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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 think it provides valuable information.

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HR KPIs: Guide, 20 Examples & Free Template

Analytics in HR

HR KPIs are indispensable for organizations that want to improve at managing their people. In this article, we dive into the details of KPIs in HR. In this article, we dive into the details of KPIs in HR. Contents What are HR KPIs? How does HR use KPIs to support organizational needs? Let’s dive in.

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How To Craft a Strategic Hiring Plan in 2025

Analytics in HR

A well-executed hiring plan can be the difference between a company that reaches its strategic business goals and one that is outperformed by its rivals. Acquiring the right talent is the most important key to growth,” says Benioff. Hiring was – and still is – the most important thing we do.”

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The HR Scorecard: A Complete Guide

HR Lineup

Human Resources (HR) plays a pivotal role in the success of any organization. In the dynamic and competitive business environment of today, businesses need effective ways to measure and manage their human capital. What is the HR Scorecard? Components of the HR Scorecard 1.

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Reshaping Strategic Workforce Planning in HR

Talentia

Reshaping Strategic Workforce Planning in HR October 10, 2024 Home Now more than ever, companies are expected to grow responsibly, within economic resource constraints and with a focus on creating fair, transparent and attractive work environments. What is strategic workforce planning in HR?

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

HR Digest

We are slowly witnessing the resurgence of Human Resource Management, with companies actively investigating how HR teams can contribute to business growth. For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success.

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How To Set Your Recruitment Goals In 2024

Analytics in HR

A recruitment goal is an objective set by HR to direct hiring teams toward achieving a specific outcome or target within a particular period of time. Quality of hire : Improve the quality of hires by assessing performance and cultural fit. Types of recruitment goals Why set recruitment goals?