Remove Benchmarking Remove Metrics Remove Recruiting resources
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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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HR KPIs: Guide, 20 Examples & Free Template

AIHR

In this article, we dive into the details of KPIs in HR. HR KPI examples HR KPIs vs metrics Characteristics of good HR KPIs Leading vs. lagging KPIs HR KPIs case study HR KPI template HR KPI best practices FAQ What are HR KPIs? A practical example Dodgers is an organization trying to innovate in a highly competitive landscape.

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Workforce Planning is a Team Sport: Collaborating for Success

MP Wired For HR

Data-Driven Decision Making Combining financial data—such as budgets and costs— with HR metrics, including talent acquisition and turnover rates, allows organizations to make informed decisions. Organizations must regularly benchmark their compensation packages against industry standards to remain attractive to potential employees.

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Analytics Unleashed: Practical Applications in HR

Hire Road

Analytics Unleashed: Practical Applications in HR Analytics can be an intimidating word for many HR professionals, often conjuring images of endless spreadsheets, eye-watering pivot tables, and a level of technical complexity reserved for data scientists alone. Another real-world use case involves compensation analysis.

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Un”comp”licating Compensation - Building a Brand People Want to Work for

Speaker: Kathy Steele, CEO, Red Caffeine

With unemployment levels nearing all-time lows, it’s time to get started and embed your comp practices into a part of your overall employee experience. Why a comp campaign must consider the whole employee experience from recruitment and engagement through retention.

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

Visier

To achieve this, the company hired an HR business intelligence team, standardized their reporting metrics, and invested over $3 million in a data warehouse and business intelligence (BI) software. Analysts to determine metric definitions and create reports. Data integration (How much will the vendor do for you?

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Improving Employee Retention In IT With Smart HR Management Practices

HR Management

Smart HR practices offer a way to tackle these challenges head-on, creating an environment where your IT professionals want to stay and thrive. Let’s explore how to implement these practices, from initial hiring to cultivating a culture that fosters long-term commitment.