There are a few common mistakes to avoid when calculating cost per hire:Excluding hidden costs. Omitting expenses like overtime pay or interview travel costs can skew the true cost per hire.
Factoring in unsuccessful hires. Including costs associated with unfilled positions or unsuccessful hires can provide an inaccurate picture of the CPH.
Focusing solely on minimizing CPH. While cost reduction is important, neglecting the quality of the hires can be detrimental in the long run.