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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. Organizations with a candidate experience strategy in place realize the work isn’t over.

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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. The upside is that this strategy is great for employee morale. 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 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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Recruiting Is Only Getting Tougher [infographic] – Friday Distraction

HR Bartender

I believe one of the key metrics in recruiting is time to fill. Today’s infographic from our friends at iCIMS, shows data from their 2015 Hiring Trends report. That means during the 44 days that companies are trying to fill a job, they are losing $22,000 in recruiting costs and productivity. Their 2016 Recruiting Goals.”

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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. Signal processing, security, radar, satellites, sonar, test equipmen, and other electronics engineering disciplines are at the heart of the tech sector.