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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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24 Best Employee Engagement Software Platforms

Semos Cloud

24 Best Employee Engagement Software Platforms. See which employee engagement software platforms you can include in your HR Tech stack to encourage employee engagement. Employee engagement software platforms are becoming the essential parts of companies’ HR Tech stacks. Learning Management System .

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Top 6 ADP alternatives & competitors (in-depth comparison)

Homebase

That’s why you’re looking for HR software that can take some tedious admin tasks off your hands. Perhaps you came across the leading solution, ADP, after a quick Google search. At least now you have a better idea of what you’re looking for — a platform similar to ADP with a few key changes to suit your needs.

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Gain Actionable Insights Using Three New UKG Ready Benchmarking Features

UKG

Gain Actionable Insights Using Three New UKG Ready Benchmarking Features michael.reschke Wed, 08/16/2023 - 10:25 Main Image Background Color Blue Body Benchmarking allows you to compare important data to find the most effective way to manage your talent, increasing productivity and efficiencies and giving you a competitive edge.

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

Visier

“Build vs. Rent” is a common dichotomy in technology buying, but what does it mean when applied to people analytics? The race to adopt people analytics is heating up: according to the Bersin by Deloitte HR Technology Disruptions for 2018 report , “people analytics is now a must-have discipline within HR and business.”.

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Top Cognitive Assessment Tools

TalenX

Success is a game of chance that many companies take when hiring a new employee for a position. There is no secret tool that can help an organization hire the right person every time, but there are some tools that can help you hit the bullseye more often. Best Cognitive Assessment Tools. Introduction.

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Which Recruitment Metrics Are Right For You – Cost Per Hire?

ExactHire

And let’s say you do know which KPIs will serve you well…how do you then decide on appropriate benchmarks for each metric for your business? An applicant tracking system (ATS) – though an expense – might save one enough time in shortening the screening process to be worth it.

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