KPI calculator

Cost per Hire Calculator

Enter your values to calculate Cost per Hire. Use the formula and examples below for Excel, Google Sheets, Power BI, and dashboards.

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Calculate Cost per Hire

Result

Formula

Total Recruiting Cost / Number of Hires

Excel formula

=IFERROR(B2/C2,0)

Power BI DAX measure

Cost per Hire =
DIVIDE(
    [Total Recruiting Cost],
    [Number of Hires]
)

Read the complete Cost per Hire formula guide →