Aftab
Manager-hr/payroll
Thinkjobz
Recruitment Portal
Joe0506
Senior Hr Professional

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
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
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
Hi Joe, Please find attached the recruitment costs calculator Regards, AJ
From India, Thana

Attached Files
File Type: xls Recruitment Cost Analysis.xls (18.5 KB, 2038 views)

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
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
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