your HR expenses go to recruitment activities, you want to make every dollar count.
Do you know what it costs your company to hire a new employee? This calculator will help you pinpoint where you stand on your recruiting costs. Remember to consider:
- Application Volume
- Staff Hours Spent on Recruiting
- HR Staff Salaries
- Job Posting Advertising Costs and Agency Fees
- New Hire Volume
This calculator will determine how much you could be saving by implementing an ATS in your recruiting funnel.
Cost per Hire Calculator