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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Every once in a while, I run across an article that talks about why organizations shouldn’t calculate cost per hire. Personally, I’m a big fan of the cost per hire metric. Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period.

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3 Ways to Improve the Candidate Experience

HR Bartender

(Editor’s Note: This article is an excerpt from my new book, “ The Recruiter’s Handbook: A Complete Guide for Sourcing, Selecting, and Engaging the Best Talent “ (SHRM, 2018) SHRM members can order a discounted copy at the SHRMStore. Organizations with a candidate experience strategy in place realize the work isn’t over.

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The 4 Constituents in Today’s Blended Workforce

HR Bartender

Each group involves a unique recruiting as well as an engagement strategy. BUY is where the company hires talent from the outside. The upside is that this strategy is great for employee morale. Image captured by Sharlyn Lauby after speaking at the 2016 MBTI Users Conference in San Francisco, CA.

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For this HR “vigilante,” the C-suite was a stop, not the destination

HR Brew

It was a job she thought would be temporary, though she’d end up staying for nearly 15 years, first in benefits and then recruiting before finally moving into professional development, where she worked to support the careers of employees’ she’d helped hire over the years. This [new opportunity] would be exciting to join very early.”

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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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Background Screening Impacts the Candidate Experience

HR Bartender

It even includes other steps in the overall hiring process, like background screening, where organizations might leverage third-party service providers. Every touchpoint in the hiring process is a part of the candidate experience. The candidate experience includes employment branding, career portals, offer letters, etc.

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Recruiting Is Only Getting Tougher [infographic] – Friday Distraction

HR Bartender

I believe one of the key metrics in recruiting is time to fill. Today’s infographic from our friends at iCIMS, shows data from their 2015 Hiring Trends report. That means during the 44 days that companies are trying to fill a job, they are losing $22,000 in recruiting costs and productivity. Their 2016 Recruiting Goals.”