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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. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period.

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

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? The race to adopt people analytics is heating up: according to the Bersin by Deloitte HR Technology Disruptions for 2018 report , “people analytics is now a must-have discipline within HR and business.”.

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The ROI of HR Software: How It Saves Time and Money

EmployeeConnect

This is especially true in human resources, where managing people, payroll, and compliance can become overwhelming without the right tools. Enter HR software —a solution that not only streamlines processes but also delivers measurable returns on investment (ROI). Forecasting future staffing needs based on historical data.

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10 Best Staffing Agency Software for Recruitment Firms in 2024

HR Lineup

The recruitment landscape has dramatically evolved in recent years, driven by technological advancements, changing workforce demands, and the rise of remote work. Staffing agencies now rely on sophisticated software solutions to streamline their operations, find top talent, and stay ahead of competitors.

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Discover 4 Use Cases for Applying AI to Your Recruiting Processes

Recruitment AI technology uncovers the most qualified candidates. This technology automates recruiting routines and facilitates natural conversations, resulting in higher productivity and a better candidate experience. Download the eBook to learn more!

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The 4 Key Elements of An Effective Recruiting Strategy

HR Bartender

Estimated reading time: 3 minutes When we’re creating our recruiting strategy, we have to decide how we will bring people into the organization. I’m talking about when there’s an open job, we have to decide if we will fill it from within, hire someone from the outside, or maybe even outsource the work to a consultant.

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INTERVIEW: Dr. Jac Fitz-enz on Human Capital Metrics

HR Bartender

Then I realized that, when my colleagues talked about projects and resources, they talked in terms of return-on-investment (ROI) and the bottom-line. In addition, two of his books, “Human Value Management” and “ The ROI of Human Capital ” won the Book of the Year Award by the Society for Human Resources Management (SHRM).

Metrics 360