It is an outcome metric for corporate recruitment.
Why it matters
For a recruitment department, recruitment is a cost you have to account for. Cost per hire shows what a new colleague costs, and whether in-house recruitment is cheaper than agencies.
Where it goes wrong
Internal costs, such as recruiters' hours, are often left out, so in-house recruitment looks cheaper than it is. And agency invoices sit in purchasing, not in the ATS.
How Dashly calculates it
Dashly calculates it per month from the ATS and accounting. Per channel, the model calculates channel costs ÷ hires from that channel, with the share of hires through agencies next to it.