Free HR calculator
Cost Per Hire Calculator
Hiring costs include more than job ads and agency fees. Recruiting tools and staff time also contribute to the total. Enter your expenses and hiring totals from the same period to calculate your average cost per hire and compare internal and external spending.
About this calculator
Method note: How cost per hire is calculated Note reviewed
What to expect Start with hiring totals and recruiting expenses from the same period, including advertising, fees, background checks, tools, and staff time. The calculation takes about three minutes.
Hires
External recruiting costs
Additional recruiting costs
Additional external costs
Internal recruiting costs
Cost per hire
Your recruiting cost breakdown
Email your results
Send yourself a copy of your calculation and inputs.
How the calculation works
How cost per hire is calculated
Add your internal and external recruiting expenses, then divide by the number of hires during the same period. The method is based on the ANSI/SHRM Cost-Per-Hire standard (06001.2012).
See what is included
External costs
External costs include advertising, agency fees, background checks, and assessments. Agency placement fees often range from 15% to 25% of first-year salary. Referral bonuses sit with external costs here. The ANSI/SHRM standard counts them as internal costs, which changes the split but not your total cost per hire.
Internal costs
Internal costs include recruiter and hiring manager time, along with recruiting tools. Use the same approach each period so comparisons are meaningful.
Use your results
Compare hiring costs over time
Use the Cost Per Hire Calculator workbook to compare recruiting expenses across quarters or years. The Benchmark tab includes SHRM's national median and average, while the Summary tab brings your figures together for budget planning.
$29
One-time purchase. Instant download.
30-day refund. Questions? Reply to your receipt or email support@truestephr.com.
Compare this estimate with your records to help plan your next step.