Hi all, How to calculate Annual Recruitment cost of an organization. Is there any formula to apply, if yes, please provide to me. Please revert at the earliest. Regards, Joe
From Korea
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Hi Joe,
Annual recruitment cost = the total consultant fees + cost of portals + cost of recruiters + cost of advertisment + cost of referals.
I can provide you further clarifications if you could provide me further details on this....
Regards
Anurag

From United States
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Dear Anurag,
Thanks for your revert.
I need to calculate the organizations annual average recruitment cost/per employee.
Supposting if my organizations turnover is 100 million, then how I should calculate the recruitment cost.

From Korea
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Hi Joe, Please find attached the recruitment costs calculator Regards, AJ
From India, Thana
Attached Files (Download Requires Membership)
File Type: xls Recruitment Cost Analysis.xls (18.5 KB, 2168 views)

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Hi Joe,
Annual turnover of the company has no linkage with Recruitment cost.
The formula is quiet simple for Average recruitment cost.
Average cost of Recruitment = Total money spend on recruitment for the period (month or year) / Total number of employees hired in that period.
The calculator shared by AJ is quiet comprehensive and you can use that as well.
Regards
Anurag

From United States
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Hi Friends,

I am working as an Assistant Manager-HR. My company provides manpower services like security, unskilled, and skilled workers. Can anybody tell me how to register my company for PT & LWF in Maharashtra? What is the process and documents required? My registered office is in Delhi.

Thanks & Regards,
Aftab
9711543341

From India, Delhi
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