Zoho Recruit allows custom fields to be added to Job Openings to record hiring costs such as job board spend, agency fees, and assessment costs. While Zoho Recruit does not function as an accounting tool, it stores cost data at the opening level which can be exported and used to calculate Cost-per-Hire. Integration with Zoho Books or Zoho Analytics enables more structured cost reporting.
Combining Cost-per-Hire data with Source Effectiveness data reveals the true value of each sourcing channel. A job board that costs Rs 20,000 per posting but produces one hire of average quality is less efficient than an employee referral programme that produces higher-quality hires at a fraction of the cost. Indian companies using Zoho Recruit can use this analysis to optimise their sourcing mix and reduce unnecessary spend.
Cost-per-Hire in Zoho Recruit is the total hiring expenditure divided by the number of hires, tracked using custom fields on Job Openings. It combines with Source Effectiveness data to evaluate sourcing channel efficiency.
Zoho Recruit provides the data infrastructure to store cost information on Job Opening records through custom fields. The calculation itself is performed by the recruiter or using Zoho Analytics integrated reporting rather than as a built-in automatic metric.
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