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Cost Per Hire Calculator

Build your real cost to fill a role on the SHRM and ANSI standard. Enter your external recruiting spend and the recruiter and hiring manager hours. The workbook prices the staff time most teams miss.

FormatCalculator
Contents4 PDF guides, 1 Excel workbook
UseDownload and keep

$29

  • Editable operating files, not a subscription
  • Immediate access through the secure TrueStep HR store
  • Built and reviewed under the published TrueStep HR standard

Digital products carry a 30-day money-back guarantee. General HR information, not legal advice.

Need it working, not sitting in Downloads?

Add a one-hour setup session · $149

Bring the purchased tool and your live situation. A TrueStep HR practitioner helps you set the inputs, make the first decisions, and leave with a usable next step.

See the Setup Session →

What this closes

A practical system that moves the decision into real work.

Enter last year’s recruiting spend and your hire count. The workbook returns cost per hire on the SHRM and ANSI definition, so the number holds up in a budget meeting.

DecisionHire someone
IndustryCross-industry
Files4 PDF guides, 1 Excel workbook
ReviewBuilt to the published release checks; sources and change notes sit beside the catalog.

What is inside

Every file in the download, by name.

Taken from the kit’s own Start Here guide, so what you see here is what you open after checkout.

Excel · useCost Per Hire Calculator: 5 tabs: Start Here, Cost Per Hire Calculator, Benchmark, Summary, and Notes.
PDF · printQuick Reference: the whole workbook on one page: what each tab is for, what you enter, and how to read the result.
PDF · readUsing This Workbook in Google Sheets: how to upload the file to Google Sheets and exactly what to check afterward.
PDF · keepTrueStep HR Product License: what you may and may not do with the files you purchased.

How to use it

What this workbook does

This workbook gives you the real cost to fill a role using the SHRM and ANSI standard: total internal plus external recruiting costs for a period, divided by the number of hires. You enter your costs in the amber cells and it returns your cost per hire, the split between internal and external spend, and how the figure compares to the national benchmark. For a single quick estimate, you can run one hire; for a true rate, use a full

Your first 15 minutesOpen the Cost Per Hire Calculator workbook in Microsoft Excel or a free equivalent such as LibreOffice. The first tab, Start Here, walks you through every tab. Open the Cost Per Hire Calculator tab and replace the amber cells with your numbers for the period you want to measure. Read your cost per hire, the internal versus external split, and the percent of first-year salary.
Cost Per Hire Calculator — the Start Here guide from the download, listing every file and the order to use them.

Before you buy

Clear answers to the practical questions.

The point of a product page is to let you judge the work before checkout.

What exactly do I receive?

4 PDF guides, 1 Excel workbook, each one named in the What is inside section above. The purchase is a download, not a subscription, and the files are yours to keep.

Are these the real screenshots?

Yes. The preview images on this page are taken from the current deliverable, so you can judge the structure and writing before buying.

Can I use the files in my business?

The files are designed to be edited for your own internal operations. Review the included license and have legal counsel check decisions that require jurisdiction-specific advice.

What if I need help applying it?

Use the $149 Setup Session for one hour of implementation help on this tool. TrueStep HR does not offer broader consulting engagements. For a legal question, use qualified counsel.

Extend the system

Build on this decision.

These products address the next connected step in the same situation, operating method, or industry.

Time-to-Fill Cost Calculator — the 5 files in this download shown as a stack of real pages: Excel + PDF, 13 pages in all.
CalculatorTSHR-005

Time-to-Fill Cost Calculator

Put a number on the cost of leaving a role open. Enter each role’s salary, the value it produces, and the days it has been open, and the workbook returns the net cost of the vacancy, the cost across every open role, and what hiring faster would save.

Vacancy Cost Calculator — the 5 files in this download shown as a stack of real pages: Excel + PDF, 16 pages in all.
CalculatorTSHR-006

Vacancy Cost Calculator

See what open roles cost you in a year, and what you save by filling them faster or keeping people longer. Enter your headcount, turnover, and time to fill, and this Excel workbook returns the annual vacancy cost, the average seats empty at any moment, and the saving from each lever.

Recruiter Capacity Planner — the 5 files in this download shown as a stack of real pages: Excel + PDF, 19 pages in all.
CalculatorTSHR-012

Recruiter Capacity Planner

Size the recruiting team your pipeline needs. Enter your open reqs by complexity and your current team. The planner returns the recruiters you need and who on the roster is over or under capacity.