The True Cost of Hiring an Employee in 2024
Hundred5
DECEMBER 20, 2023
Fact: Hiring costs are steep. Ultra-low unemployment rates, coupled with an aging workforce and greater affinity for independent work, have been also driving the hiring costs up year-on-year. The average cost per hire was $4,129 in 2019 but rose to $4,700 in 2023, which is a 14% increase.
Let's personalize your content