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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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My Philanthropic HR/Recruitment Tech Journey

Jeff Waldman

125 leading HR & Recruitment practitioners ventured out into the rain on an early Saturday morning to the BC Tech Association. 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. Here’s What I Found. To be honest, not that much.

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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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4 Hiring Trends for 2023, relative to the Staffing Industry

COATS Staffing Software

As you might expect with the increasing difficulty in finding even entry level employees to work, Recruiters are taking a more proactive role in all positions to try and get candidates in the door. Since 2016, according to a LinkedIn Survey, demand for Recruiters themselves has increased by 63% and that trend has continued to date.

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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 Pros and Cons of Using Social Media as a Recruiting Tool

Extensis

Here’s what to know about using social media as a recruiting tool and the advantages a PEO partnership can provide. While the above statistics focus on overall user numbers, specific data regarding social media recruiting also exists. Benefits of using social media as a recruiting tool. Facilitates eight hires every minute.

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7 Trends to Expect in 2015

Cielo HR Leader

As recruiters, talent acquisition professionals and leaders in HR, the importance of employee engagement, culture, job satisfaction and retention is often discussed. As the LinkedIn survey concludes, companies need to plan ahead to overcome and/or stay ahead of their competitors when recruiting and hiring in the years ahead.

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