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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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Should You Expect Candidate Data with Your Next Recruiting Technology Purchase?

Lighthouse

Our research over the years has shown that HR tech is a key aspect of supporting organizational agility and a critical enabler of business strategy and outcomes. We’re comparing them against solutions like CRMs and recruitment marketing systems that are built for look and feel.

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10 Top Recruitment Marketing Tools of 2024

Vantage Circle

Introduction In today’s job market, where candidates have more choices than ever, recruitment marketing has revolutionized how companies attract, engage, and retain top talent. What is a Recruitment Marketing Platform? Gone are the days of simply posting job ads and waiting for resumes to pile up.

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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. Recently, I learned about a large software organization’s quest to build a people analytics solution.

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How Can HR Contribute to Business Growth and Help Envision Future Success?

HR Digest

For years, HR teams have largely been delegated to admin tasks and rote hiring activities, but there are innumerable ways by which HR can contribute to business success. Employee Hiring and Retention Undeniably, HR strategies for growing businesses begin with hiring and retention.

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Recruiting ‘opportunity youth’ offers HR the chance to fill skills gaps

HR Brew

Struggling to recruit skilled employees from diverse backgrounds? Why recruit opportunity youth? Nearly eight in 10 (77%) of the 1,488 US-based HR professionals surveyed by SHRM in November 2023 said their opportunity youth employees performed “as well or better” in comparison to their other employees.

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12 Types of HR Reports For Better Business Decisions [+ Free HR Board Report Template]

Analytics in HR

An HR report provides critical insights that enable HR professionals and organizational leaders to make informed decisions about their workforce related to recruitment , training, compensation, and resource allocation. It’s especially valuable during budgeting or when assessing the need for additional hiring or workforce reductions.

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