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Recruiting Best Practices- Your Technology and You

HRchitect

Most of us achieve this by using one of the many vendor provided Recruiting Systems. One of the ways a modern recruiting system achieves this is by requesting EEO data from your candidates, and keeping it confidential. The system will then allow the recruiter and hiring manager to make decisions that will be made on the candidate’s merits and not impacted by confidential data. Metrics and Analytics. He joined HRchitect in March 2015. Written by: Bob Campagnoni.

Five Must-Have Manager Effectiveness Metrics for Engagement, Performance, and Tech Innovation Success

Visier

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people. So it’s important to use metrics that will help you answer questions like: Which managers retain the most top performers? Must-have manager effectiveness metric #2: High performer resignation rate.

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Five Must-Have Manager Effectiveness Metrics for Engagement, Performance, and Tech Innovation Success

Visier

How to Link Workforce Metrics With Business Outcomes, Part Two. The second in a four-part series on linking workforce metrics to business outcomes, this post looks at five key metrics for manager effectiveness that will help your organization motivate talented people. So it’s important to use metrics that will help you answer questions like: Which managers retain the most top performers? Must-have manager effectiveness metric #2: High performer resignation rate.

Cost-per-hire metrics, demystified

Workable

Cost-per-hire (CPH) is one of the most intriguing recruiting metrics. Internal costs refer to “internal staff, capital and organizational costs of the recruitment function.” Note that internal costs can include resource allocation from one team to another for recruitment purposes, even if money stays in the company. External costs refer to any “expense that is incurred to external vendors or individuals during the course of recruiting.” Blog Recruiting

Framing the Recruiting Work You Do For Hiring Managers In a Single Sentence.

The HR Capitalist

It''s easy to get in the weeds on recruiting. Do we have compensation issues? If your recruiting/talent metrics do anything, they should provide line of sight to how things are going. When you''re reporting on your own recruiting shop''s effectiveness, there are a lot of ways to do metrics. Many of the metrics that people want to report on take you deep into the weeds. Need an overview/executive summary metric that makes sense?

Recruiting Metrics that Measure Greater Company Health

Entelo

Indulge me in my assumption that you've spent a not inconsiderable amount of time trawling the blogosphere for advice on recruiting metrics. Let's face it, you're not getting any budget for team hires or sexy powerful recruiting tools unless you can bring some data to the table telling the story of your conquests. Often, recruiters will measure referrals in terms of hires made, and frame it in comparison with outbound and inbound recruiting efforts.

Use 'The Interruption Strategy' to Tackle the Diversity Gap

Cornerstone On Demand

In her Harvard Business Review article, “ Hacking Tech's Diversity Problem ," Williams introduces a new metric-based approach to increasing and retaining diverse employees in organizations. Step 2: Identify Key Metrics. Once you've identified a problem, you must identify your metrics. Once you have determined a point of bias and related key metrics, it's time to experiment.

Cost-to-Hire: Don’t Spend $100s to Earn Pennies

Cornerstone On Demand

According to the Brandon Hall Group , the majority of organizations have a very limited grasp on true cost-to-hire metrics — especially for poor hires. Additional variables include unemployment compensation, missed business opportunities, loss of team productivity, poor customer service, outplacement, weakened employer brand, litigation fees. Talent Acquisition Talent Acquisition Recruiting Bad Hire Assessment InterviewingHow often do you make bad hires?

Make Your Presentation Relevant: Sample Metrics for the C-Suite Audience

HR Daily Advisor

In yesterday’s Advisor, we shared tips on presenting HR metrics to the C-suite from guest columnist and business consultant Bridget Miller. Today, Miller elaborates on specific metrics that may be of interest to your executive team. What metrics should you present? To decide on proper metrics, the HR team will need to assess the needs of their organization and meet with their executive team in advance to be on the same page in terms of what is important to each team member.

