4 Key Factors Influencing  Cost-per-Hire

#1  Industry

Different industries have varying costs depending on skills, roles, demands & industry standards

      

#2 Location

Hiring costs for offices in metro cities are much higher than hiring for 2 and 3-tier cities, driving many companies to run operations from smaller cities or towns

      

#3 Position & Level

Costs incurred vary drastically while hiring executive, management, and non-management candidates with a premium for qualified candidates with niche & in-demand skills

      

#4 Company Size

Larger companies & Enterprises often have a higher Cost-per-Hire based on the skills & expertise required for their products & services

      

To understand the Time-to-Hire metric and how to leverage it to hire exceptional talent, read