Adding new employees can be a great way to accelerate the growth of your business—if you can afford them. One of the factors that separates successful firms from chronically cash strapped ones is being able to properly calculate the cost of adding a new employee. Before you can know if now is the right time to invest in additional employees you have to calculate the cost per hire.
Todd Miller

Todd leads DHR’s marketing department and is responsible for overall marketing strategy and execution. With nearly 15 years in the sourcing services and solutions space, Todd provides interesting insight on a variety of topics in this fast-paced and ever-changing industry.
Todd lives in Scottsdale with his two daughters and Collie/Shepard. One is a good boy.
Recent Posts
Webinar: A Deeper Look at Cost Per Hire
By Todd Miller on Sep 18, 2017
Issues to Consider When Calculating Cost Per Hire
By Todd Miller on Sep 14, 2017
Even with a standard formula, companies still have a lot of flexibility when deciding what needs to be included and what should be left out. Issues that a company must decide on when calculating CPH are:
- How to calculate the salary costs of employees related to recruitment activities
- Who should be included as a new hire?
- What time period should be used for the calculation
How to Accurately Calculate Cost Per Hire
By Todd Miller on Sep 13, 2017
Prior to 2012, the ways firms calculated CPH varied significantly. Some calculations were much more accurate than others. The Society for Human Resource Management (SHRM) and the American National Standards Institute (ANSI) collaborated to develop a standard CPH formula.
What is the True Cost of Adding a New Employee?
By Todd Miller on Sep 12, 2017
Adding new employees can be a great way to accelerate the growth of your business—if you can afford them. One of the factors that separates successful firms from chronically cash strapped ones is being able to properly calculate the cost of adding a new employee. Before you can know if now is the right time to invest in additional employees you have to calculate the cost per hire.
What Is Your Employees’ Commute Actually Costing Your Company?
By Todd Miller on Sep 8, 2017
Not surprisingly, for many people commuting to and from work is the worst part of the employment experience. Old roads, drivers who seem more focused on texting, inadequate and crowded mass transit, and growing urban centers are increasing the length of commutes for many employees. Lengthy commutes take a toll on employee happiness and productivity. They are also a top motivator in employees looking for a new job.
Free Yourself From the Burden of Payroll by Learning the Art of Delegation
By Todd Miller on Sep 5, 2017
DHR eBook: 10 Simple Ways You Can Increase Employee Retention and Decrease Turnover Rates
By Todd Miller on Aug 31, 2017
Hiring employees isn't enough to keep your small business running; you also have to keep them. Turnover rates are the silent killer. They're not as obvious as weak customer reception, but they're just as deadly. Every employee you lose represents cost and lost value: cost, because you'll have to spend on finding and hiring a replacement; lost value, because you're not getting the expected return from your investment in hiring them in the first place. Fortunately, there are plenty of things you can do to keep retention high and turnover low.
Employee Background Checks: 5 Rules to Help You Walk the Line
By Todd Miller on Aug 31, 2017
There Is Power in Positive Workspaces
By Todd Miller on Aug 29, 2017
5 Compelling Reasons to Background Check Your New Hires
By Todd Miller on Aug 24, 2017
Whether you are a serial entrepreneur building out your latest business idea, the owner of a small business ramping up production or the hiring manager for a larger firm, the recruitment process can be difficult, painful and lengthy. Once you have found the perfect person for the job, it is tempting to just go ahead, but there is one more step you need to consider.