Recruitment Operations Statistics and Trends: A 2020 Benchmark Report

Yello

When it comes to recruitment operations benchmarks, understanding what’s going on outside your organization may be key to assessing whether you’re on point or behind the curve. Yello’s 2020 Recruitment Operations Benchmark Report reveals trends across multiple industries and a variety of job categories. 2020 Recruitment Operations Benchmark Report. It surveyed 200 professionals in the recruiting, talent acquisition, recruiting operations or staffing space.

Five key takeaways from ASA Staffing Connect East 2019

Shiftgig

Last week we hit the road and headed down to the Tar Heel State for the American Staffing Association’s newly rebranded Staffing Connect East. Staffing Connect is ASA’s regional conference where agencies and staffing experts can come together at a smaller, more focused event to discuss staffing benchmarks, growth strategies, and industry best practices. Here are our 5 key takeaways from the sessions at Staffing Connect East this year.

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Hiring Growth Is Slow but Differs by Industry, According to New Research

Criteria Corp

In our newly released Hiring Benchmark Report , we asked hiring professionals how many people they hired in the last 12 months, compared to how many people they plan to hire in the next 12 months.

Cafe Classic: The Break-Up - When Staffing and Compensation Practices Split

Compensation Cafe

Editor's Note: In this labor market, attracting and keeping the right talent depends on Staffing and Compensation working in sync. The problem often lies with your choice and use of data, and the fact that staffing and compensation practitioners no longer have a common understanding of what constitutes your talent pool. Do your market benchmarking practices reflect this shift? Is there a need for different survey sources to benchmark pay practices in this sector?

Survey: Two-thirds of global staffing firms to adopt AI-driven ATS by 2021

HRExecutive

According to a recent global survey, two-thirds of all staffing firms polled will adopt AI-fueled applicant tracking systems (ATS) by the end of the coming year. The global Artificial Intelligence in the Recruiting Industry benchmark survey , from CEIPAL, an SAAS front- and back-office staffing company operations vendor, found that 79% of enterprise staffing firms (with more than 100 recruiters) will have done the same.

Staffing Firms Among the Many Industries to Adopt AI by 2021

FingerCheck

According to the survey, two thirds of all staffing firms polled, will adopt AI-powered applicant tracking systems (ATS) by the end of 2020. The global Artificial Intelligence in the Recruiting Industry benchmark survey , from CEIPAL, a SAAS front-and back-office staffing company, determined that more than ¾ of enterprise staffing firms with 100+ recruiters will follow suit.

Benchmarking Talent Acquisition: Increasing Spend, Cost Per Hire, and Time to Fill

Bersin

I’m excited to announce that the highly-anticipated Talent Acquisition Factbook 2015: Benchmarks and Trends in Spending, Staffing, and Key Recruiting Metrics was published today.[1] Hiring & Onboarding HR & Talent Analytics HR Strategy & Benchmarking Human Resources Sourcing & Recruiting Talent Acquisition Strategy Talent Acquisition Tech Tools & Technology

D’Amicantonio: Do your policies address staffing specific third party exposure?

COATS Staffing Software

The staffing industry is unique in so many ways and adequately insuring risk is no exception. Many staffing companies are working with insurance carriers or brokers who do not specialize in the staffing industry, and we often find key areas of exposure not addressed correctly or addressed at all. Your Employment Practices Liability policy can only respond as structured, so it needs to be structured for the particular needs of the staffing industry.

D’Amicantonio: Do your policies address staffing specific third party exposure?

COATS Staffing Software

The staffing industry is unique in so many ways and adequately insuring risk is no exception. Many staffing companies are working with insurance carriers or brokers who do not specialize in the staffing industry, and we often find key areas of exposure not addressed correctly or addressed at all. Your Employment Practices Liability policy can only respond as structured, so it needs to be structured for the particular needs of the staffing industry.

D’Amicantonio: Do your policies address staffing specific third party exposure?

COATS Staffing Software

The staffing industry is unique in so many ways and adequately insuring risk is no exception. Many staffing companies are working with insurance carriers or brokers who do not specialize in the staffing industry, and we often find key areas of exposure not addressed correctly or addressed at all. Your Employment Practices Liability policy can only respond as structured, so it needs to be structured for the particular needs of the staffing industry.

The Road Ahead

HRO Today

With the continued proliferation and criticality of globally consolidated predictive analytics and benchmarking capabilities paired with the advancements in digitalization, payroll has the opportunity to truly shift its focus toward becoming a strategic advisor to the business.

