Remove 2016 Remove Benchmarking Remove Hiring Software
article thumbnail

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.

article thumbnail

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

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to workforce intelligence? Building your Workforce Intelligence Solution. Recently, I learned about a large software organization’s quest to build a workforce analytics solution. Data warehouse software licenses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Assessments Create Successful Manufacturing Hires

TalentCulture

Want to make the right manufacturing hires? A 2016 MRI survey on recruiting found that 80 percent of all hires are mistakes that cost companies time and money. And there’s no reason not to take advantage of these tools. Pre-Hiring Tests Help Shape Careers, Not Just Fill Jobs. Aptitude: The Key Differentiator.

article thumbnail

Background Screening Impacts the Candidate Experience

HR Bartender

It even includes other steps in the overall hiring process, like background screening, where organizations might leverage third-party service providers. Every touchpoint in the hiring process is a part of the candidate experience. Participate in HireRight’s annual employment screening benchmarking survey.

Screening 150
article thumbnail

The Optimal HR to Employee Ratio

Analytics in HR

The HR to employee ratio is a useful tool for assessing the optimum capacity of HR in an organization. In this article, we will look at what the HR to employee ratio is, list factors that will influence this ratio, and give a benchmark of the HR to staff ratio. HR to employee ratio best practice Optimal HR to employee ratio benchmark.

article thumbnail

What Is Business Intelligence Software And How Can It Benefit Your Business?

HR Tech Girl

The business intelligence software market is estimated to be worth around $23.4bn in the US alone. This is up from $16.56bn in 2016. Business intelligence software helps manage and interpret useful data. But, what is business intelligence software exactly, and how can it benefit your business? The reason?

article thumbnail

What Recruiters Can Learn From Marrying Pre- and Post-Applicant Data

Cornerstone On Demand

It was left on a SmashFly blog post about source of influence in 2015, and I've cited it a handful of times since: "There is rarely a single source of hire in today's hyper-connected reality. Source of hire is a singular point of your candidate's story. In fact, it's not even the point of hire. instrumental. Someone gets it!