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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Every once in a while, I run across an article that talks about why organizations shouldn’t calculate cost per hire. Personally, I’m a big fan of the cost per hire metric. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. If you know how to use them.

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Post-election hiring trends: what history can tell TA leaders

HRExecutive

In the recruitment industry, the impacts of political cycles and major national events are often felt in labor market trends and hiring volumes. However, economic and sociopolitical factors likely have a stronger influence on these hiring trends than election results alone. six months after the 2012 election and by 10.1%

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How Resume & Employment Verification Protects Employers

Cisive

When Johnson Kane co-founded the Education Fellowship Trust in 2012, he presented an impressive CV that claimed the government had put him on the board of the British Airports Authority before it was privatized, that he had run a venture capital bank and that he was high up in John Lewis, when in fact he was a shop floor salesman.

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Analytics in Hiring: 4 Ways AI Helps You Find Non-Obvious Talent

Eightfold

Hiring managers don’t always have the time to analyze hundreds or thousands of candidates to find the needle in the haystack, though. AI-powered hiring technology helps organizations dig deeper and look beyond what is written on the resume. But how do hiring managers find those people?

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The state of inclusion this National Disability Employment Awareness Month, and what’s needed next

HR Brew

The current unemployment rate of disabled workers is 7.2%, a record low since the Bureau of Labor Statistics started tracking the figure in 2009 and down from a high of 15% in 2012, according to the Center for American Progress. Some 89% of companies now have a disability ERG.

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Retail Worker Scheduling

nettime solutions

For many retailers across the US, hiring is an issue on all levels , including associates, middle and upper management. As a 2012 study from the Center for American Progress illustrates, the cost of replacing a low-wage employee is often a lot higher than the cost of keeping them happy. Do you have enough employees to cover shifts?

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Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for Workforce Intelligence

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Recently, I learned about a large software organization’s quest to build a workforce analytics solution.