Cost per hire and offer acceptance calculator
What each hire costs, using the ANSI/SHRM formula, and how often candidates accept your offers. It opens on a worked example — change any number. Nothing you enter is saved.
Cost per hire
$3,000
- Offer acceptance rate
- 83.3%
The formula
- Cost per hire = (sum of external costs + sum of internal costs) ÷ total hires in the period
- Offer acceptance rate = offers accepted ÷ offers extended × 100
How to read it
Include the same cost categories every time you compare. Check whether the ANSI/SHRM standard has a newer version before citing it formally.
Definitions, a full worked example and common pitfalls are in our guide: Hiring KPIs: Time to Fill, Cost per Hire and Quality of Hire.
General information, not accounting, tax or financial advice. Definitions vary between companies — match the formula to how your own systems count.