Cost-per-Hire Report Excel Template

Product Description:

Optimize your recruitment budget with our Cost-per-Hire Report Excel Template. This template helps HR professionals and recruiters calculate and analyze the total cost of hiring employees across various departments and roles. With a focus on key recruitment expenses—such as advertising costs, recruitment agency fees, employee referrals, and onboarding expenses—this template provides a clear view of your hiring costs. Use it to monitor your cost-efficiency and make data-driven decisions to reduce recruitment expenses.

Cost-per-Hire Report Excel Template Key Features:

• Customizable Fields: Track specific costs such as job advertisements, recruiter fees, interview expenses, onboarding, and other related hiring costs.
• Automatic Calculations: Built-in formulas to calculate total cost-per-hire for individual roles, departments, and overall company hiring.
• Expense Categorization: Organize and categorize costs into specific areas such as sourcing, interviewing, training, and onboarding for clearer analysis.
• Data Visualization: Includes charts and graphs to display your cost-per-hire metrics over time, helping to spot trends and areas for improvement.
• Budget Comparison: Track actual expenses against budgeted costs to understand where you can cut back or allocate resources more effectively.
• Comprehensive Overview: View total recruitment costs across all roles, compare costs between departments, and analyze time-to-hire versus cost-efficiency.

Why Use This Cost-per-Hire Report Excel Template?

• Optimize Recruitment Budget: Understand exactly where your hiring budget is going and identify areas to cut unnecessary costs.
• Increase Cost Efficiency: Measure cost-per-hire to improve ROI on recruitment and find ways to reduce hiring expenses without compromising quality.
• Data-Driven Insights: Generate reports to present to stakeholders, showing recruitment cost trends and areas where the process can be improved.
• Streamlined Reporting: Provide clear, easy-to-read visualizations and reports on recruitment expenses to justify budget requests or cost-saving measures.

Who Can Benefit?

• HR Professionals & Recruiters
• Talent Acquisition Teams
• Recruitment Agencies
• Hiring Managers
• Small & Medium Enterprises (SMEs)
• Large Corporations

File Format: Excel (.xlsx)
Compatibility: Works seamlessly with Microsoft Excel, Google Sheets, and other spreadsheet software.

How to Use Cost-per-Hire Report Excel Template:

1. Download the Cost-per-Hire Report Excel Template.
2. Input costs related to your recruitment process, such as job advertisements, recruiter fees, and onboarding.
3. Analyze your cost-per-hire metrics using automated calculations and generate reports to improve cost-efficiency.