If it cost a company $50,000 to recruit and hire 5 applicants,what was the cost per hire?

Name: If it cost a company $50,000 to recruit and hire 5 applicants,what was the cost per hire?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cost per hire is calculated by dividing the total recruitment and hiring cost by the number of hires. In this case, $50,000 divided by 5 hires gives a cost per hire of $10,000. Therefore, the correct answer is option C.

If It Cost a Company $50,000 to Recruit and Hire