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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Back in 2012, the Society for Human Resource Management (SHRM) worked with the American National Standards Institute (ANSI) to create a uniform standard calculation for cost per hire (CPH). I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities.

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OKRs vs. KPIs: The Key Differences & Use (With Examples) 

Analytics in HR

More than 80% of companies agree that Objectives and Key Results (OKRs) positively impact their organizations. OKRs set ambitious goals, while Key Performance Indicators (KPIs) provide measurable metrics to track progress, creating a powerful framework for aligning strategy with execution. Contents What is an OKR?

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A Complete Guide on Salary Benchmarking

HR Lineup

Salary benchmarking, also known as compensation benchmarking, is a crucial process for businesses that aim to maintain a competitive edge in attracting and retaining talent. What is Salary Benchmarking? This comparison is made using data from salary surveys, industry reports, and other compensation data sources.

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

HR departments and companies invest billions to develop and upgrade their databases without spending enough time to design relevant and useful HR reports. In today’s competitive and data-rich marketing environment, data have become the gold standard of business decisions and HR reporting and management.

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Compensation Analysis: The Definitive 2022 Guide

Decusoft

A thorough compensation analysis will provide insights for human resources and senior management to make crucial decisions regarding salary and benefits packages. A compensation analysis is essentially a comparison of your company’s salary and benefits packages with those of other businesses in your area or industry. .

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HR Consulting Firms for Small Businesses: 15 Leading Experts

Astron Solutions

Effective human resources policies are probably one of the most important investments that any small business can make in its ability to continue growing! Today, we’ll be doing the same for the much broader category of human resources consulting for small businesses. Top HR consulting firms by specialty.

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3 strategies to protect your employee learning budget for 2025

HRExecutive

As a non-revenue-generating function, human resources and the HR budget are common targets of this scrutiny. How to measure your learning spend How do you know what the appropriate learning budget is for your organization? To collect evidence of learning needs: Consult your workforce and succession plans.