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

ExactHire

But sometimes having that much information at our fingertips can be disabling and intimidating if we aren’t sure which metrics are worth our attention for our specific company. 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?

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10 Top Recruitment Marketing Tools of 2024

Vantage Circle

Recruitment Marketing Software plays a crucial role in this transformation, enabling companies to amplify their brand, highlight their culture, and engage with potential hires early in their career journeys. 100Hires : Ideal for high-volume hiring, providing extensive applicant tracking and easy job posting across platforms.

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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 warehouse software licenses. Data integration tools licenses.

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10 Recruiting Metrics You Should Know About

Skillate

Today, hiring managers from different industries are more intrigued by modern technology to hire new candidates. If you want to hire new people for your team, you can easily streamline the hiring process. What are recruiting metrics? There are more than a dozen different recruiting metrics.

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HR Tech Awards 2025 Winners Announced

Lighthouse

These tools available to organizations right now can help them hire, develop, and retain their people, and the platforms and systems are amazing in their ability to support intelligent decisions, personalized actions, and more. A standout for enterprise-ready, future-facing hiring tech. Our team was impressed.

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The Ultimate Guide to Talent Acquisition: Best Practices for Success

Peoplebox

Poor hiring decisions. Your hiring process takes forever, your job posts disappear into the void, and that “perfect candidate” just accepted an offer from your competitor.Traditional recruiting focuses on filling seats. Hiring processes have evolved over the decades. Companies worldwide are losing $7.8