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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities. I like to calculate CPH at the beginning of interview skills training. However, it is a complicated metric by comparison. Image capture by Sharlyn Lauby at a client’s site somewhere in Fort Lauderdale, FL.

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Build vs. Rent: Don’t Crash on the Do-It-Yourself Iceberg for People Analytics

Visier

In fact, if you isolate the purchase of the initial BI tool licenses, you are looking at just 10% of the total cost of the platform being built — the tip of the iceberg. What seems like a straightforward toolset purchase at the beginning turns out to be a much larger and costlier project, requiring: Additional Data Discovery licenses.

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Gain Actionable Insights Using Three New UKG Ready Benchmarking Features

UKG

Gain Actionable Insights Using Three New UKG Ready Benchmarking Features michael.reschke Wed, 08/16/2023 - 10:25 Main Image Background Color Blue Body Benchmarking allows you to compare important data to find the most effective way to manage your talent, increasing productivity and efficiencies and giving you a competitive edge.

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Boost training efficiency and close skills gaps with internal HR benchmarking

HRExecutive

Benchmarking is a practice that enables organizations to create a data-driven foundation for decision-making, provides context around performance to help identify improvements and uncovers new practices for adoption across an enterprise. We find that organizations at the median take 20 days to close a skill gap.

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HR Tech Awards 2025 Winners Announced

Lighthouse

In addition, for the first time ever as part of our new UNLEASH partnership, we’ll be unveiling winners for Best in Class at the UNLEASH America conference in May. At a national retail group, the platform helped reduce turnover by 15%, improved communication, and cut manual HR tracking time by more than 50%.

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Which Recruitment Metrics Are Right For You – Cost Per Hire?

ExactHire

The recruiting and human resources realm is no exception thanks to ATS, HRIS, LMS…and many other alphabet soup acronyms. But sometimes having that much information at our fingertips can be disabling and intimidating if we aren’t sure which metrics are worth our attention for our specific company.

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Why Benchmarking 2.0 is a Must-Have for Influential HR Leaders

Visier

Jac Fitz-enz — now celebrated as the father of human capital strategic analysis and measurement — founded the Saratoga Institute , and developed the first international HR benchmarking service. Finally, HR had a way to demonstrate relative performance: “We have a 20% turnover rate, but our peers are only at 10%.