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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

I think it provides valuable information. 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). Let’s say the organization is planning to open a new location next year.

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Replacement Planning: 3 Steps to Develop Your Organization’s Strategy

HR Bartender

If there’s one activity that has more of an impact than succession planning, it’s replacement planning. A replacement plan identifies “backups” for positions. Traditionally, it focuses on top-level positions, but it can be done for any key position in the organization.

Strategy 262
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Headcount Planning: An HR Practitioner’s Guide

Analytics in HR

Well-executed headcount planning helps your organization grow sustainably and improve performance. Let’s explore what headcount planning is and how you can implement headcount planning best practices at your business. Contents What is headcount planning? Why does your organization need headcount planning?

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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

To ensure effective workforce planning, it’s essential to recognize that different teams must work together, with HR and finance taking center stage. Understanding the financial implications of hiring decisions allows HR to strategically place the right talent in the right roles, ensuring that the workforce operates at peak efficiency.

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HR KPIs: Guide, 20 Examples & Free Template

Analytics in HR

HR KPIs are indispensable for organizations that want to improve at managing their people. In this article, we dive into the details of KPIs in HR. In this article, we dive into the details of KPIs in HR. Contents What are HR KPIs? How does HR use KPIs to support organizational needs? Let’s dive in.

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What is HR Analytics? All You Need to Know to Get Started

Analytics in HR

HR analytics allows HR professionals to make informed decisions and create strategies that will benefit employees and support organizational goals. In this article, we will explain what HR analytics is, its benefits, as well as how to get started and grow in your HR analytics capabilities.

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How to Develop a Staffing Planning (With Staffing Plan Example)  

Analytics in HR

In an ever-evolving business landscape, staffing planning is integral for ensuring that an organization has the right people, with the right skills, in the right roles, at the right time. Contents What is a staffing plan? Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool.