HR & People / Talent Acquisition
Cost per Hire CPH
The average total cost to fill one position.
The fork, why two teams get different numbers
The ANSI/SHRM standard is (external costs + internal costs) / total hires, but the whole argument is what goes in the numerator: agency and search fees, job-board and advertising spend, referral bonuses, relocation and sign-on bonuses, allocated recruiter compensation, ATS tooling, background checks, and travel.
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: ANSI/SHRM Cost-per-Hire Standard (ANSI/SHRM-06001-2012) · SHRM