Cost-per-Hire Standard - SHRM Online

1 ANSI/SHRM AN AMERICAN NATIONAL Standard FOR. HUMAN RESOURCE MANAGEMENT. Cost-per-Hire Standard Approved February 8, 2012. American National standards Institute, Inc. NOTICE AND DISCLAIMER. The information in this publication was considered technically sound by the consensus of those who engaged in the development and approval of the document at the time of its creation. Consensus does not necessarily mean that there is unanimous agreement among the participants in the development of this document. This SHRM HR Standard was developed through a voluntary consensus standards development process.

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7 foreword The information contained in this foreword is not part of this American National Standard (ANS) and has not been processed in accordance with ANSI's requirements for an ANS. As such, this foreword may contain material that has not been subjected to public review or a consensus process. In addition, it does not contain requirements necessary for conformance to the Standard . ANSI guidelines specify two categories of requirements: mandatory and recommendation. The mandatory requirements are designated by the word shall and recommendations by the word should. Where both a mandatory requirement and a recommendation are specified for the same criterion, the recommendation represents a goal currently identifiable as having distinct compatibility or performance advantages.

8 ABSTRACT. This Standard is designed as a tool to allow an organization to determine accurate and comparable costs of recruitment through a Standard algorithm to calculate the recruiting costs to be incorporated into Cost-per-Hire . The Standard is structured at a high level. Specific consideration and responses are also addressed for consideration by individual organizations based on specific hiring environments and requirements. ANSI/SHRM iii WORKGROUP MEMBERS. It is recognized that the following Staffing and Workforce Planning (SWP) Cost-per-Hire Workgroup members are responsible for the Cost-per-Hire baseline text: Workgroup Leader: Jeremy Shapiro, Morgan Stanley Associate Workgroup Leader: Andrew Gadomski, Aspen Advisors Nancy Anheier, HR Direction, LLC Maureen Henson, Mercy Memorial Louis Poore, Shell Oil Company Hospital System John Ansted, Ingersoll Rand Randi Schoenfelder, Theodolite John Heyliger, ProBuild Holdings, Human Capital, LLC.

9 Tom Becker, COMSYS IT Partners Inc. Jeremy Shapiro, Morgan Stanley Steve Berchem, American Staffing Christine Hirsch, Recruiters World Association Darren Shearer, SuccessFactors, Inc. Gail Johnson, Merrill Corporation Karl Brummer, Cross Keys Village Kristen Smuder, University of Gregory Karanastasis, The McGraw- Central Florida Michael Cianciola, MathWorks, Inc. Hill Companies Dr. Gary Stroud, Franklin University Eileen Dalton, Port Authority of NY. Timothy Keefe, CH2M HILL. & NJ Jeff Struve, Human Capital and Dan Kilgore, Riviera Advisors, Inc. Talent Acquisition Solutions Thomas Darrow, Talent Connections, LLC, and Career Spa, Yves Lermusi, Checkster Sally Wade, Mitsubishi Electric LLC Power Products, Inc.

10 Dr. Steven Lindner, The WorkPlace Dr. Domniki Demetriadou, Group, Inc. Bill Ziegler, UBS. DeMetric Consulting Corporation Brad Loewen, Fiserv Dr. Ryan Zimmerman, Texas A&M. John Flato, Universum University Patricia Mathews, Workplace Andrew Gadomski, Aspen Advisors Solutions Consultants Tom Zinser, Taleo Daniella Gigante, Schering-Plough Shannon Myers, Walton Search, LLC. Cathy Henesey, Children's Medical Lawrence Newman, Consultant Center of Dallas Elaine Orler, Talent Function Group LLC. iv AMERICAN NATIONAL Standard . TASKFORCE MEMBERS. At the time it approved this document, the Staffing and Workforce Planning (SWP) Taskforce, which is responsible for this Standard , had the following members: Taskforce Leader: Russel Klosk, HP (2011-present); Gerry Crispin, CareerXroads (2009-2011).