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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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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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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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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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Scaling Up: Using Org Charts to Guide Business Growth

Netchex HR Blog

Discover how org charts should be used by HR and other company leaders within your organization’s internal growth strategy. Many org charts look like a visual map of an employee directory, with key details like names, titles, and contact information for each team member. Which teams need more resources? What is an org chart?

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HRIS Requirements Checklist: A Guide for Getting Started

Analytics in HR

An HRIS is the backbone of your HR technology because it centralizes all HR data. Choosing an HRIS Key HRIS requirements & features checklist. An HRIS (Human Resources Information System) is a software system that simplifies the management of HR processes and data. Contents Why have an HRIS? Compliance.