It is important to remember that no measure should be considered in isolation, and a high or low cost-per-hire alone means little by itself. Cost-per-hire says nothing about the quality of your hires or the satisfaction of your customers, or the overall success of your recruiting program, so don’t confuse a low cost-per-hire with a positive result. What cost-per-hire can do is help you examine the various components in your recruiting program to determine how you are spending your recruiting dollars and where you are getting the best value for your dollar. It can also help you explain the need for resources. For example, you may find that your prerecruiting activities represent a substantial portion of your overall cost-per-hire. You may want to look at each specific activity to determine if something needs to be altered or if, indeed, the money spent is well worth the investment.