Free Cost Per Hire Calculator - Know Your True Recruitment Cost

Cost per hire is an HR metric that measures the total expense an organisation incurs to fill one open position. It includes internal costs like recruiter salaries, interviewer time, and onboarding, plus external costs such as job boards, agency fees, assessments, and background checks.

Use the SHRM formula: Cost Per Hire = (Total Internal Costs + Total External Costs) / Number of Hires. Enter your recruitment expenses and total hires for the period and the calculator computes it instantly.

According to SHRM, the average cost per hire is approximately $4,700 in the United States. This can vary widely based on role complexity, industry, hiring channels, and overall recruitment strategy.

Include recruiter and HR salary allocation, interviewer time, job board and ad spend, agency commissions, background checks, assessments, onboarding and training expenses, and other hiring-related costs.

Yes. The NextinHR Cost Per Hire Calculator is free to use with no registration, no credit card, and no hidden charges.

Internal costs are incurred inside the company, such as recruiter salaries, interviewer hours, onboarding, and internal referral bonuses. External costs are paid to third parties, such as job boards, agencies, and assessment providers.

Improve employer branding, increase quality referrals, streamline screening with ATS workflows, optimize paid sourcing channels, and reduce time-to-hire to lower recruiter effort per role.

Yes. Reset and reuse the calculator for each role, team, or department to compare recruitment efficiency across hiring plans.

Cost per hire measures end-to-end spend per successful hire, while cost per application measures sourcing spend per applicant. Cost per hire is usually the more strategic budget metric.

Absolutely. The NextinHR Cost Per Hire Calculator supports global currency. Simply select your preferred currency before entering your figures. All benchmarks are provided in selected currencies for easy comparison.