Cost per hire, the average amount of money you spend to hire a single candidate, is one of the most important metrics for evaluating the efficiency of your hiring department. Calculating it can help you zero in on inefficient spending, budgeting issues, and opportunities to optimize your expenses. This featured article explains everything you need to know about cost per hire: How to calculate it, how to know if your score is any good, and how you can use this metric to improve your hiring process from start to finish. |