Cost Per Hire Calculator

Cost per hire is the total amount spent on recruiting divided by the number of hires made. It includes internal costs (recruiter salaries, interview time) and external costs (agency fees, job boards, background checks). The SHRM benchmark average is $4,700 per hire.

Include recruiting agency fees, job board subscriptions, advertising costs, applicant tracking software, interview expenses (travel, meals, team time), background checks, onboarding costs, relocation packages, and signing bonuses. Both internal and external costs matter.

Focus on employee referral programs (typically 50% cheaper), build a talent pipeline, improve employer branding, optimize job postings for organic traffic, use AI screening tools, and reduce time-to-hire since longer searches cost more.

SHRM reports the average CPH is $4,700, but this varies widely. Entry-level roles may cost $1,500-$3,000, mid-level $5,000-$10,000, and executive hires $15,000-$50,000+. Tech roles tend to be 20-30% higher than average.

Dewx OPS Hub streamlines recruiting with AI-powered candidate screening, automated interview scheduling, centralized applicant tracking, and analytics that identify the most cost-effective hiring channels for your organization.