How to calculate Annual Recruitment cost of an organization?

Joe0506
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
kumaranurag1982
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
Joe0506
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.
thinkjobz
Hi Joe,
Please find attached the recruitment costs calculator
Regards,
AJ
1 Attachment(s) [Login To View]

kumaranurag1982
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
aftab
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
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