<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=231787&amp;fmt=gif">

Meaning & Definition

Cost-Per-Hire

Cost-per-hire is one of the most important and most commonly used hiring and recruiting metric. Cost per hire is linked to recruiting talent and refers to the total cost of bringing the new employee to the company, including the expense of recruitment process, equipment, travel costs, administrative costs and benefits.

Cost-Per-Hire = (internal recruiting cost + external recruiting cost)/ total no of hires in a given time frame.

Latest Blog