Remove 2016 Remove Benchmarking Remove Recruiting Software
article thumbnail

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. External recruiting costs include agency fees, advertising, job fairs, college recruiting, relocation, etc. According to SHRM, the average cost per hire in 2016 was $4,129.

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

Background Screening Impacts the Candidate Experience

HR Bartender

In HireRight’s 2015 Employment Screening Benchmark Report , 51 percent of organizations said that finding and retaining talent was their top business challenge. They also understand that the term candidate experience extends beyond interviewing to all aspects of the recruiting cycle, including background screening.

Screening 150
article thumbnail

How Assessments Create Successful Manufacturing Hires

TalentCulture

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. The key is to recruit for aptitude as well as skill. The solution: Set a standard, and go from there. Aptitude: The Key Differentiator.

article thumbnail

Key Learnings from the American Payroll Association 2016 Fall Forum

SumTotal

This three day forum was packed full of learning sessions for attendees on such topics as FLSA changes, best practices, benchmarking, Affordable Care Act, future technology trends, compliance and much more. 2) Recent technology innovations are game changers for payroll.

Payroll 40
article thumbnail

Why Change is an Opportunity for the Professional Services Industry

Workday

Professional services firms face intense pressure to increase profit and productivity, with new client revenue declining to the lowest level in the past nine years, according to the 2016 Professional Services Maturity Benchmark study from SPI Research. It wasn’t always this way. Formalize your focus on people engagement.

article thumbnail

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

Cornerstone On Demand

In a 2016 survey from The Work Place Group, 96 percent of respondents said source of hire is an important metric for making recruiting strategy decisions. How did your latest college recruiting campaign perform in email opens and click throughs, and how many converted into qualified candidates? instrumental.