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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). Every once in a while, I run across an article that talks about why organizations shouldn’t calculate cost per hire.

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The Rise of the People Strategy Platform

Visier

“Now, more than ever, the corporate strategy for large companies hinges on the people strategy.”. PwC’s 18th Annual Global CEO survey, which included a report on People strategy for the digital age: A new take on talent , identified six key priorities for CEOs and HR: Rethinking people strategy. Find the right leaders.

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The Worst HR Job I Ever Had

Robin Schooling

So although there was now a corporate “parent,” the company was maintaining its own identity, continuing onward with its strategies, and maintaining the wife-husband “owners” as CEO and SVP, respectively. Best office farewell party ever. ** This post originally ran in 2012 at the now defunct HRSchoolhouse. So I popped the top.

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How to Improve Retention: 10 Strategies to Support Employees and Reduce Turnover

15Five

A recent labor statistics study by LendingTree found that between 2012 and 2022, the median job tenure dropped almost 11%, from 4.6 Applying established best practices and data-driven strategies can help you look at not only why people want to leave but also what would make them want to stay. years to 4.1 years to 2.8

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5 Culture Trends for 2019

As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business. Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive.

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Is Your Company Suffering from High Attrition Rates?

Professional Alternatives

Replacing a worker can cost around 20 percent of their salary, according to a 2012 Center for American Progress study. Evaluate Your Recruiting and Hiring Methods Do you have a “go to” strategy you use for finding candidates for your open positions?

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Important Things If You Want To Recruit Generation Z In Your Company

HR Management

The successors to the Millennial generation, people belonging to Gen Z were born between 1996 and 2012. In short, you’ll have to adjust your recruitment strategy for Gen Z because they differ in many ways from their millennial predecessors. In other words, some of them are now mature enough to seek out job opportunities.