article thumbnail

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.

article thumbnail

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 advantage to this approach is that the organization gets fresh perspectives and new ideas. The disadvantage is that it can be expensive to attract talent from the outside. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. The hiring process is a two-way street. And that used to be true. Respond to candidates.

article thumbnail

Recruiting Is Only Getting Tougher [infographic] – Friday Distraction

HR Bartender

I believe one of the key metrics in recruiting is time to fill. Using the same example, if the requisition is approved on April 1 and the employee starts work on May 15, then time to start is 45 days. Today’s infographic from our friends at iCIMS, shows data from their 2015 Hiring Trends report. Their 2016 Recruiting Goals.”

article thumbnail

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.

article thumbnail

Healthcare Recruitment 2020: The Good, the Bad and the Future

Hospital Recruiting

For recruitment professionals in healthcare, the pandemic brought challenges and immediate solutions to meet demand and need. Many of the problems faced resulted in innovation which will work well for hospital recruiters in the future. The pandemic illustrated how often recruitment professionals in all industries need to be flexible.

article thumbnail

Is the Gig Economy Taking Over?

HR Bartender

There are advantages to this approach, the biggest being that organizations can tap into specialized talent when they need it. In iCIMS’ Q1 2016 U.S. Hiring Trends Report (PDF), they talk about the increase in contingent workers and its impact on overall hiring trends. Image courtesy of the iCIMS Q1 2016 U.S.

iCIMS 150