Hiring Cost Calculator
Calculate the total cost per hire including recruiting, interviewing, and onboarding.
Inputs
Results
Cost Per Hire
$7,750.00
≈ 8 smartphones
How to Use This Calculator
- Enter job posting costs and any recruiter or agency fees.
- Input total interviewing hours and the average interviewer hourly cost.
- Add background check costs, then onboarding hours and the HR/trainer hourly rate.
- Enter your planned number of annual hires to project the annual hiring budget.
- Review the cost-per-hire, the advertising/interview/onboarding cost breakdown, and the internal vs. external cost percentages.
How the result changes with Recruiter Fee
| Recruiter Fee | Cost Per Hire |
|---|---|
| $100,000.00 | $102,750.00 |
| $350,000.00 | $352,750.00 |
| $650,000.00 | $652,750.00 |
| $900,000.00 | $902,750.00 |
What each input means
- Job Posting Costs
- Cost of job board postings and advertising.
- Recruiter Fee
- Agency or recruiter fees per hire.
- Total Interview Hours
- Total staff hours spent interviewing candidates.
- Avg Interviewer Hourly Cost
- Average burdened hourly cost of interviewers.
- Background Check Cost
- Background check and drug screening costs.
- Onboarding Hours
- HR and training hours for onboarding.
- HR/Trainer Hourly Rate
- Burdened hourly rate for HR/training staff.
- Annual Hires
- Number of hires planned per year.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersJob Posting Costs = 500, Recruiter Fee = 5000, Total Interview Hours = 15, Avg Interviewer Hourly Cost = 50 = 8 input(s) provided
- Calculate Cost Per Hire7750 = $7,750
- Calculate Annual Hiring BudgetAnnual Hiring Budget77500 = $77,500
- Calculate Advertising CostAdvertising Cost500 = $500
Engine last updated . Checked against 2 independently-derived tests — how we verify calculators.
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