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The Reason Companies Should Calculate Cost Per Hire

HR Bartender

However, it is a complicated metric by comparison. Now, I get it…there’s lots of talk about quality of hire being the best recruiting metric. I’m not opposed to calculating quality of hire. And I know we sometimes hate to talk like this but quality of hire is based on the company’s budget. So, quality of hire is relative to cost per hire.

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Why Integrate Payroll with HR Software?

EmployeeConnect

That opens the door to deeper analytics, such as: Cost of turnover per department Overtime trends and budgeting accuracy Pay equity comparisons Benefits utilisation rates These insights allow HR and leadership teams to make more informed, data- driven decisions about staffing, compensation, and strategic planning.

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Top 10 HR Software Tools for 2025: Features, Comparisons & Reviews

EmployeeConnect

In this guide, we break down the top 10 HR software tools for 2025 , including key features, comparisons, and what makes each system stand out. With 2025 around the corner, businesses are re-evaluating their HR systems to find solutions that are more agile, integrated, and scalable.

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An SMB Employer’s Guide to Streamlining Open Enrollment

Extensis

Many workers don’t understand their benefits , and this is where providing plan comparisons can make an impact. To create these comparisons, HR leaders should first examine their employee demographic data, using a tool like ExtensisHR’s DEI Dashboard to determine the most prevalent groups.

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Recognition and Rewards Buyers Guide

A decision checklist & comparison sheet. Download this guide to compare vendors and must-ask questions on: The business value & ROI. Identify your goals for a program. Key questions for vendors. Budgeting exercises.

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There’s a disconnect between what employers and workers think about their benefits communications and packages

HR Brew

For example, she said employers should look at what services employees are using now in comparison to previous years. A key to closing the gap between employers’ and workers’ perceptions about benefits next year is to begin thinking about choices and strategy in the first quarter, Foster said.

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First comes pay transparency. Next comes pay equity.

HR Brew

Increased pay transparency may raise “questions and comparisons between job postings for prospective employees and how they stack up with internal salaries,” Lindsay Wiggins, WTW’s North America Pay Equity co-leader, said in a statement.