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

Number of Applications Received per Week

Number of Hours Spent by Staff on Recruiting Activities per Week

Average HR Staff Salary

$

Weekly Budget for Ad Listings, Agency Fees, Interview Travel, and Job Fair Costs

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Average New Hires per Year