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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Personally, I’m a big fan of the cost per hire metric. 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). Let’s say the organization is planning to open a new location next year.

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

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to workforce intelligence? But, as more and more HR organizations grow their analytics function, I’ve noticed that not all journeys are the same. Building your Workforce Intelligence Solution.

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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. I find here inspiration, blended with practical guidance and validation for my practices, mixed with new ideas and innovative tools, but most of all, an “open door” to a professional community , which I’m happy and honored to be a part of it.

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Performance Appraisal: The Ultimate Guide

Analytics in HR

This guide gives you the knowledge you need to conduct thorough performance appraisals and the tools to use them to their maximum potential. Performance appraisals are a platform to provide feedback, offer a formal moment in time to evaluate job performance, and help distribute raises and bonuses among employees. Let’s dive in!

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How to Quickly Improve Any Performance Appraisal System

DecisionWise

Yet, these findings were overshadowed by the discovery that 59% indicated that performance reviews “do not have an impact on how they do their jobs;” instead, they called them a “needless HR requirement.” [i]. We think of these tools as bolt-on solutions that do not disrupt current processes while providing more actionable data.

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How to Create a Human Resource Strategy

Digital HR Tech

Whether you´re working in a large corporate or a smaller enterprise, a Human Resource strategy forms the basis of everything you do in HR. In this article, we will give a definition of the HR strategy, explain how the HR strategy impacts daily HR practices, and we will end with a Human Resource strategy example.

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The Case for Sharing — and Understanding — Human Capital Metrics

Cornerstone On Demand

Ask most companies to define their most important asset and they’ll tell you it’s something intangible: humans. Yet when evaluating a given company's worth, investors still rely on performance metrics that largely ignore an organization's brainpower. No wonder universal talent metrics are a touchy subject.

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