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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

I think it provides valuable information. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period.

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3 Ways to Improve the Candidate Experience

HR Bartender

(Editor’s Note: This article is an excerpt from my new book, “ The Recruiter’s Handbook: A Complete Guide for Sourcing, Selecting, and Engaging the Best Talent “ (SHRM, 2018) SHRM members can order a discounted copy at the SHRMStore. Organizations can include their employee values on their company website and career webpages.

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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? While the same talent challenges are spurring companies to become more data-driven in workforce decision making, the approaches they are taking fall mainly into two different camps: build or rent.

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Healthcare Recruitment 2020: The Good, the Bad and the Future

Hospital Recruiting

For recruitment professionals in healthcare, the pandemic brought challenges and immediate solutions to meet demand and need. Many of the problems faced resulted in innovation which will work well for hospital recruiters in the future. Technology and outsourcing. Leveraging technology rose to meet need.

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5 Culture Trends for 2019

As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business. Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive.

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Why You Can’t Waste Time During High Volume Recruiting

Spark Hire

It’s that time of year again: high volume recruiting is underway. However, any delays in the hiring process are exponentially more detrimental during high volume recruiting. . Altara Group , a professional recruitment, employment, and people management organization found themselves in a similar position.

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Recruiting Is Only Getting Tougher [infographic] – Friday Distraction

HR Bartender

I believe one of the key metrics in recruiting is time to fill. The reason I think this is an important metric is because time to fill has an impact on how companies make decisions. That means during the 44 days that companies are trying to fill a job, they are losing $22,000 in recruiting costs and productivity.