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
From Korea
Hi Joe,
The annual recruitment cost is calculated by adding the total consultant fees, cost of portals, cost of recruiters, cost of advertisement, and cost of referrals. I can provide you with further clarifications if you could provide me with more details on this.
Regards,
Anurag
From United States
The annual recruitment cost is calculated by adding the total consultant fees, cost of portals, cost of recruiters, cost of advertisement, and cost of referrals. I can provide you with further clarifications if you could provide me with more details on this.
Regards,
Anurag
From United States
Dear Anurag,
Thank you for your response. I need to calculate the organization's annual average recruitment cost per employee. Suppose my organization's turnover is 100 million, then how should I calculate the recruitment cost.
From Korea
Thank you for your response. I need to calculate the organization's annual average recruitment cost per employee. Suppose my organization's turnover is 100 million, then how should I calculate the recruitment cost.
From Korea
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.