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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. I think it provides valuable information. According to SHRM, the average cost per hire in 2016 was $4,129.

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11 Important Employee Relations Metrics To Track

Analytics in HR

Employee relations metrics measure employee engagement, satisfaction, and retention, as well as overall workplace culture. Companies that prioritize employee relations and create supportive work environments generally see better results in all aspects. Contents What is employee relations?

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

Visier

While the same talent challenges are spurring companies to become more data-driven in workforce decision making, the approaches they are taking fall mainly into two different camps: build or rent. The goal was to better enable HR and business leaders to make talent decisions that would have an impact on the business. IT administrators.

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Sourcing vs. Recruiting: The Key Differences and Processes Explained

Analytics in HR

According to research from LinkedIn’s Future of Recruiting , 87% of talent acquisition (TA) professionals indicate that recruiting is becoming more strategic. Knowing the difference between sourcing vs. recruiting is essential in creating a smart and strategic hiring plan for talent acquisition. Contents What is sourcing?

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HR KPIs: Guide, 20 Examples & Free Template

Analytics in HR

HR KPI examples HR KPIs vs metrics Characteristics of good HR KPIs Leading vs. lagging KPIs HR KPIs case study HR KPI template HR KPI best practices FAQ What are HR KPIs? Human Resources key performance indicators (HR KPIs) are strategic HR metrics used to assess how effectively HR supports the organization’s overall goals.

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A Practical Guide to Candidate NPS

Analytics in HR

It’s based on a well-known Net Promoter Score metric, which measures customer experience. cNPS is a recruiting metric and KPI that companies use to evaluate their candidate experience to improve the recruitment and selection process and employer brand. Track cNPS for rejected and hired candidates.

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5 Best Practice Tips for Reducing Time-to-Hire

PeopleStrategy

Today’s competitive and rapidly-changing employment landscape presents challenges for employers in attracting and retaining talent. In fact, according to Zywave’s 2022 Attraction and Retention Benchmarking Overview, finding and keeping great employees is considered one of the top-five problems by 75% of businesses surveyed.