Business

Cost Per Hire Calculator

Total recruiting spend divided by hires made.

Enter your values

ⓘ Live results

Results
Cost per hire
$3,333.33
Total recruiting spend
$20,000.00
External share
60%
Annualised at this pace
$80,000.00

Quick answer

Cost per hire is total internal plus external recruiting cost divided by the number of hires in the period.

CPH = (external + internal cost) / hires

How to use the Cost Per Hire Calculator

  1. 1Add up job ads, agency fees and tooling as external costs.
  2. 2Estimate recruiter and interviewer time as internal costs.
  3. 3Divide by hires completed in the same window.

Worked example

Using the values the calculator loads with:

Inputs

  • External costs12000 $
  • Internal costs8000 $
  • Hires made6

Results

  • Cost per hire$3,333.33
  • Total recruiting spend$20,000.00
  • External share60%
  • Annualised at this pace$80,000.00

Frequently asked questions

What is a good number?

US averages sit near $4,000-$5,000 per hire, far higher for executive or niche technical roles.

Should I include onboarding?

No. Keep onboarding separate so recruiting efficiency is measured cleanly.

About this calculator

Results are estimates for general information. For medical, legal, structural or financial decisions, confirm with a qualified professional.