Calculate cost per hire, total recruiting cost, internal hiring cost, external hiring cost, cost per accepted offer, cost per interview, cost per applicant, recruiting budget, and hiring efficiency. Use this HR calculator for recruitment planning, talent acquisition reporting, and hiring budget analysis.
Standard cost per hire:
The calculator adds internal and external recruiting costs, then divides by the number of hires.
Internal recruiting cost:
Recruiter salary allocation, hiring manager time, and interviewer time are grouped as internal costs.
External recruiting cost:
Job boards, advertising, agencies, referrals, software, assessments, background checks, travel, and events are grouped as external costs.
Hiring budget:
The calculator multiplies cost per hire by planned future hires to estimate a recruiting budget.
A cost per hire calculator helps HR teams, recruiters, and business owners understand how much it costs to fill open roles.
It can help compare total recruiting cost, internal cost, external cost, cost per hire, cost per offer, cost per interview, cost per applicant, offer acceptance rate, and future hiring budget.
Your result shows estimated cost per hire, total recruiting cost, internal recruiting cost, external recruiting cost, cost per accepted offer, cost per interview, cost per applicant, hiring budget, budget variance, recruiting funnel rates, and hiring efficiency. These figures are estimates based on the values you enter.
Add all internal and external recruiting costs, then divide by the number of hires.
Common costs include recruiter time, hiring manager time, interviewer time, job boards, advertising, agency fees, referral bonuses, recruiting software, assessments, background checks, travel, events, and other hiring expenses.
Internal cost per hire includes internal labor and overhead used in recruiting, such as recruiter salary allocation and interview time.
External cost per hire includes outside recruiting expenses such as job ads, job boards, staffing agencies, search firms, background checks, and recruiting events.
These metrics help show where recruiting spend is going in the hiring funnel and can reveal inefficient sourcing or screening steps.