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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Every once in a while, I run across an article that talks about why organizations shouldn’t calculate cost per hire. Personally, I’m a big fan of the cost per hire metric. I think it provides valuable information. According to SHRM, the average cost per hire in 2016 was $4,129. I don’t know if that’s even possible.

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Importance and Benefits of Human Resource Planning

PCS

HR planning is one of the different human resources services that companies can outsource. Planning is crucial to maximizing the efficiency of the workforce and the overall business. This is why, many managers practice HR planning because it improves productivity and growth.

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How Artificial Intelligence Will Enable Strategic HR

Cornerstone On Demand

Artificial intelligence is a branch of computer science that uses machine learning algorithms that mimic cognitive functions; making machines more human-like. And yet ironically, we need technology to help HR be more strategic, as well as more human. So, why hasn't this been more directly tied to HR departments yet?

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HR Outsourcing Trends and Statistics SMBs Should Know

Extensis

Quick look: By 2026, the HR outsourcing market is expected to grow by $10.90 Here, explore the latest HR outsourcing trends, including the various types of HR outsourcing companies, which HR duties SMBs are offloading the most, and how to choose the right partner to help your organization simplify its workload and succeed.

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Talent Acquisition

Analytics in HR

What is talent acquisition? The core of talent acquisition is to attract employees to an organization and hire the ones that fit with the organization and role. The talent acquisition strategy should align with the people strategy (or HR strategy). Over time, the talent acquisition function has developed.

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HR Finance 101: A Guide To Finance for HR

Analytics in HR

HR finance is an overlap of the HR and finance departments in a modern organization. While traditionally HR and finance are two completely different departments with their own responsibilities, financial awareness has become a critical requirement for HR professionals in most modern businesses.

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Want to boost employees’ perception of HR? Look at your benefits strategies

HRExecutive

As followers of Sapient Insights Group know, we place a lot of emphasis on helping HR teams elevate the awareness of their work and their contributions to the business. In this column, I will discuss what our research says about the latest trends in benefits strategies. When you think about it, these findings aren’t surprising.