article thumbnail

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

I like to calculate CPH at the beginning of interview skills training. However, it is a complicated metric by comparison. CPH gives the company some estimate to consider when it comes to the cost of staffing the new location. CPH can also be a valuable number to share with hiring managers. I don’t know if that’s even possible.

article thumbnail

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

Visier

Other implementation costs, such as the development of dashboards and training. 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. Software developers to build each output.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Diagnosing and Preventing Nurse Burnout Using People Analytics

Visier

Additionally, as the older generation of nursing staff reach retirement age , the supply of experienced nurses reduces, especially in areas that require higher levels of training such as critical care (e.g. As baby boomers reach post-retirement age, their demands on the healthcare system increase. intensive care unit nurses).

article thumbnail

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

HR Brew

HR and benefits executives aren’t likely to be trained marketers—this may be contributing to the disconnect. “I For example, she said employers should look at what services employees are using now in comparison to previous years. She said the results may provide fodder for surveys to help determine what benefits employees value.

article thumbnail

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

HR Digest

HR strategies for business growth take into consideration the existing potential of the workforce in comparison to its future potential to assist organizations in scaling up their operations carefully. Gartner’s HR trend of 2024 showcases HR technology as one of the top priorities for the next 12-24 months.

article thumbnail

Growing Your Restaurant Franchise: HR Software Benefits and Features

Netchex HR Blog

When managing a franchise , each location must be fully staffed and scheduled, policies and training need to be consistent, and employee data and comparison reporting must be available. Send links to online training modules, and you can confirm when each worker completes the course. You can even get new hires started remotely.

article thumbnail

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

Analytics in HR

These can range from HR board reports to performance evaluation and training and development reports. An HR report provides critical insights that enable HR professionals and organizational leaders to make informed decisions about their workforce related to recruitment , training, compensation, and resource allocation.

Report 89