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

Visier

While the same talent challenges are spurring companies to become more data-driven in workforce decision making, the approaches they are taking fall mainly into two different camps: build or rent. Data center maintenance costs. Analysts to determine metric definitions and create reports. Data warehouse software licenses.

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Recruiters: Use Cognitive Aptitude Tests to Expand Your Candidate Pipeline

HR Bartender

There’s a bigger challenge. Possible Solution: Hiring Candidates Who are “Work Experience Light”. As a result of staffing shortages, organizations might want to consider hiring candidates who have little experience or are new to the field. Typically, an assessment is conducted later in the hiring process.

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

HR Lineup

In the field of Human Resources (HR), the concept of the “cost of vacancy” (COV) is crucial for understanding the financial impact of unfilled positions within an organization. What is the Cost of Vacancy? The cost of vacancy refers to the financial impact an organization experiences when a position remains unfilled.

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When healthcare and higher ed collide, innovative hiring is key

HRExecutive

While many of the organizations’ 24,000 employees are drawn by those missions, she says, the HR team is also working to deepen the employee value proposition with leading-edge benefits and workforce management strategies driven by a strong commitment to employee listening and innovative hiring strategies. Register here.

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The Definitive Guide to Onboarding for 2024

Hiring a new employee is an expensive and time-consuming process. According to the Society for Human Resource Management (SHRM), it typically costs $4,425 to hire a new employee — not to mention the 36 days the average team spends trying to fill a position.

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How to Reduce the Risk of Bias in Your Hiring AI

Cisive

Artificial intelligence (AI) and machine learning (ML) programs have been promoted as a more objective, less biased way to screen, hire, and train job candidates. Skewed AI programs can create serious problems for employers and HR departments that use these tools in their hiring processes. Create bias and fairness definitions.

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What is Headcount Reporting? A Complete Guide for Employers

HR Lineup

This data enables employers to make strategic decisions around hiring, budgeting, and workforce planning. This article serves as a complete guide to headcount reporting, covering its definition, importance, and best practices. Budgeting and Cost Management Labor costs are typically the largest expense for most businesses.