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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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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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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.

Metrics 170
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7 Trends to Expect in 2015

Cielo HR Leader

Also according to LinkedIn Talent Solutions, 44% of global recruiting leaders agree: quality of hire is the most important metric for measuring recruiting team performance – followed by time-to-fill (25%) and hiring manager satisfaction (18%). 3 position in 2012 to No. Trend 2: Quality is overtaking quantity.

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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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My Philanthropic HR/Recruitment Tech Journey

Jeff Waldman

So with all that went down yesterday at the 15th SocialHRCamp since mid-2012, I am reflecting on the impact this little event has had on the industry. So, I took a look at the metrics because we all love metrics, right? Without it we cannot differentiate, add maximum value and provide the kind of business value we need to.

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Experts Predict the Future of HR

Namely

Today, online software and tools have made paper obsolete, and the profession is more metric-driven than ever before. Cheryl Roubian (Greenhouse): I started my first job in HR in 2012. HR has come a long way from the days of endless stacks of paperwork and massive file rooms. But what’s around the corner for HR?