SHRM & Indian Talent Acquisition Framework
Cost Per Hire & Recruitment Budget Calculator
Calculate your true Cost Per Hire (CPH) across agency commissions, job portal subscriptions, internal recruiter salaries, and engineering interview time.
Load Preset Profile:
1. Hiring Volume & Roles
25 hires / year
2 hires50 hires100 hires150+ hires
12.0 LPA (₹12.00 Lakhs)
2. Placement Agency Dependency
30% (8 of 25 hires)
0% (100% In-House)30% (Standard)60% (High Dependency)100% (Fully Outsourced)
8.33% of 1st year CTC
3. Internal Team & Job Portal Overhead
₹3.50 Lakhs
2 members
₹65,000/mo
Your Calculated Cost Per HireAverage
₹1.13 Lakhs/ hire
Total Annual Recruitment Budget:₹28.22 Lakhs
Spend Allocation100%
Placement Agency Commissions:
₹8.00 Lakhs (28%)In-House Recruiter Salaries:
₹15.60 Lakhs (55%)Portals & Sourcing Licenses:
₹3.50 Lakhs (12%)Interviewer Time Overhead:
₹1.13 Lakhs (5%)Indian Industry Benchmark
The typical Cost Per Hire for an Mid-Market Tech & Product is ₹75,000 to ₹1.20 Lakhs. Your team is currently at ₹1.13 Lakhs.Opportunities to Optimize Your Hiring Spend
Disciplined Agency Spend: Agency spend is well-controlled at 28% of total budget.
First-Round Screening Time: Your engineering & hiring managers spend ~113 hours conducting screens. Automating initial phone or video rounds reclaims up to 70% of those hours.
Looking to reduce external agency and portal reliance? Explore RecruitKar’s credit pool for sourcing and autonomous AI candidate pre-screening.
Recruitment Cost & ROI FAQs
How Indian talent acquisition teams model cost-per-hire and optimize agency spend.
The standard formula established by SHRM and Indian HR bodies is: Total Cost Per Hire = (Total External Sourcing Costs + Total Internal Recruiting Labor Costs) ÷ Total Number of Hires. External costs include agency placement fees, job board licenses (Naukri, LinkedIn), and candidate assessment tools. Internal costs encompass in-house recruiter compensation and the hourly time cost of hiring managers conducting rounds.