A company's HR department is evaluating its recruitment process. The total cost of recruiting a new Finance Manager was ₦2,400,000. The manager's annual salary package is ₦9,600,000. What is the recruitment cost as a percentage of the annual salary package, and how does this compare to the global benchmark range of 15%–30%?

Recruitment cost as a percentage = (₦2,400,000 ÷ ₦9,600,000) × 100 = 25%. This falls within the globally accepted benchmark range of 15% to 30% for professional and managerial roles. HR practitioners use this metric to evaluate recruitment efficiency and justify budgetary allocations to management. A ratio above 30% would signal an inefficient or overly costly recruitment process.