The True Cost of Hiring an Employee in 2024
Hundred5
DECEMBER 20, 2023
Fact: Hiring costs are steep. Between employee wage and payroll taxes on one side and recruiting costs on the other, even small businesses can end up spending five figures per new employee. The average cost per hire was $4,129 in 2019 but rose to $4,700 in 2023, which is a 14% increase.
98 
Let's personalize your content