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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

For example: If the company decides that it’s going to buy a recruiting software solution because it will save the company money, how will they know the return on their investment if they don’t calculate cost per hire? These are just a couple of examples, but you get the point. However, it is a complicated metric by comparison.

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An SMB Employer’s Guide to Streamlining Open Enrollment

Extensis

For example, you could aim to increase plan participation or improve employee engagement. For example, suppose your company wants to increase participation in a particular program. Many workers don’t understand their benefits , and this is where providing plan comparisons can make an impact. How will you achieve that goal?

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There’s a disconnect between what employers and workers think about their benefits communications and packages

HR Brew

For example, she said that many have the ability to send emails to employees who haven’t selected a plan with alerts about the enrollment period and send links to relevant benefits information. For example, she said employers should look at what services employees are using now in comparison to previous years.

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

Visier

Let me illustrate the differences between the Build and Rent paths by returning to our example of the software company from earlier. These were their results, compared to the software company that followed the Build path: This side-by-side comparison shows the advantages of choosing the rent option for the datafication of your HR function.

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Should You Expect Candidate Data with Your Next Recruiting Technology Purchase?

Lighthouse

Packaging Data with a Software Purchase: Use Cases and Examples By the way, this is happening at multiple companies: Rival, mentioned above, has married up Entelo’s talent and sourcing tools with Silkroad’s existing ATS. If it helps for comparison purposes, this is actually similar to what I see happening in the learning space.

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Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

For example, determine which nursing group is experiencing the most burnout or may be on the verge of burnout (based on historical trends) by pulling HRMS records to get job and turnover information, as well as actual compensation or timekeeping data to get hours worked. Reducing burnout requires data to come together from multiple sources.

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How Brokers Can Prepare Their Clients for Open Enrollment

Extensis

For example, today’s workforce increasingly looks for telehealth , mental health coverage , and culturally sensitive care. As companies grow, hire new employees, and say goodbye to others, the shifts in workplace demographics can affect which benefits will be most valuable.