Cost per Hire
A recruiting metric that estimates hiring cost by dividing recruiting spend by the number of hires.
References
- BLS Human Resources Specialists occupational profile
U.S. Bureau of Labor Statistics
Official labor profile covering recruiting, interviewing, placement, and HR work used as hiring-operations context.
FAQs
- What can affect cost per hire?
- Source mix, role difficulty, agency use, job advertising, recruiter workload, assessment tools, background checks, and market conditions can all affect it.
- Why can cost per hire be misleading?
- It can be misleading when cost categories, date ranges, source attribution, internal labor, quality, and retention outcomes are not clearly included.
Related Terms
Time to Hire
A recruiting metric that measures how long it takes to move a candidate from application or contact to hire.
Quality of Hire
A recruiting outcome metric for how well a hire performs, stays, and fits the role after joining.
Sourcing
The process of finding, identifying, and engaging potential candidates before or during a hiring process.
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