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  • Cost-Per-Hire Varies by Way Employers Calculate Budget

    October 04, 2019 | By NACE Staff

    Trends & Predictions
    Two recruiters outside their office building.

    TAGS: operations, trends and predictions, surveys, benchmarks, spotlight

    Spotlight for Recruiting Professionals

    When it comes to cost-per-hire, the average amount is dependent on the way employers calculate their budgets.

    Among employers responding to NACE’s 2018 Recruiting Benchmarks Survey that included personnel costs in their recruiting budget, the average cost-per-hire was $6,110. (See Figure 1.)

    In comparison, the average cost-per-hire was $1,533 for employees that did not include personnel costs in their budget.

    Data collection for NACE’s 2018 Recruiting Benchmarks Survey Report took place from June 20, 2018, to September 10, 2018; 218 firms participated. The 2018 Recruiting Benchmarks Survey Report is available free to members through MyNACE. An executive summary of the report is available through the NACE Store.

    Figure 1: Cost-per-hire, with and without personnel costs included

      Mean Percentile 25 Median Percentile 75
    Personnel costs included $6,110 $1,220 $4,211 $5,391
    Personnel costs not included $1,533 $354 $616 $2,095
    Source: 2018 Recruiting Benchmarks Survey Report, National Association of Colleges and Employers