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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

Your results update in your browser as you enter your figures.

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

$
h
$
h
$
$
The calculator values staff time by dividing annual base salary by 2,080 hours. This hourly rate excludes benefits.

Cost per hire

$0
0% of average first-year salary per hire
Total recruiting cost
$0
Internal and external costs
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For 2025, SHRM reported an average nonexecutive cost per hire of about $5,475 and a median of $1,200.

Your recruiting cost breakdown

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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.

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Compare this estimate with your records to help plan your next step.

Next steps

Compare costs across hiring periods

Review cost per hire by hiring period, department, or recruiting method to see where hiring expenses are highest.

01 · Calculate

Find your average hiring cost

Use recruiting expenses and hiring totals from the same period.

02 · Save and compare

Keep your recruiting cost breakdown

Email your results and track future hiring periods in the workbook.

Explore the Excel workbook →
03 · Compare recruiting performance · $79

Recruiting Analytics Pack

The Recruiting Analytics Pack brings cost per hire, vacancy costs, recruiter capacity, and agency comparisons together for review.

See what is inside →