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This question is about cost of hiring statistics average cost per hire.

What is cost per hire?

By Zippia Team - Feb. 14, 2022

Cost per hire refers to the average amount of money a business spends on hiring a new employee. Cost per hire includes all HR and recruiting costs, including advertising, software, employee's salaries, and more, involved in the onboarding process.

Cost per hire metrics are especially important as they allow companies to budget their recruiting expenses, evaluate their hiring process, and optimize their recruiting strategies.

What is cost per hire?

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