Total recruiting cost across advertising, agency fees, referral bonuses and internal time.
The result is the signed sum of its components: positive items are added and deductions subtracted. Expressing it as a share of the positive components shows how much of the gross figure survives to the bottom line. Working the recruitment budget up from its components makes clear which line is moving it, which a single headline number hides.
Recruiting Cost
Total Recruiting Cost = Job advertising and sourcing tools + Agency and search fees + Referral bonuses paid + Internal interviewer and coordinator time + Assessments and background checks
Total Recruiting Cost = Job advertising and sourcing tools + Agency and search fees + Referral bonuses paid + Internal interviewer and coordinator time + Assessments and background checks The result is the signed sum of its components: positive items are added and deductions subtracted. Expressing it as a share of the positive components shows how much of the gross figure survives to the bottom line.
Working the recruitment budget up from its components makes clear which line is moving it, which a single headline number hides.
This calculator takes 5 inputs: Job advertising and sourcing tools, Agency and search fees, Referral bonuses paid, Internal interviewer and coordinator time, Assessments and background checks. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.