Tag Archive for: Recruiting KPI

Cost Per Hire: Calculation, Benchmarks, and Strategies for Reduction

Cost-per-hire is one of the most important metrics in recruiting. It shows how much a company spends on average to fill a new position—and makes recruiting efficiency comparable, measurable, and thus optimizable. If you don’t know your cost per hire, you lack a basis for making strategic recruiting decisions. What is the cost per hire? […]