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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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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. The hiring process is a two-way street. And that used to be true.

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Top Funding News in the HR, Recruiting and Benefits Space | 2016

Advos

Funding Announcements in the HR, Recruiting and Benefits Space | 2016. January 2016. The recruitment marketing platform Smashfly started off 2016 raising $22 million. The first of many big funding announcements in 2016. Glassbreakers raises further funding for diversity and inclusion platform.

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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 4 Constituents in Today’s Blended Workforce

HR Bartender

Each group involves a unique recruiting as well as an engagement strategy. 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.

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

Hospital Recruiting

For healthcare providers and professionals, the year saw unprecedented, sometimes overnight challenges that stretched resources and talent to their limits. For recruitment professionals in healthcare, the pandemic brought challenges and immediate solutions to meet demand and need. Technology and outsourcing. Challenges.

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

Analytics in HR

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. In addition, algorithmic systems provide performance feedback to employees and managers.