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Actual exam question for HRCI's aPHRi exam Question #: 160 Topic #: 3
An organization spends US $200,000 to hire 50 people within a year with an average recruitment timeline of 100 days. The cost per hire is US $ ______.
Suggested Answer:
$4,000 Explanation: Comprehensive and Detailed in Depth Explanation: The cost per hire is calculated by dividing the total recruitment cost by the number of hires. The formula is: Cost per hire = Total recruitment cost ÷ Number of hires. Given: Total recruitment cost = $200,000, Number of hires = 50. Cost per hire = $200,000 ÷ 50 = $4,000. The average recruitment timeline (100 days) is not relevant to this calculation. Thus, the cost per hire is $4,000. This metric is commonly used in HR to evaluate recruitment efficiency. Reference: aPHRi knowledge domain - Recruitment and Selection: Calculating recruitment metrics, such as cost per hire.
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