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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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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Back in 2012, the Society for Human Resource Management (SHRM) worked with the American National Standards Institute (ANSI) to create a uniform standard calculation for cost per hire (CPH). Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period.

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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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The Changing Role of Human Resource Management – HRM

EmployeeConnect

The function within an organisation that is focussed towards recruitment, management, and offering direction to the people of the organisation is termed as Human Resource Management (HRM). In other words, all the processes and programs that are centred in and around people are part of the HR umbrella.

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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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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.