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HIRING GLOSSARY

Cost per Hire

Definition

Cost per hire is the total amount a business spends to fill a role — including job board fees, recruiting software, and the time your team puts in — divided by the number of people hired. Knowing this number helps a small business budget for hiring and judge whether a tool is worth its price. Flat-rate, no-contract software keeps cost per hire predictable instead of surprising.

Also called: cost-per-hire, hiring cost.

Why Cost per Hire matters for small businesses

Cost per hire is the total amount a business spends to fill a role — including job board fees, recruiting software, and the time your team puts in — divided by the number of people hired. Knowing this number helps a small business budget for hiring and judge whether a tool is worth its price. Flat-rate, no-contract software keeps cost per hire predictable instead of surprising.

When you hire at a small business, you usually wear several hats at once — owner, manager, and recruiter. Understanding terms like this one keeps hiring decisions clear and helps you get the most out of an applicant tracking system instead of fighting it.

Hiremint brings job posting, applicant tracking, a branded careers page, and team hiring into one simple applicant tracking system — built only for small business, with flat pricing and no contract.

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