The Reason Companies Should Calculate Cost Per Hire
HR Bartender
AUGUST 17, 2017
Internal recruiting costs include salary and benefits for everyone involved in the recruiting process as well as recruiting software, etc. According to SHRM, the average cost per hire in 2016 was $4,129. Let’s say the organization is planning to open a new location next year. As a result, they will need to hire 10 employees.
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