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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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Recruiting Is Only Getting Tougher [infographic] – Friday Distraction

HR Bartender

I believe one of the key metrics in recruiting is time to fill. It’s also a very flexible metric. The reason I think this is an important metric is because time to fill has an impact on how companies make decisions. Today’s infographic from our friends at iCIMS, shows data from their 2015 Hiring Trends report.

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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.

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Sumser tech spotlight: This hiring tool ‘distinguishes itself’

HRExecutive

Like many others, the company claims to make a difference in the hiring process. Contract overtime, caused by high attrition rates, sucks all of the margin out of healthcare institutions. In 2016, the company began to look for serious scale. Related: Learn about AI from Sumser at the HR Technology Conference & Exposition.

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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.”. Data center maintenance costs.

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What is HR Analytics?

Analytics in HR

According to them, HR analytics is the systematic identification and quantification of the people drivers of business outcomes (Heuvel & Bondarouk, 2016). Functions like recruitment, performance management, and learning & development will change. Or that you can predict which new hires will leave your company in the first year.

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8 Steps for Starting a Recruitment Agency in the UK

Manatal

Describing the challenge facing the recruitment industry, Recruitment & Employment Confederation (REC) Chief Executive Neil Carberry said, “As we have recovered, new headwinds have blown up, including labor shortages. YOU MIGHT LIKE: How to Start a Recruitment Agency during the COVID-19 Pandemic.