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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Internal recruiting costs include salary and benefits for everyone involved in the recruiting process as well as recruiting software, etc. I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities. According to SHRM, the average cost per hire in 2016 was $4,129.

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

Visier

They currently support only 200 users, yet have a 15-person analytics team: a team size even large enterprises can only dream of, and a team five times larger than necessary — t he benchmark is one analytics team member per 3500 staff in an organization. Forrester Consulting found that Yahoo experienced a cost savings of over $2.2

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5 ways to strengthen your onboarding and boost ‘time-to-productivity’

HRExecutive

After breaking down cross-industry data for this measure, we provide guidance for how you can interpret your own benchmarking results and what to do if your onboarding process isn’t where you need it to be. For a comprehensive assessment of your onboarding performance, don’t benchmark this measure alone.

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Driving 2025 transformation: Why HR leaders choose Bob

HiBob

Additional features, like multi-site functionality with localized org charts, and benchmarks, empower HR leaders to create a dynamic, responsive work environment that supports flexibility and productivity. Bobs ability to support globally distributed teams ensures seamless collaboration and consistency across regions.

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The Wellness Council of America’s (WELCOA’s) 7 Benchmarks to Building a Results Oriented Wellness Program

Speaker: Ryan Picarella, President, WELCOA

The Seven Benchmarks are an important part of building a results-oriented workplace wellness program. By following this proven methodology in your organization or with your clients, you can provide a credible framework which can be tailored toward organization specific values, mission, vision and goals for wellness.

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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Organizations must regularly benchmark their compensation packages against industry standards to remain attractive to potential employees. Develop a Compensation Philosophy : A well-articulated compensation philosophy serves as a guiding framework for pay decisions, aligning compensation practices with organizational goals.

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Benchmarking and how to talk comp with your people

HiBob

One way companies can begin to navigate these compensation discussions with their people is by having a well-crafted compensation strategy … And your compensation strategy is only as good as the data that underpins it. This is where benchmarking comes in. What is benchmarking, and why is it so important?

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How to Build Pay Grades and Set Salary Ranges

Speaker: Jennifer Ferris CCP & Paige Hanley CCP

Setting pay ranges and grades can give you a competitive advantage in an ever-changing market by enabling clear job progression as well as competitive pay. Choose benchmark positions and slot non-benchmark positions into your pay structure. So how can you set your pay ranges just right?