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The True Cost of Hiring an Employee in 2024

Teamweek

The average cost per hire was $4,129 in 2019 but rose to $4,700 in 2023, which is a 14% increase. We’ve crunched some numbers and sourced statistics to help you estimate the true cost of hiring an employee for your company in 2024. Jobs in the government and defense sectors may also require specialized security clearances.

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What is IT Service Management?

The IIL Blog

As governments and organisations began to utilise IT to run their organisations, the concepts of ‘services’ began to evolve. Figure 1: A comparison of professions As I write in 2024, ITSM has been used for approximately 40 years. ITIL v2 followed this in 2001, ITIL v3 in 2007, and ITIL 4 in 2019.

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