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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.

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Sumser tech spotlight: This hiring tool ‘distinguishes itself’

HRExecutive

Baltimore is the very last place that I’d expect to find groundbreaking technology for the labor market. There is a deep well of technology, but it is really big tech. In that world, technology is simpler, more brute force. Like many others, the company claims to make a difference in the hiring process. Advertisement.

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The 4 Constituents in Today’s Blended Workforce

HR Bartender

BUY is where the company hires talent from the outside. It also means having the training resources available. . Technology advances, like artificial intelligence and bots, are allowing organizations to do things never before possible. The disadvantage is that it can be expensive to attract talent from the outside. .

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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? Building your Workforce Intelligence Solution. Recently, I learned about a large software organization’s quest to build a workforce analytics solution.

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For this HR “vigilante,” the C-suite was a stop, not the destination

HR Brew

It was a job she thought would be temporary, though she’d end up staying for nearly 15 years, first in benefits and then recruiting before finally moving into professional development, where she worked to support the careers of employees’ she’d helped hire over the years. This [new opportunity] would be exciting to join very early.”

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

Hospital Recruiting

Lessons will be learned as we examine the effect the COVID-19 pandemic brought to the industry and staffers in the coming years. For recruitment professionals in healthcare, the pandemic brought challenges and immediate solutions to meet demand and need. Technology and outsourcing. Leveraging technology rose to meet need.

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Algorithmic Management in Organizations: Benefits, Challenges, and Best Practices

Analytics in HR

It encourages learning and rewards good performance. For example, platforms like Uber, Deliveroo & UpWork manage and closely monitor their global workforce with algorithms. In fact, 40% of HR departments in international companies use AI-based tools. But you still have a lot of open opportunities, so keep up the good work!”