Make Your Compensation Work Across Generations

HR Daily Advisor

In yesterday’s Advisor , we looked at the first two of Payscale’s five compensation tips for workers at all stages of their careers, referencing their report, Compensation Challenges for a Multi-Generational Workforce. ” Recruiting is a challenge for 2015. Learn what’s happening in the real world with our new research report, Recruiting Best Practices: Finding and Attracting Talent in 2015’s Challenging Business Climate.

PayScale Tools for Today's Comp Pro! Compensation Glossary: Part 1 of 4

Compensation Today

Jenni Marquez, CCP, PayScale Compensation Professional Even the most seasoned HR professional might take a big gulp if approached by their CEO to take charge of anything comp. That’s because, despite being part of the HR department, compensation is like the cool kid at a party. We’ve compiled a list of fundamental compensation terms and why they’re important to know. 3) PAY POLICIES Definition: Statements on how you intend to administer the compensation plan.

The HR Leadership Revolution — Will You Thrive?

Visier

A February 2015 study — conducted by Harris Poll on behalf of Visier — surveyed 301 corporate executives at companies with revenue of $1 billion or more across America and asked about sought-after HR leadership skills. Informed business executives know that talent has the upper hand in today’s market (hiring, new job creation, and voluntary turnover are all at 5-year highs, according to the BLS Job Openings and Labor Turnover Survey released in February 2015).

CHRO 316

How HR Can Tackle Diversity Using the Rooney Rule

Visier

In August 2015, the need for more workforce diversity was spotlighted in a big way when President Obama issued a call to action to technology companies, encouraging them to hire more women and minorities by implementing the Rooney Rule. During the White House’s first-ever Demo Day , over a dozen major technology companies committed to ensuring more diverse recruitment and hiring practices, including Facebook , Amazon, Microsoft and Box.

The Results of Our HR Metrics Best Practices Survey Are In!

HR Daily Advisor

The HR Daily Advisor’ s HR Metrics Survey, conducted in April 2015, sought to gain a better understanding of how metrics are being utilized in the field of human resources. Does HR use metrics to gauge its own performance as a department? What metrics do respondents find to be the most useful? Some Highlights from the HR Metrics Survey: The most popular metric among participants was turnover, which is measured by 78% of the response pool.

What is Important in HR Technology?

New to HR

As millennials, those aged between 18 and 34, tipped the generational scale and became the majority workforce in 2015, the dependence on technology has only risen. The SHRM predicted that in 2015, European-based HR functions would “ continue to see a shift in companies running decentralized HR processes and moving to centralized HR process with automated benefits administration, ” aimed at allowing corporations to more closely assess their ROI and value. Analytics and Metrics.

The top 10 recruiting mistakes employers must avoid

Compensation Today

Recruiting today takes guts. The life of a recruiter, and nearly every other person who’s in charge of hiring, can be stressful and difficult. That’s why I’ve compiled the Top 10 Recruiting Mistakes Employers Must Avoid. Take it from one recruitment pro to another. Instead, recruitment must be focused on long-term benefits to the organization. Again, recruitment isn’t a popularity contest. Hire based on potential and traits, not metrics. Tess C.

‘Tis the Season for Rising Health Care Costs – Managing Total Compensation Changes

Compensation Today

How will employers manage their total compensation strategy for the coming year in order to remain competitive? Not Surprising.Health Care Costs on the Rise A Kaiser Family Foundation survey reported that employer-sponsored insurance premiums climbed steadily in 2015 as expected due to the increased demand for health care plans with the Affordable Care Act. Connecting additional compensation to performance metrics so that hard working employees see the results of their efforts.

5 Mistakes to Avoid with Your Intern Program

CultureIQ

Skimping on compensation. In turn, interns should receive fair compensation. Depending on your organization and the specifics of the internship , compensation can be monetary or come in the form of class credit. In addition to official compensation, provide plenty of formal enrichment opportunities, such as networking, regular seminars, or even travel. . Culture Recruiting and Onboarding intern mentorship

This is What Talent Management Will Look Like By The Year 2018 — Are You Ready?

