The True Cost of Hiring an Employee in 2024
Teamweek
DECEMBER 20, 2023
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. Check the latest industry benchmarks for more accurate cost estimates.
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