The Skills Lifecycle Part 2: Benchmarking isn’t Just for Baseball

Degreed

This analysis, known as sabermetrics , led the Athletics to make unconventional staffing decisions that enabled them to remain competitive against larger market teams, despite a significantly lower payroll. Benchmarking , the second phase of the Skills Lifecycle , involves measuring the skill-sets of your employees. The post The Skills Lifecycle Part 2: Benchmarking isn’t Just for Baseball appeared first on Degreed Blog.

Fortune 500 study: personalization, AI deficit in job candidate experience

HRExecutive

In its State of Candidate Experience: 2020 Benchmarks study, Phenom People, found that 94% of Fortune 500 employer do not include a chatbots and 92% do not deliver recommended jobs based on candidate profiles. Career Development Employment Engagement HR Technology Performance Management Recognition Recruiting Retention Staffing Talent Acquisition Talent Management Top Stories

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A Strong Dose of Strategy

HRO Today

He supplemented this feedback with data, leveraging metrics like time to fill, number of hires, hiring manager satisfaction, candidate satisfaction, and industry benchmarks to identify opportunities and develop a business case for change. RPO & Staffing Talent Acquisition CHRO-Focused Article Magazine Article September-2019Four key principles guide talent acquisition at Fresenius Medical Care North America. By Marta Chmielowicz.

Fine-tune hiring with pre-hire assessments

HR Management

Some recruiters will have fit-for-the-role tests and even benchmarks. Employee Engagement Featured HR Strategy Managing Online Recruitment People Management Performance Management Staffing & Recruitment Systems & SoftwareThe science and art of hiring, retaining and properly matching people to positions and positions to organizational needs and culture is mission-critical. Every business wants to hire quality people.

Financing the Future of Higher Education

EverFi - HR

With budget and staffing data from over 140 campuses, EVERFI and NACUBO partnered to develop a playbook for campus leaders to more effectively allocate resources and drive results around critical prevention issues.

Replacement Planning: 3 Steps to Develop Your Organization’s Strategy

HR Bartender

Since organizations don’t always get to control the timing and circumstances, having a staffing backup plan (aka replacement plan), makes sense. Using that as your benchmark, which positions must be filled in less time? And you should have much of this information from your workforce plan and staffing analysis. Again, your staffing analysis should contain this information.

Understanding Your Most Important Asset

Talent Analytics

Rules of thumb and industry benchmarks from magazine articles dominate employee strategy. Blog attrition big data analytics for the workforce Books hr analytics HR and Churn reduction Jean Paul Isson people analytics predictive predictive workforce analytics Staffing Talent Analytics Executive Perspectives The Future of Work Turnover workforce workforce analytics

Financing the Future of Higher Education

EverFi - HR

Prevention budget and staffing benchmarks across small, medium, large, and nationally-leading institutions . The challenges facing higher education today require bold and innovative solutions.

Adding HR Headcount – Ask #HR Bartender

HR Bartender

I know the standard staffing benchmark is usually 1 HR person for every 200 employees. I believe the standard benchmarks for staffing can fluctuate based upon industry and employee population. There’s always a conversation going on about doing business differently, which is fine. I agree that we need to stay current. But what if the new normal means adding headcount? That’s what today’s reader note is all about: Hello there.

The Optimal HR to Employee Ratio

Analytics in HR

In this article, we will look at what the HR to employee ratio is, list factors that will influence this ratio, and give a benchmark of the HR to staff ratio. HR to employee ratio best practice Optimal HR to employee ratio benchmark. Let’s start by exploring what the HR to employee ratio (also known as HR to staff ratio or HR staffing ratio ) is. To do this, she wants to compare the ratio in the organization to the benchmark ratio in the industry.

Yes, HR Really Does Make a Difference – HR Factbook Research Proves Business Value

Josh Bersin

This week we published the first ever HR Factbook®, a comprehensive benchmarking study which summarizes almost two years of research into the spending, resource allocation, and staffing levels of. Bersin & Associates, Leading Research and Advisory Services in Enterprise Learning and Talent Management. Human Resources Leadership Development HR Factbook Talent Management

Managing PRN Costs

DATIS

These factors make it difficult to balance staffing levels and costs. In this environment, many organizations are utilizing pools of PRNs, or on-call staff, to bridge staffing gaps. . In some situations, creating and managing PRN staffing models is a necessity. Is the department really short staffed or is their time being inflated due to low oversight? More commonly, overtime stems from staffing emergencies like call-offs, no-shows, or terminations.

The Reason Companies Should Calculate Cost Per Hire

HR Bartender

I believe the goal of calculating CPH is to provide organizations with a benchmark for their recruiting activities. CPH gives the company some estimate to consider when it comes to the cost of staffing the new location. 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. I think it provides valuable information.

