Cost Per Hire

SHRM-style recruiting efficiency metric. Include internal and external costs consistently across periods.

CPH = recruiting spend ÷ number of hires.

Tip: Keep “Total Recruiting Cost” and “Number of Hires” on the same basis (period, units, and population) before calculating Cost Per Hire.

Cluster: HR hub · Professional KPIs · Percentage guide

Cost per hire spreads recruiting spend across filled roles.

Enter total recruiting costs and number of hires in the same period.

$
All recruiting spend for the period
Filled roles counted as hires

Cost Per Hire

Understanding Cost Per Hire

How we calculate. CPH = recruiting spend ÷ number of hires. The form uses the same arithmetic as the worked examples on this page. See our methodology and accuracy policy.

Real-world scenario: A typical Cost Per Hire case uses total recruiting cost 45000 and number of hires 15. Enter the same figures below to reproduce the worked path.

What is Cost Per Hire?

SHRM-style recruiting efficiency metric. Include internal and external costs consistently across periods.

  • Include agency, ads, tools, travel as policy defines
  • Count accepted starts or filled reqs—be consistent
  • Segment by role level for fair benchmarks

The Formula

Cost Per Hire
Cost per hire = Total recruiting cost ÷ Hires

Worked Example

Scenario: Recruiting cost $45,000 for 15 hires.
Step 1: Cost = 45000
Step 2: Hires = 15
Step 3: CPH = 45000 ÷ 15 = $3,000
Answer: Cost per hire is $3,000.

Common Use Cases

  • Budget planning: next quarter hiring
  • Channel ROI: agency vs inbound
  • Role tiers: exec vs volume hiring

Pro Tips

  • Amortize shared ATS costs carefully
  • Exclude relocation if tracked separately
  • Compare same job family

Limitations: Cost Per Hire results are educational HR planning aids—not legal, payroll, or employment advice. Confirm definitions with your HR/finance policies.

FAQ

Internal vs external cost?

Many reports sum both. Document whether recruiter salaries are included.

What if hires = 0?

Cost per hire is undefined until at least one hire is recorded.

Authoritative References

For people-analytics definitions, consult:

  • SHRM — HR metrics and workforce standards
  • ISO 30414 — human capital reporting guidance
  • U.S. BLS — labor statistics context