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The Cost of Vacancy: Definition, Process, Formula & Example

HR Lineup

This article explores the definition, process, formula, and provides an example of calculating the cost of vacancy, offering HR professionals a comprehensive guide to managing and mitigating these costs effectively. How to Calculate the Cost of Vacancy? Recruitment Costs: All costs associated with advertising, interviewing, and hiring.

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What the Right Applicant Tracking System Can Do for Your Healthcare Agency

Hireology

Investing in the right technology to help your business run smoothly is an essential part of operating in any industry. The healthcare sector, perhaps more than most, relies on technology to create efficiencies because there’s little time to waste when caring for patients. What is an applicant tracking system? .

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How to manage a hotel with these 5 must-have tools

Homebase

From cleaners to concierges to front desk employees and guests, there are a lot of moving parts when it comes to how to manage a hotel. But with the right tools, hotel managers can streamline their processes, save time and money, and keep their employees happy. Hotel managers and owners have their hands full, that’s for sure.

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Is Your Onboarding Process Retaining or Deterring Talent?

Essium HRM

The onboarding experience further shapes their initial impressions, and how it unfolds can either assist with retention or lead to turnover. If you’re concerned that your onboarding process is turning off candidates or new hires instead of attracting and retaining them, here’s what you need to consider.

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How to Become a Human Resources (HR) Manager: The Definitive Guide

Analytics in HR

According to the Bureau of Labor Statistics , the projected job growth in the United States for Human Resources Managers in the next decade is 8%, so if you’ve ever wondered how to become a Human Resources Manager, you’ve come to the right place! Let’s dive in!

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How to Build a Staffing Model for Your Business

Replicon

Businesses can use the staffing model to hire, maintain, and retain the talented workforce that they would need definitely or indefinitely for various projects. It’s designed to give hiring managers an insight into their recruitment needs in order to meet the company’s goals. What Is a Staffing Model?

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New Hires Not Engaged? How to Design an Onboarding Intervention

HR Bartender

So, when new hires arrive, the goal is to get them productive as soon as possible. And unfortunately, in this effort to do so, they might not take as much time as they should to ensure that new hires get all the attention they need. That’s why many organizations use an onboarding pulse or check-in. A: Yes/No/Unsure.