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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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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 advantage to this approach is that the organization gets fresh perspectives and new ideas. The disadvantage is that it can be expensive to attract talent from the outside. .

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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. Respond to candidates.

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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. 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. Today’s infographic from our friends at iCIMS, shows data from their 2015 Hiring Trends report. Their 2016 Recruiting Goals.”

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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. The pandemic illustrated how often recruitment professionals in all industries need to be flexible.

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Is the Gig Economy Taking Over?

HR Bartender

There are advantages to this approach, the biggest being that organizations can tap into specialized talent when they need it. In iCIMS’ Q1 2016 U.S. Hiring Trends Report (PDF), they talk about the increase in contingent workers and its impact on overall hiring trends. Image courtesy of the iCIMS Q1 2016 U.S.

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Background Screening Impacts the Candidate Experience

HR Bartender

It even includes other steps in the overall hiring process, like background screening, where organizations might leverage third-party service providers. Every touchpoint in the hiring process is a part of the candidate experience. The candidate experience includes employment branding, career portals, offer letters, etc.

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