Calculate the true cost of hiring across all categories. Understand where your recruiting budget goes and identify opportunities for savings.
~$495 per 30-day posting
~$150 per sponsored post
~$400 per posting average
Background checks, assessments, etc.
Industry average: 42 days
• Your largest cost is productivity loss from vacant positions
• Industry benchmark for cost-per-hire: $4,700 (SHRM 2023)
• You're spending above the industry average
• Reducing time-to-fill by 20 days could save $102,808/year