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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). I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities.

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People Analytics and HR-Tech Reading List

Littal Shemer

This list of People Analytics and HR-Tech books is not exceptional. So here is my People Analytics and HR-Tech reading list on Kindle (no paper books, as I like the trees), ordered chronologically from newest to oldest. (Reading Time: 26 minutes) Let’s face it. There are too many professional books one can read in a lifespan.

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#HotInHR: What work will be like for the class of 2018, Want the best results from AI? Ask a Human …

Advos

Get HR Funding News Delivered To Your Inbox. Every week we send a summary of funding announcements, M&A and partnership news from the HR marketplace. Wages have been rising since 2012, and recently surpassed the benchmark set in 2000. Want the Best Results From AI? Ask a Human (MITSloan). Get The Plan.

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

Visier

The race to adopt workforce intelligence is heating up: according to the Deloitte Human Capital Trends 2016 report , “companies are no longer ‘stuck in neutral’ in their deployment of people analytics… Indeed, analytics capabilities will be a fundamental requirement for the effective HR business partner.”. Product updates.

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Performance Appraisal: The Ultimate Guide

Analytics in HR

HR is typically responsible for outlining the performance appraisal process, which is then executed by managers. These can both be planned and unplanned sit-downs. Informal Formal Planned 1-on-1 Performance appraisal Unplanned Hallway check-in Ad-hoc sit-down What is the purpose of a performance appraisal?

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Webinar: October Web Summit - The Data you Need to Know to Win Over the CFO

Paycor

Paycor reviewed proprietary data from nearly 30,000 customers and found that many standard HR and recruiting metrics are tactical, in that they track project management, or, at most, basic dollar-in, dollar-out cost analysis. The most successful HR teams map people management metrics to business outcomes.

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High Growth: It’s Not Just For Unicorn Startups Anymore

15Five

For example, his benchmark for a subscription business is globally under 5% churn monthly and less than 2% annual churn rate for the most loyal cohorts. You can glue a horn onto a horse and call it a unicorn, or you can plan wisely and build a solid foundation for success that you can ride all the way to the bank. Click To Tweet.