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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. According to SHRM, the average cost per hire in 2016 was $4,129. I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities. I like to calculate CPH at the beginning of interview skills training.

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

Visier

The race to adopt workforce intelligence is heating up: according to the Deloitte Human Capital Trends 2016 report , “companies are no longer ‘stuck in neutral’ in their deployment of people analytics… Indeed, analytics capabilities will be a fundamental requirement for the effective HR business partner.”. IT administrators.

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How Assessments Create Successful Manufacturing Hires

TalentCulture

A 2016 MRI survey on recruiting found that 80 percent of all hires are mistakes that cost companies time and money. Metrics for Better Performance. Technical training — 67 percent lacked. Companies can also establish benchmarks based on existing best-performing employees — a new but proven strategy that’s catching on.

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How to Evaluate the Success of Your Company’s Onboarding Program

HR Bartender

Here are three examples: Kirkpatrick Levels of Evaluation : Created by Donald Kirkpatrick, this model has become the standard for measuring training program effectiveness. Human Resources Metrics : According to a survey from Korn Ferry, 98 percent of executives believe that onboarding programs are the key to employee retention.

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How to Handle Tricky Problems With Contractors: 5 Tips for HR Teams

Hppy

We’ll explore various aspects of working with contractors such as setting expectations, conflict resolution, overcoming roadblocks, tracking performance metrics and insurance considerations. Offering training opportunities: Preparing training programs that cater to specific contractor needs or sharing useful learning resources.

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People Analytics and HR-Tech Reading List

Littal Shemer

The readers will develop insights into the topics like primary metrics, KPIs, and processes involved in different HR subdomains like recruitment and employee engagement.” Tracing changes in a global sample of firms, it provides an international benchmark against which to measure a company’s HR practice. Boudreau , Wayne F.

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The 5 Key Job Application Metrics You Need to Know

Yello

06/16/2017 // By tracy kelly // recruitment metrics. Here are the five job application metrics every recruiter needs to know to help improve the candidate experience. Monitor the number of applicants by position and department to set benchmarks and track application numbers over time. Number of Applicants.

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