Recruitment MetricsCost Per Hire: How to Calculate It Correctly and What It Actually Tells You
A cost-per-hire number calculated with an ad hoc internal method can't be meaningfully benchmarked against anything, and most informal calculations badly undercount internal costs like interviewer time, which is often larger than the entire external cost category. This guide covers the standardized formula and why it matters, the internal cost components companies consistently miss, why cost per hire must always be read alongside a quality-of-hire metric, and how to segment the data to actually drive decisions.













































































































































