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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). Let’s say the organization is planning to open a new location next year. As a result, they will need to hire 10 employees.

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

Visier

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.”. But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same.

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How Can HR Contribute to Business Growth and Help Envision Future Success?

HR Digest

We are slowly witnessing the resurgence of Human Resource Management, with companies actively investigating how HR teams can contribute to business growth. For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success.

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The Compehensive Dictionary of HR Terms To Know [In 2024]

Analytics in HR

Just like HR acronyms and abbreviations , knowing how to employ HR terms is an integral part of working in human resources. This article unpacks 93 HR terms, including a usage example for each. These are just a few of the many roles HR plays in organizational success. Learn more What Is Human Resources?

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An SMB Employer’s Guide to Streamlining Open Enrollment

Extensis

Open enrollment is a designated period each year when employees can review, adjust, or select their benefits, including health insurance, retirement plans, and other perks their employer offers. Having a plan in place helps employers remain on track and organized. What is open enrollment? Why is open enrollment important?

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12 Types of HR Reports For Better Business Decisions [+ Free HR Board Report Template]

Analytics in HR

To make informed, strategic decisions, HR managers must be adept at understanding and interpreting different types of HR reports. These can range from HR board reports to performance evaluation and training and development reports. Contents What is an HR report? Here are four common types of general HR reports: 1.

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

HR Brew

As open enrollment shifts into high gear, new data could provide a much-needed reality check for HR executives: There’s a significant gap between what employers and workers think about their benefits. HR and benefits executives aren’t likely to be trained marketers—this may be contributing to the disconnect. “I