Cost Per Hire Calculator
Measure your recruitment efficiency. Enter your total hiring cost and number of hires — get your cost per hire instantly, plus industry benchmarks to see how you compare.
Includes job ads, agency fees, ATS cost, interviewer time, background checks, etc.
Quick examples
Cost Per Hire
Cost per hire
$8,000
Summary
| Total recruitment cost | $120,000 |
| Number of hires | 15 |
| Cost per hire | $8,000 |
Formula
Total recruitment cost divided by number of hires
$120,000 ÷ 15
Industry benchmark
SHRM benchmark: ~$4,700 avg. Varies by role seniority and industry.
Average
* Cost per hire = Total recruitment cost ÷ Number of hires. Include all internal and external recruiting costs for accuracy.
Understanding cost per hire
What goes into cost per hire
Internal costs
Recruiter and HR team salaries (prorated), hiring manager time spent interviewing, employee referral bonuses, relocation costs, and ATS/HRIS subscription.
External costs
Job board posting fees, recruitment agency/headhunter fees, background check and assessment costs, employer branding campaigns, and career fair expenses.
Low CPH (<$3,000)
Often seen in high-volume hiring, entry-level roles, or organizations with strong employer brand that attracts organic applicants.
High CPH (>$8,000)
Common for executive searches, specialized technical roles, or competitive talent markets where agency fees and signing bonuses are significant.
Automate it
Let SignHR streamline hiring & recruitment
SignHR automates job posting, applicant tracking, offer letters, and onboarding — reducing your cost per hire and time-to-fill.