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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). Now, I get it…there’s lots of talk about quality of hire being the best recruiting metric.

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The Case for Sharing — and Understanding — Human Capital Metrics

Cornerstone On Demand

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. Discussion and analysis to explain the metrics. Employee engagement , based on surveys.

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TrustRadius: How Using 15Five Decreased Employee Turnover by 88%

15Five

Founded in 2012 and headquartered in Austin, TX, the company is responsible for over 130 employees. Jamy appreciates the platform’s approach to prioritizing the human aspect of HR rather than solely focusing on metrics and statistics.

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

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Analysts to determine metric definitions and create reports. Data warehouse software licenses. Data integration tools licenses.

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4 Hiring Trends for 2023, relative to the Staffing Industry

COATS Staffing Software

Passionate and self-assured, Gen Z also known as Zoomers, includes those born between 1997-2012. Metrics As a staffing business owner for over 30 years, I’ve always considered the candidate’s personality and character to be as vital as experience and education in finding the right fit for each company’s open role and culture.

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Pay Equity Still Lags for Women Administrators

Cupa HR

Drawing on 10 years of data, CUPA-HR found that between 2012 and 2022, the representation of people of color in higher ed administration increased by 41%. In 2012, people of color comprised 13% of administrators and in 2022, 18% of administrators.

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3 critical HR challenges that AI hasn’t solved yet

HRExecutive

They can also examine location and facility usage data, collaboration and virtual meeting data, and compare that information to business metrics like lines of code written, customer order delivery performance or quality control metrics to get a sense of how remote and in-person working affect the business.