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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). External recruiting costs include agency fees, advertising, job fairs, college recruiting, relocation, etc.

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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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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.

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Top 10 Questions to Consider Before Launching Your Direct Sourcing Program

LiveHire

Many contingent staffing leaders today believe a direct sourcing revolution is under way. You are the curious onlooker interested in better understanding the true business case for this new wave of Direct Sourcing technology uptake. Why invest in a Managed Direct Sourcing solution?

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Crucial HR KPIs you need to make data-driven decisions

Business Management Daily

These are all questions that measure the effectiveness of your human resources department, and the best way to answer them is by paying attention to essential HR KPIs (key performance indicators). Yet, there’s no shortage of human resources KPIs out there, so how do you know which you should track?

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Quantifying HR Performance and Output

6Q

How long have people thought of HR as the department that hands out holidays, rolls out confusing new policy, and asks you how you’re feeling? The reality here is that HR data is quantifying HR performance in new and exciting ways. So, how do you quantify HR performance and output? How to Quantify HR Performance.

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How RPO Pricing Model Works: A Simple Explanation for Businesses

HR Lineup

Recruitment Process Outsourcing (RPO) is a strategic hiring solution that enables businesses to delegate their recruitment needs to external experts. This is more cost-efficient for businesses with in-house HR teams handling other tasks. seasonal or expansion hiring) may result in discounted rates due to economies of scale.