Visier

While talent management is viewed as an urgent priority, knowledge about the workforce is typically limited to isolated metrics, such as time-to-fill for vacant positions. This is partially because of the way talent management has evolved into multiple data silos (each function — such as compensation, recruitment, and benefits — has its own set of transactional data that typically can’t be linked with other systems).

This Is What Companies Do When They Are Getting Kicked by Entry-Level Turnover.

The HR Capitalist

Let''s say you''re an HR leader responsible for recruiting and retention in some entry-level parts of your company, and your turnover rate is the death of a thousand cuts. The turnover, lost productivity and recruitment costs that this should help address are significant. Put another way, you now have a metric for attempting to solve your entry level call center turnover problem. Compensation Employee Relations

‘Try Harder’ Is Not a Recruiting Strategy

HR Daily Advisor

Too many recruiters respond to challenges with “OK, I’ll try harder.” There’s a lot of pressure on recruiters these days, says Vlastelica. To respond, the first step is to have an agile recruiting strategy, he says. He offers the following as key inputs and outputs for a recruiting strategy: What Are the Key Inputs? Priorities (There are three major priorities related to recruiting, says Vlastelica: speed, quality, and cost.

15 Recruiting Techniques to Hire Like Box

Entelo

Fast forward to 2015, Box is a publicly traded company with nearly 1,600 employees, and the cloud is a virtual seventh heaven. Missed our webinar with Kenny on how to hire a recruiting team ? We took note of Box's sourcing tactics, and the metrics and tools they used to build one of the top hiring orgs of all time. How did you motivate recruiters from just filling roles to hiring great people? Did you have a formal training program for getting recruiters ramped up?

How Scarcity and Attrition Might Ruin Recruitment Planning

HR Daily Advisor

To successfully meet demands in this area, you need to partner early; otherwise, there will be an impossible plan that demands nearly immediate hiring of scarce applicants without adequate compensation. Recruiting is a challenge for 2015. Learn what’s happening in the real world with our new research report, Recruiting Best Practices: Finding and Attracting Talent in 2015’s Challenging Business Climate. Recruiting is changing at a rapid pace.

Recruitment and Retention—What’s Really Happening for 2015?

HR Daily Advisor

As we head into 2015, the scope of recruiting and retention is constantly shifting, and we’d like to know a little bit more about how it’s being handled out there. Which metrics are being used to track the quality of hire? How do organizations see social media impacting their recruiting strategy? More and more, engagement and retention are the watchwords of HR and compensation, and training and development are major factors. E-pinions BLR HR recruiting survey

How HR Metrics Help You Make Smarter Decisions

SAP Innovation

The future of HR metrics is predictive, but that’s not fully ready yet. How can we change our compensation process? Predictive HR metrics. HR metrics in recruiting. The amount of data that recruiters can use now makes their job easier (or harder, depending on how you argue it), but there are several ways that recruiters can use data to get better at hiring. Using social media for recruiting. Learn more about HR metrics.

How HR Metrics Help You Make Smarter Decisions

SAP Innovation

The future of HR metrics is predictive, but that’s not fully ready yet. How can we change our compensation process? Predictive HR metrics. HR metrics in recruiting. The amount of data that recruiters can use now makes their job easier (or harder, depending on how you argue it), but there are several ways that recruiters can use data to get better at hiring. Using social media for recruiting. Learn more about HR metrics.

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. But with 2015 a mere blink away – if the past 365 days are any indication – morale in the years ahead cannot be an added bonus. Employee engagement and job satisfaction is one trend/challenge that appears to carry particular significance as we near 2015. Trend 3: Recruiters are in the marketing game now.

This is What Talent Management Will Look Like By The Year 2018 — Are You Ready?

Visier

While talent management is viewed as an urgent priority, knowledge about the workforce is typically limited to isolated metrics, such as time-to-fill for vacant positions. This is partially because of the way talent management has evolved into multiple data silos (each function — such as compensation, recruitment, and benefits — has its own set of transactional data that typically can’t be linked with other systems).

