# Cost Per Hire Calculator – Cost Per Page Calculator

Cost per hire refers to the measurement of the total cost that a company spent on hiring employers. Easily measurement it by this free cost per hire calculator.

## Cost Per Hire Calculator

Enter Internal costs, External costs, Number of Hires and hit anywhere

## What is Cost Per Hire in Recruitment:

Cost per hire in recruitment means how much charge has been spent by a company for hiring employers. We can calculate it by total internal cost plus total external cost divided by total numbers of hires.

## What is the Recruitment Budget?

Recruitment budget means to total cost where a company spent for Appointment. It includes internal and also external costs. To better understand, follow the list of these 2 sectors.

#### Internal Cost Sectors:

Internal cost means to that has spent on internally at company.

• Employers salaries
• Candidate assessment costs
• Interview costs

#### External Cost Sectors:

External cost means to company spent that money outside of their company.

• Recruiting events
• Recruiter fees

## How to Calculate Cost Per Hire in Recruitment?

How we calculate the cost per hire on our calculator? It’s a straightforward process! Just follow the below formula.

### CPH Calculation Formula

The exact formula is:

Cost per hire (CPH)=(Internal cost + External cost) / Number of Hires

### CPH Calculation Example

Suppose a company spent \$3000 internally and \$1000 externally for 5 employees hire. Now see the example of how to calculate it.

CPH= (3000+1000) ÷ 5

=4000÷5

=800

## Cost Per Hire Calculator Excel:

It’s really super easy to calculate CPH on excel also. Just take 2 columns and 4 ROWS. Then input in serially like the below table:

Now take another row and type CPH on first column and then type this formula on second column:

Note: Replace the text with your cell number

=(Internal cost + External cost) ÷ Number of Hires

Unfortunately if you can’t understand then look at the below screenshot.