Cost per hire calculator
Enter how many people you hire a year and what each hire costs today. The estimate applies the cost-per-hire reduction customers report with Recruitment Smart.
Estimated results
- Current annual hiring cost
- £1,000,000
- Estimated cost with Recruitment Smart
- £600,000
- Estimated annual saving
- £400,000
How it is calculated
Your annual hiring cost is hires per year multiplied by cost per hire. The estimate with Recruitment Smart applies the average cost-per-hire reduction customers report, taken from our published outcome figures, to that total.
Assumptions
The default figures are illustrative; replace them with your own. The reduction is an average across customers, so your result will depend on your roles, volumes and current process. Platform costs are not deducted.
Talk through your numbers
Your results are added to the message below, so the conversation starts from your figures.
- Hiring velocity +53% · Requisitions filled per period
- Sourcing costs -37% · By surfacing existing and dormant pipeline
- Diversity +34% · With anonymised screening