article thumbnail

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. Now, I get it…there’s lots of talk about quality of hire being the best recruiting metric. However, it is a complicated metric by comparison. There are some old school metrics that still provide value. Personally, I’m a big fan of the cost per hire metric.

article thumbnail

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

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Analysts to determine metric definitions and create reports. Data warehouse software licenses. Data integration tools licenses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Recruiting Metrics You Should Know About

Skillate

If you are new to the recruiting team and are planning on hiring new candidates for different departments of your company, you need to know about the top recruiting metrics that are in trend. What are recruiting metrics? In this article, we will discuss about the top ten hiring metrics that every recruiter should focus on.

article thumbnail

Looking Beyond the Great Resignation

The People Equation

It’s metric-based reporting, telling us what is happening, but not helping us parse out the cause. Saying, “How ‘great’ the exodus of workers will actually be, depends upon whom you ask, the data they draw upon, and the comparisons being made. To understand the meaning behind the Great Resignation, we need to go deeper.

Staffing 192
article thumbnail

Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

Determine the metrics that will to shed insight into overwork and use them to inform a fatigue policy. Many healthcare organizations have metrics such as overtime compared to straight time worked. I propose a total burden-of-work metric that includes straight time work that the employee has agreed to (e.g.

article thumbnail

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

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Analysts to determine metric definitions and create reports. Data warehouse software licenses. Data integration tools licenses.

article thumbnail

8 Questions to Ask for Effective HR Reports

EmployeeConnect

Other information can be included for comparison purposes, but the essential data must be easy to find. Better metrics and analytics are tools that wise managers use in context with personal information, progress reports, estimates of employee potential and other subjective insights. What data is required, and how accurate is it?