Cost Per Hire Calculator

Calculate standard Cost per Hire (CPH) metrics using the ANSI standard formula `(Internal Costs + External Costs) / Total Hires`. Itemize recruiter salaries, agency fees, job board posting fees, and referral bonuses.

Why Use This Tool?

• Recruitment Budgeting: Measure the true financial efficiency of your talent acquisition team.
• Agency vs In-House ROI: Compare external staffing agency costs against internal recruiter expenses.
• Executive Reporting: Present clean CPH metrics to CFOs and VP of Talent.

How to Use

1. Enter Internal Expenses (Recruiter salaries, interview time, referral bonuses).
2. Enter External Expenses (Agency fees, job board ads, career fairs, background check software).
3. Enter Total Number of Hires to calculate average Cost per Hire.

Real Working Example

Input:

Internal: $15,000 | External: $25,000 | Total Hires: 8

Output Result:

Total Recruiting Spend: $40,000 | Cost per Hire (CPH): $5,000 per hire

Important Technical Details & Formulas

• ANSI Standard Compliance: Follows ANSI/SHRM Cost per Hire benchmark standard equations.
• Subcategory Cost Breakdown: Itemizes internal recruiter time, software tool licenses, and agency commission.
• 100% Local Execution: Recruiting financial data stays private in browser memory.

Related HR & Recruiting Tools

• Time to Hire Calculator: Calculate time to hire metrics.
• Employee Turnover Calculator: Calculate turnover and replacement costs.
• Job Description Generator: Build structured job descriptions.