BOOK A FREE DISCOVERY CALL TODAY
| Definition | The average amount of money spent to hire a new employee. |
|---|---|
| Calculation | Total cost of all hiring activities divided by the number of new hires. |
| Unit of Measurement | Currency |
| Function | Core HR |
| Method of Estimation | Identify all the costs involved in the hiring process and add them up. Divide this figure by the number of new hires in a given period. |
| Timeframe | Monthly or Quarterly |
Return to the full list of HR KPIs
Agile HR Analytics strives to help organizations build a data-driven culture in their HR departments.
We build innovative HR & People Analytics solutions and dashboards to help HR managers discover useful HR insights for strategic decision making.
We have a large partner network to support our clients in different regions and countries including:
Australia, Asia, Europe, and the United States.