The HR Leadership Revolution — Will You Thrive?

Visier

A February 2015 study — conducted by Harris Poll on behalf of Visier — surveyed 301 corporate executives at companies with revenue of $1 billion or more across America and asked about sought-after HR leadership skills. Informed business executives know that talent has the upper hand in today’s market (hiring, new job creation, and voluntary turnover are all at 5-year highs, according to the BLS Job Openings and Labor Turnover Survey released in February 2015).

CHRO 150

5 Steps to Creating a Merit Matrix

Compensation Today

This is the art piece of compensation – use your best judgment considering where most employees fall relative to their range and where most employees fall regarding performance. Again, this is the creative side of compensation. If you are implementing a new or revised compensation plan, it is likely you will have some employees that are paid above and below range. Most companies today are actively working to develop a pay-for-performance culture.

10 Rules for Employee Retention Your Competition Will Hate

Insperity

These metrics will help you give your employees clear direction and ensure their work stays on track. Consider productivity-based metrics that focus on your employees’ ability to meet deadlines. ” By keeping tabs on competition, you’ll have an edge when it comes to retaining and recruiting top talent. Take advantage of job websites such as Glassdoor or LinkedIn to find out how your competition stacks up when it comes to compensation, benefits and culture.

New Software Isn’t Always the Answer to an HR Problem

TLNT: The Business of HR

Once the software has been installed, it must be maintained, mined and analyzed along with all of the other data from HRIS, compensation, learning and development and recruiting. I brought the first mini-computer into my organization in 1981 for the purpose of tracking sales incentive compensation. I get dozens of emails each day telling me how a great product can have a miraculous effect in my company.

The Pros and Cons of Focal vs. Anniversary Merit Raises

Compensation Today

While it can raise concerns for employees initially, there are multiple advantages of changing salary increases to correspond with actual performance metrics. Compensation Professional & Team Lead, “Doing anniversary reviews isn’t so bad when you have a small organization but any larger than 40 employees and suddenly it’s a nightmare for HR to manage.” Get the PayScale Compensation Best Practices Report today. Tess C.

10 Rules for Employee Retention Your Competition will Hate

Insperity

These metrics will help you give your employees clear direction and ensure their work stays on track. Consider productivity-based metrics that focus on your employees’ ability to meet deadlines. By keeping tabs on competition, you’ll have an edge when it comes to retaining and recruiting top talent. Take advantage of job websites such as Glassdoor or LinkedIn to find out how your competition stacks up when it comes to compensation, benefits and culture. Compensate.

Lively Discussion on Measuring Sourcer Performance

Entelo

Here, I don't mean compensation or belief in the company mission. Rather, what ultimate metrics are used to assess a team member's efficacy? For sourcers, there is much debate on what exactly these metrics should be. At Entelo, we're of the opinion that a sourcer's role is to build pipeline for recruiters and hiring managers. If people source candidates the recruiter or hiring manager deems worthy of a closer look, they've done their job.

How to Achieve Talent Management Excellence in Your Organization

Oracle HCM - Modern HR in the Cloud

Fragmented HR processes: Areas such as hiring, onboarding, performance management, learning management, and compensation and reward are often compartmentalized, with no one looking at the overall view across processes. This results in decisions that are not optimized for the overall organization, as well as an inability to view correlations across processes—for example, the impact of training or recruiting sources on performance. By Madhur Chaturvedi.

Examining Relationship Based Physician Recruitment

Hospital Recruiting

Physician recruitment involves several considerations, such as an evaluation of physician need across practice areas, sourcing and recruiting viable candidates, promoting the healthcare facility and community to top candidates, and ensuring a work style and culture fit. A March 2015 report by the forecasting firm HIS, Inc., Such programs reduce real opportunity costs in terms of high acceptance-to- recruiter ratios, along with high acceptance-per-facility visit rates.