Average Cost Per Hire

I am looking for current average Cost Per Hire information.  Does any one have a good source?  I have checked with SHRM and the data I found is from 2005.  Any help would be appreciated.

Thank you.

Comments

  • 1 Comment sorted by Votes Date Added
  • Rather than seeking generic data, you might want to go at it in a  more company or job-specific way. Take a look at your organization and consider all costs associated with hiring for either all jobs, or a specific position. Look at (I pasted this from Excel, so hopefully it turns out):


    Total Salary Cost for Recruiting Staff
    Benefit Costs as Percent of Salary (e.g., 30%)
    Travel Expenses (Recruiting Staff)
    Entertainment Expenses



         
    Total Salary Cost for Recruiting Staff
    Benefit Costs as Percent of Salary (e.g., 30%)
    Travel Expenses (Recruiting Staff)
    Entertainment Expenses
         
    Other Costs (Full-Year Numbers)
         
    Search Firm Fees
    Travel Expenses (Candidate Travel)
    Entertainment Expenses
    Advertisements
    Job Fairs
    College Recruitment
    Employee Referral Awards Paid
    Background Checks
    Preemployment Testing
    Other Costs Not Listed
         
    Number New Hires During Year
         
         
    Human Resources Department Cost
    Other Costs
         
    Total Hiring Costs
         
    Cost Per Hire 
Sign In or Register to comment.