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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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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. And let’s say you do know which KPIs will serve you well…how do you then decide on appropriate benchmarks for each metric for your business? Review applications and conduct phone interviews.

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

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Recently, I learned about a large software organization’s quest to build a people analytics solution.

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Talent acquisition strategy and recruitment success

Acendre

“This indicates that most organizations are under-equipped to identify problem areas and potential solutions to their recruiting challenges,” he continued. Talent acquisition strategy He has a point. A talent acquisition strategy is important at any time. It’s also making strides in an increasingly data-driven recruitment-scape.

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5 Factors That Affect Your Ability to Recruit and Retain Caregivers

Hireology

Here are some of the not-so-obvious factors that might be affecting your ability to recruit and retain caregivers. . If you offer continuous training paths, you should be promoting them before even hiring on new caregivers — it’s not something that every home care agency offers and will set you apart from the competition. .

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12 Types of HR Reports For Better Business Decisions [+ Free HR Board Report Template]

Analytics in HR

An HR report provides critical insights that enable HR professionals and organizational leaders to make informed decisions about their workforce related to recruitment , training, compensation, and resource allocation. It’s especially valuable during budgeting or when assessing the need for additional hiring or workforce reductions.

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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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