Cost Per Hire Calculator

    Measure how much each new hire costs to recruit. The tool combines internal and external recruiting expenses and divides by the number of hires made.

    Calculator

    ₹
    ₹
    Total Recruiting Cost
    ₹2,00,000
    Cost per Hire
    ₹40,000
    vs SHRM Benchmark

    SHRM benchmark: ₹35,000

    14.29%

    How the Calculation Works

    1. 1Enter total external recruiting costs
    2. 2Add internal recruiting costs and time
    3. 3View the average cost per hire

    Frequently Asked Questions

    What goes into cost per hire?

    It includes advertising, agency fees, referral bonuses, tools, and the time recruiters and interviewers spend on hiring.

    How do I lower cost per hire?

    Strengthening referrals, building a talent pipeline, and improving the funnel reduce reliance on costly agencies and ads.

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