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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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HR KPIs: Guide, 20 Examples & Free Template

Analytics in HR

In this article, we dive into the details of KPIs in HR. We will discuss what HR KPIs are and how you can use them, provide a framework for setting them up for your HR department and organization, and share a handy HR KPI template. Contents What are HR KPIs? How does HR use KPIs to support organizational needs?

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How People Data Helps Your Organization Manage Absences

Visier

So, the question becomes: how can you manage the cost and business impact of absences as this situation continues to evolve? Create different workforce planning scenarios (each with different staffing levels and cost assumptions) to identify what various changes could mean to your business. . Hiring needs. Employee exposure.

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What Is Headcount Planning?

Intoo USA

Download tips on hiring with confidence and rejecting candidates with kindness. Strategically forecasting hiring needs allows companies to acquire skilled people to meet day-to-day workloads and fuel growth priorities. There’s also an explicit cost equation to thoughtful headcount planning. This agility is invaluable.

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10 Habits of Highly Successful Tech Recruiters

Speaker: David Nicola, Senior Sourcing Lead, Terminal

Have you ever been on a team with high functioning recruiters and wondered "I need to do more of what they're doing"? Why do metrics matter, anyway? It seems like there are new recruiting catch-phrases and buzzwords with each new blog post. Best practices for communicating with hiring managers and candidates.

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5 Ways a Staffing Agency Can Transform Your Hiring Process

Hppy

In today’s competitive business landscape, the hiring process can be a time-consuming and challenging endeavor. With employee expectations and the job market constantly evolving, hiring managers and HR departments often find it difficult to keep up. Time and Cost Savings Hiring is both time- and resource-intensive.

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Full Cycle Recruiting: A Guide To Hiring Top Talent

Analytics in HR

The full cycle recruiting approach can benefit the candidate, recruiter, and organization. With so many moving parts and processes involved in full cycle recruiting, how can HR professionals make sure they consistently hire the most qualified people for the right positions and make those employees want to stay?

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Recruiting Science - The Truth Behind Analytics and AI for Talent Attraction

Speaker: Andrew Gadomski, Managing Director, Aspen Analytics

We are consistently bombarded with whether great recruiting is an art or a science. The human heart and mind will always be necessary parts of a successful recruitment process. Attendees can expect to learn: What's REALLY Happening in Analytics and Metrics: Does it Work? to Back Up the Soul of Recruiting A.I.

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When Recruiter Priorities Compete: Fill Speed, Growing Req Loads, and Diversity

It’s a question as old as the recruiting profession itself: How many reqs should one recruiter handle at a time? Even in our data-driven age of hard metrics and objective assessments, the answer is: It depends. In this White Paper, BountyJobs lays out the key factors that go into finding your answer to the req load question.

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Un”comp”licating Compensation - Building a Brand People Want to Work for

Speaker: Kathy Steele, CEO, Red Caffeine

With unemployment levels nearing all-time lows, it’s time to get started and embed your comp practices into a part of your overall employee experience. Why a comp campaign must consider the whole employee experience from recruitment and engagement through retention.