Cost-per-hire

Coordinator (Service Coordinator)
June 9, 2015
Day Labor
June 9, 2015
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Cost-per-hire

A common measure used in human resources to evaluate the average costs incurred in recruiting and hiring new employees. Generally the equation is total recruitment costs divided by total number of new hires. Typical components of this measure include relocation costs, advertising/job board fees, interviewing expenses, referral bonuses, recruitment staff compensation, skills assessment and pre-employment screening.