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Top Funding News in the HR, Recruiting and Benefits Space | 2016

Advos

Funding Announcements in the HR, Recruiting and Benefits Space | 2016. January 2016. The recruitment marketing platform Smashfly started off 2016 raising $22 million. The first of many big funding announcements in 2016. Recruitment Platform SmashFly Raises $22 Million in Second Round of Funding.

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Top M&A News in the HR, Recruiting and Benefits Space | 2016

Advos

M&A Announcements in the HR, Recruiting and Benefits Space | 2016. January 2016. SterlingBackcheck Made Several Strategic Acquisitions in 2016. Kronos Acquires Empower Software Solutions. February 2016. PrismHR Acquires Summit Software. March 2016. Asure Software Acquires Mangrove Software.

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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

Basically, here it is: CPH = (External Recruiting Costs + Internal Recruiting Costs) / Total Number of Hires for a Time Period. External recruiting costs include agency fees, advertising, job fairs, college recruiting, relocation, etc. According to SHRM, the average cost per hire in 2016 was $4,129.

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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. That means during the 44 days that companies are trying to fill a job, they are losing $22,000 in recruiting costs and productivity. The full report and findings have lots of insights that can be helpful, especially during recruitment planning meetings.

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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.

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Why You Can’t Waste Time During High Volume Recruiting

Spark Hire

It’s that time of year again: high volume recruiting is underway. However, any delays in the hiring process are exponentially more detrimental during high volume recruiting. . Altara Group , a professional recruitment, employment, and people management organization found themselves in a similar position. Click To Tweet.

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Best Applicant Tracking Software – Review Top 10 Systems for 2016

HR Morning

The recruitment process can be arduous for both employers and candidates. From sourcing candidates to tracking current applicants and ultimately hiring the ideal candidate, an ATS will reduce the time and expense of hiring new employees for both HR departments as well as recruiting and staffing agencies.