How to calculate Annual Recruitment cost of an organization?

Hi all, How to calculate Annual Recruitment cost of an organization. Is there any formula to apply, if yes, please provide to me. Please revert at the earliest. Regards, Joe
30th May 2008 From Korea

Hi Joe,
Annual recruitment cost = the total consultant fees + cost of portals + cost of recruiters + cost of advertisment + cost of referals.
I can provide you further clarifications if you could provide me further details on this....
Regards
Anurag
30th May 2008 From United States

Dear Anurag,
Thanks for your revert.
I need to calculate the organizations annual average recruitment cost/per employee.
Supposting if my organizations turnover is 100 million, then how I should calculate the recruitment cost.
30th May 2008 From Korea

Hi Joe, Please find attached the recruitment costs calculator Regards, AJ
30th May 2008 From India, Thana

Attached Files (Download Requires Membership)

Recruitment Cost Analysis.xls (18.5 KB, 2108 views)

Hi Joe,
Annual turnover of the company has no linkage with Recruitment cost.
The formula is quiet simple for Average recruitment cost.
Average cost of Recruitment = Total money spend on recruitment for the period (month or year) / Total number of employees hired in that period.
The calculator shared by AJ is quiet comprehensive and you can use that as well.
Regards
Anurag
30th May 2008 From United States

Hi Friends
I am working as Assistant Manager-HR, my company provide manpower services like Security/un skilled /skilled workers.
Any body tell me How i registered my company to PT & LWF in Maharashtra, What is the process & documennts required.
My registred office is Delhi.
Thanks & Regards
Aftab
9711543341
7th January 2018 From India, Delhi