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

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? The race to adopt people analytics is heating up: according to the Bersin by Deloitte HR Technology Disruptions for 2018 report , “people analytics is now a must-have discipline within HR and business.”.

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5 Best Practice Tips for Reducing Time-to-Hire

PeopleStrategy

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. Time-to-hire is a metric that measures how quickly a company can select and hire a job candidate.

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Holiday Hiring Surge: Best Practices for Fast Effective Background Checks in Retail

Sterling Check

Seasonal hiring is a balancing act, where speed is essential, but prioritizing workforce safety remains critical. Background checks are a key part of this process, helping to ensure that new hires meet the necessary standards without slowing down the hiring process. Why Run Background Checks on Seasonal Hires?

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How the Candidate Experience Is Your Competitive Advantage

Speaker: Kevin W. Grossman, TAS, HCS | Talent Board and the Candidate Experience (CandE) Awards President

Over the past year, employers have been plagued with frenetic hiring and employees quitting. Recruiters are getting stressed out since recruiting, hiring, and retention strategies are all over the place. This shows that the candidate experience is your competitive advantage.

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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? For example, if you have to cut costs in your learning and development budget while also trying to stimulate innovation, it creates a strategic challenge.

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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. This indicates a shift in the role of recruiting leaders towards a focus on driving business change. What is recruiting? Contents What is sourcing?

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Using the Candidate Experience to Gain a Competitive Advantage

Speaker: Kevin W. Grossman, TAS, HCS | Talent Board and the Candidate Experience (CandE) Awards President

For the past few years, employers have been plagued by erratic hiring and employee turnover. Recruiters are stressed as a result of the numerous strategies for recruiting, hiring, and retaining employees. However, the fundamentals of a good recruiting process and a good candidate experience remain constant.