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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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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? appeared first on ExactHire.

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8 Questions to Ask for Effective HR Reports

EmployeeConnect

Mining data once took an IT specialist, but most company stakeholders now have access to custom HR reports based on verifiable data from many databases and resources. The ability to generate custom HR reports is critical because the benchmarking process varies widely among departments and company stakeholders.

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Top 6 Paylocity alternatives and competitors (in-depth comparison)

Homebase

Cloud-based Paylocity is one of the leading human resources and payroll platforms in the United States. Paychex can help by benchmarking your pay against the competition so you can check you’re offering desirable rates. But you may not have the resources to easily record and track performance issues.

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

Analytics in HR

HR reports are strategic tools to showcase HR metrics and data, providing a detailed overview of your organization’s workforce and Human Resources activities. The answer to this seemingly basic question is crucial for resource allocation and strategic planning. It answers essential questions like: How many employees do we have?

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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.