How much does a hire cost?

What is your cost per hire? Is it going up or declining? Curious as to what the national average is? Software Advice, in partnership with the National Human Resources Association, has been running a survey on companies’ external hiring costs. Specifically, they have been looking at advertising and marketing. Click here to take the survey yourself.

How much does a hire cost?

Here are a few key findings, so far:

  • On average, companies spend $173 on advertising per candidate hired.
  • Small businesses spend more on average for each new hire than larger companies.
  • 85 percent of respondents said job boards were a primary advertising channel for their company.

For the rest of the story, check out the slideshare below. Enjoy…

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Jessica Miller-Merrell

Jessica Miller-Merrell

Jessica Miller-Merrell (@jmillermerrell) is a workplace change agent, author and consultant focused on human resources and talent acquisition living in Austin, TX. Recognized by Forbes as a top 50 social media influencer and is a global speaker. She’s the founder of Workology, a workplace HR resource and host of the Workology Podcast.