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- Title
The Importance of Cost Per Hire.
- Abstract
The article presents an abstract of the paper "The Importance of Cost Per Hire," by Barbara Davison, published in the January 2001 issue of the periodical "Workforce." The business enterprises that utilize cost per hire as a metric are better able to perform cost analyses to decide whether or not to adopt applicant tracking. The Saratoga Institute has identified six elements to calculate cost per hire. These include advertising, agency and search firm fees, referral bonuses paid to employees, travel costs incurred by recruiters and applicants, relocation costs and company recruiter costs.
- Subjects
LABOR costs; COST analysis; ADVERTISING agencies; JOB hunting; EMPLOYEE recruitment; PERIODICALS
- Publication
Benefits Quarterly, 2001, Vol 17, Issue 2, p76
- ISSN
8756-1263
- Publication type
Abstract