How Much Does it Really Cost to Hire Someone?

Total Cost is AED 106,150.00. Cost per hire is the expenditure outlaid in order to bring a candidate on board. There are many factors affecting the total cost per hire including recruiting expenses, relocation expenses, agency and search fees, advertising, travel costs, employee referral bonuses, hidden costs, etc. Cost per hire can be a vital metric of reporting to prove the value of the HR department and their processes, as well as allowing for reduction in total HR cost and improve the overall recruitment process. Here is a sample calculation we have done for cost per hire in Dubai.
Enhanced by Zemanta


Post a Comment

About Me

My photo
A change agent who successfully led and supported HR transformations across a variety of industries, making significant progress in reducing costs and improving operating effectiveness through HR system and process improvements, organizational excellence programs (EFQM Model), shared services, centers of excellence, outsourcing and employee self-service. Commercially oriented and capable of driving the best practices in the areas of HR business partnering, talent management, total rewards, performance management, talent acquisition, HR information systems and localization.