Cost Per Hire Calculator

About This BizTool

Estimated Time

  • 4-5 minutes

Objectives

  • This human resource planning tool helps you estimate how much money you're spending for each new hire.
  • Find out where your money is going during the employment process.
  • The results may give you some ideas of how to reduce your hiring cost.

See Sample Results

Sample Results for Cost Per Hire Calculator

What are your hiring costs?

Employment cost has skyrocketed in recent years. Most of this cost involves administrative and management time. Do you know how much it costs to hire employees in various jobs in your organization?

If you don't know the exact answer to a question in this BizTool, make an educated guess. We'll use your answers to estimate how much it costs each time you say "you're hired" to a new employee. The results may surprise you!

Be smart and reduce your hiring costs now

  • Our skills tests, personality tests, and job interviews can help you maximize the chances of identifying high performers and minimize the costs of hiring low performers.
  • Contact us to let us know about your business needs regarding recruitment and selection issues.
  • Also use our Human Resource Investment Calculator to find out how much money is going down the drain if you hire and train people who don't have what it takes to be successful in your company.
  • Start BizTool