Advanced Recruitment Cost Calculator

 




Advanced Recruitment Cost Calculator


Advanced Recruitment Cost Calculator

Calculate total recruitment expenditure and cost per hire using internal and external hiring expenses.

1. Recruitment Details

Enter all expenses for the same selected period. Enter 0 where an expense does not apply.

2. Internal Recruitment Costs (₹)

3. External Recruitment Costs (₹)

How to Use

  1. Select Monthly or Annual, matching the period of the expenses.
  2. Enter the number of employees hired in that period.
  3. Enter internal and external recruitment expenses.
  4. Use 0 for categories with no expense.
  5. Select Calculate Recruitment Cost to view the results.
  6. Select Reset to clear every field and the results.

Recruitment Cost Formulas

Total Internal Cost = Recruiter Cost + Interview Cost + Referral Payouts + Other Internal Costs

Total External Cost = Job Portal Cost + Agency Fees + Candidate Travel + Other External Costs

Total Recruitment Cost = Total Internal Cost + Total External Cost

Cost per Hire = Total Recruitment Cost ÷ Number of Employees Hired


Worked Example: Recruitment Cost Calculation

Suppose a company hires 5 employees in one month. Its recruitment expenses are:

Recruitment Expense Amount
Recruiter and HR team cost ₹20,000
Interview and assessment cost ₹5,000
Employee referral payouts ₹3,000
Job portals and advertising ₹8,000
Recruitment agency fees ₹12,000
Candidate travel and logistics ₹2,000
Other internal and external costs ₹0
Total Recruitment Cost ₹50,000

Calculation:

  • Total recruitment cost = ₹50,000
  • Employees hired = 5
  • Cost per hire = ₹50,000 ÷ 5
  • Cost per hire = ₹10,000

The company spends an average of ₹10,000 to recruit each employee during this period.


Disclaimer

This calculator provides an estimate based on the expenses entered. For consistent comparisons, use the same cost categories and period. Whether to include allocated salaries, recruitment software, background checks or onboarding costs depends on your organisation's cost-per-hire methodology. This is not a financial audit.

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