What is the cost of hiring

Study shows it costs about $43,000 to hire an executive and $3,300 to hire a clerical worker
By Alan Davis
|Canadian HR Reporter|Last Updated: 06/04/2003


ost-per-hire is the most commonly encountered metric in the recruiting arena. It can apply both to internal promotions or transfers, as well as new hires from outside the organization.

Unfortunately, however, there appears to be no consistent standard of measurement. Making comparisons of cost-per-hire dollar amounts between different organizations can be extremely misleading. Management time and overhead costs are sometimes included and sometimes excluded in the calculation. However, internal consistency of measurement within the same organization does provide reasonable comparison of one cost-per-hire over another.