Hi all, How to calculate Annual Recruitment cost of an organization. Is there any formula to apply, if yes, please provide to me. Please revert at the earliest. Regards, Joe
From Korea
2From Korea
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Hi Joe,
Annual recruitment cost = the total consultant fees + cost of portals + cost of recruiters + cost of advertisment + cost of referals.
I can provide you further clarifications if you could provide me further details on this....
Regards
Anurag
From United States
Annual recruitment cost = the total consultant fees + cost of portals + cost of recruiters + cost of advertisment + cost of referals.
I can provide you further clarifications if you could provide me further details on this....
Regards
Anurag
From United States
Dear Anurag,
Thanks for your revert.
I need to calculate the organizations annual average recruitment cost/per employee.
Supposting if my organizations turnover is 100 million, then how I should calculate the recruitment cost.
From Korea
Thanks for your revert.
I need to calculate the organizations annual average recruitment cost/per employee.
Supposting if my organizations turnover is 100 million, then how I should calculate the recruitment cost.
From Korea
Hi Joe,
Annual turnover of the company has no linkage with Recruitment cost.
The formula is quiet simple for Average recruitment cost.
Average cost of Recruitment = Total money spend on recruitment for the period (month or year) / Total number of employees hired in that period.
The calculator shared by AJ is quiet comprehensive and you can use that as well.
Regards
Anurag
From United States
Annual turnover of the company has no linkage with Recruitment cost.
The formula is quiet simple for Average recruitment cost.
Average cost of Recruitment = Total money spend on recruitment for the period (month or year) / Total number of employees hired in that period.
The calculator shared by AJ is quiet comprehensive and you can use that as well.
Regards
Anurag
From United States
Hi Friends
I am working as Assistant Manager-HR, my company provide manpower services like Security/un skilled /skilled workers.
Any body tell me How i registered my company to PT & LWF in Maharashtra, What is the process & documennts required.
My registred office is Delhi.
Thanks & Regards
Aftab
9711543341
From India, Delhi
I am working as Assistant Manager-HR, my company provide manpower services like Security/un skilled /skilled workers.
Any body tell me How i registered my company to PT & LWF in Maharashtra, What is the process & documennts required.
My registred office is Delhi.
Thanks & Regards
Aftab
9711543341
From India, Delhi
Recruitment Cost Analysis.xls
Cost Cutting Chair.jpg