How Big Should Your HR Staff and Budget Be?

Compensation Force

While this is a question best answered in the context of your unique talent strategy -- what it will take to execute that strategy to drive organization success and what role HR plays in making that happen -- benchmarks can sometimes provide a helpful reference point. Bloomberg BNA's 2017 HR Department Benchmarks and Analysis Report (its 40th annual HR benchmarking study), based on the responses of 681 U.S. A few summary outtakes: HR Staffing.

Background Screening Impacts the Candidate Experience

HR Bartender

In HireRight’s 2015 Employment Screening Benchmark Report , 51 percent of organizations said that finding and retaining talent was their top business challenge. If we look at only the background screening piece: New staffing strategies require a new approach to the background screening process. Participate in HireRight’s annual employment screening benchmarking survey.

How to Get Employees Involved in Reducing Business Expenses

Business2Community Leadership

Provide secure channels for gathering feedback, benchmark output per employee, and provide support for struggling departments. One of the first areas you need to look at is staffing. Virtual assistants, through proven staffing agencies, generally have specific fields of expertise.

Strategic workforce planning: why and how to begin

Insperity

Many companies discuss staffing when it’s time to establish annual goals and set a budget. But this staffing practice is shortsighted for two main reasons: The focus is usually short-term (one year or less). You probably have a hiring plan.

Learning Corner with Jeffrey Pfeffer: Break Some Rules in 2021

Cornerstone On Demand - Talent Management

Take an example from the grocery business: It’s a low-margin industry, where most companies pursue economies of scale through purchasing in enormous quantities and seek lower labor costs by minimizing staffing (and the skills of staff) in a vain effort to out-Walmart Walmart.

How Healthcare Employers Can Manage Nursing Talent More Strategically

Precheck

Problems with the work environment were a major contributor to this restlessness, especially the lack of appropriate staffing. Only 39 percent of respondents said that they had adequate staffing with the right knowledge and skills at least 75 percent of the time. Employers have to address working conditions — including staffing levels — to reduce turnover and improve retention, she says. What are your pay benchmarks?

Sterling Sponsors 2018 SIA’s 40 Under 40 Leaders List

Sterling Check

The staffing industry has been extremely impacted by the gig economy leading to many discussions on how to maximize the talent supply chain of the On-Demand workforce. This topic and more will be discussed at the Staffing Industry Analyst (SIA) Collaboration in the Gig Economy Conference October 4-5 in Dallas. Each year, SIA recognizes a unique set of leaders who are impacting the staffing industry.

Recruiting costs FAQ: Budget and cost per hire

Workable

What’s a good benchmark for cost per hire? What’s a good benchmark for recruiting costs? What’s a good benchmark for a recruiting budget? What’s a good benchmark for cost per hire? Depending on the size of company and industry, a good benchmark is a value between $3,000 and $5,000. What’s a good benchmark for recruiting costs? Money spent to pay individual recruiters, recruiting agencies or staffing firms.

The Secret To Selecting and Measuring Key Employee Performance Metrics

EmployeeConnect

Rules for Determining Key Performance Metrics The most effective performance metrics include both strategy-based and goal-based benchmarks. Effectiveness: Effectiveness measurements can include the number of customers each employee serves successfully, the time it takes to accomplish programs or projects, quality of work, customer satisfaction and other benchmarks.

Alcohol and Sexual Assault Prevention

EverFi - HR

outward support from senior leaders, appropriate budget and staffing, and campus-wide commitment to. Benchmark your prevention funding and staffing against leading institutions with the Campus Prevention Network Executive Diagnostic Assessment.

Sterling Sponsors 2018 SIA’s 40 Under 40 Leaders List

Sterling Check

The staffing industry has been extremely impacted by the gig economy leading to many discussions on how to maximize the talent supply chain of the On-Demand workforce. This topic and more will be discussed at the Staffing Industry Analyst (SIA) Collaboration in the Gig Economy Conference October 4-5 in Dallas. Each year, SIA recognizes a unique set of leaders who are impacting the staffing industry.

Cafe Classic: When It Isn't There

Compensation Cafe

What you'll get is national data and have to make the most with it. • Your "special" jobs are missing : Limited data will condense around benchmark jobs, in an effort to gather up as much information as possible.

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HR Analytics: Automation, Unification & Executive Oversight

DATIS

Removing information silos is key to unifying the benchmarks of each department to achieve the goals of the organization at large. No more over-hiring, no more under-staffing. We have written plenty about the emergence of an increased reliance on technology for HR analytics. As we move into the third quarter of 2017, a new survey conducted by CareerBuilder reported that 45% of organizations plan to move to new HR & recruiting technologies this year.