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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. Data warehouse software licenses.

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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Internal recruiting costs include salary and benefits for everyone involved in the recruiting process as well as recruiting software, etc. According to SHRM, the average cost per hire in 2016 was $4,129. Let’s say the organization is planning to open a new location next year. As a result, they will need to hire 10 employees.

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What is the True Value of HR Technology?

PeopleStrategy

In our last article, we established some of the common reasons for moving to an HR technology solution , and we finished by pointing out the need for translating the administrative savings and reduced workload into true business outcomes. Value Example #1: A Clearer Picture of Your Talent.

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4 HR Learning Technology Trends Changing Corporate L&D

Cornerstone On Demand

And despite the rise of new learning technologies, a majority of L&D professionals—78 percent—say in-house, instructor-led classes are still the primary way they teach employees. In order to meet their evolving needs and expectations, organizations must adopt emerging HR learning technology trends.

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Recruiting Is Only Getting Tougher [infographic] – Friday Distraction

HR Bartender

Using the same example, if the requisition is approved on April 1 and the employee starts work on May 15, then time to start is 45 days. The full report and findings have lots of insights that can be helpful, especially during recruitment planning meetings. It’s a clear example of how time really is money.

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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?

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The Rise of the People Strategy Platform

Visier

For example, HR leaders at a professional services corporation used insights gained from their Workforce Intelligence solution to drive the business to change the composition of project teams for multi-year, multi-million-dollar contracts— the result was an improvement in margins by $1-$3 M per contract. There are 2 reasons: 1.