Cost-Per-Hire (CpH) - HR Glossary

HR Glossary - Cost-Per-Hire (CpH) - Hireforce
HR Glossary - Cost-Per-Hire (CpH) - Hireforce

The cost-per-hire (CpH) statistic is used to calculate the overall cost of recruiting and hiring a new employee, which includes expenditures such as job listings, recruiter fees, and onboarding costs.

Example

An e-commerce business has hired a new software engineer. The firm spends $10,000 on job advertisements, recruiter fees, and hiring-related expenditures. The cost per hire for this post is $10,000.

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