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 Cost Of Recruitment
Author:david
Date:Wednesday, 15th Jul 2009 12:37
Views:529 (excluding Digests and RSS feeds)
Category:Other
URL:http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=188794

Hi

I'm trying to get some figures which break down the cost of recruiting from a client point of view. Ideally i want figures from a time and motion study around costs of advertising, writing the ad, CV sift, responding to candidates etc....

Does anyone have anything like this?

Thanks

David

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 Re: Cost Of Recruitment
Author:craig
Date:Wednesday, 15th Jul 2009 13:35
Views:40 (excluding Digests and RSS feeds)
Category:Other
URL:http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=188794

I did some costing for a client last year.

It all depends though on what they use, how bog they are, how many jobs they advertise per month etc....

There are many aspects, but per job I reckon if they use paid advertising like a job board or newspaper. Add the fact that they obviously need to employ someone to sift CV's and organise feedback and interviews. I would say roughly £500 per job if they use paid advertising.

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 Re: Cost Of Recruitment
Author:Don McIntosh
Date:Monday, 20th Jul 2009 22:07
Views:53 (excluding Digests and RSS feeds)
Category:Other
URL:http://web.ukrecruiter.co.uk/forum/Forum/read.php?i=188794

The CIPD normally produce an annual Recruitment & Retention survey.
The latest figures I have are for the 2007 survey which details 2 elements for recruitment cost for different levels of recruitment (new or replacement staff), the average for all employees is:
- Cost of recruitment (advertising, agency or search fees) = £4,333
- Cost of labour turnover (vacancy cover, recruitment/selection, training and induction costs) = £7,750

Regards Don


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