Cost-Per-Hire

What is Cost-Per-Hire?

Cost-per-hire is a recruitment metric that measures the total cost associated with filling a job vacancy, divided by the number of hires made. It includes both internal costs such as recruiter salaries, employee referral bonuses, and interview expenses, and external costs such as job board fees, agency fees, background checks, and recruitment marketing spend. Cost-per-hire is a standard metric defined by the Society for Human Resource Management and the American National Standards Institute. Tracking this metric helps organisations evaluate recruitment efficiency, compare sourcing channels, and manage talent acquisition budgets.