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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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Sumser: Here’s how to get a true sense of quality of hire

HRExecutive

I recently scanned a conversation on Linkedin about measuring quality of hire. I am intrigued and appalled by what seems to be our desire to measure the quality of people. The underlying question is part of an eternal squabble between recruiters and hiring managers: Whose fault is it when a candidate doesn’t work out?

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5 Ways a Staffing Agency Can Transform Your Hiring Process

Hppy

In today’s competitive business landscape, the hiring process can be a time-consuming and challenging endeavor. With employee expectations and the job market constantly evolving, hiring managers and HR departments often find it difficult to keep up. Time and Cost Savings Hiring is both time- and resource-intensive.

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Sourcing vs. Recruiting: The Key Differences and Processes Explained

Analytics in HR

According to research from LinkedIn’s Future of Recruiting , 87% of talent acquisition (TA) professionals indicate that recruiting is becoming more strategic. This indicates a shift in the role of recruiting leaders towards a focus on driving business change. What is recruiting? Contents What is sourcing?

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The Road Map to Improving the "Quality of Hire" in Your Organization

Speaker: Matt Craven, Talent Acquisition Project Manager, Schneider Electric

Hiring the right people and creating a strong and productive workforce is critical to the success of any organization. Likewise, bad hiring decisions will stifle an organization’s ability to expand and impact their bottom line financially. times that employee’s salary in order to replace the “bad hire”. Is interviewing enough?

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How To Craft a Strategic Hiring Plan in 2025

Analytics in HR

A well-executed hiring plan can be the difference between a company that reaches its strategic business goals and one that is outperformed by its rivals. Hiring was – and still is – the most important thing we do.” Contents What is a hiring plan? Just ask Marc Benioff , co-founder and CEO of tech giant Salesforce.

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How To Set Your Recruitment Goals In 2024

Analytics in HR

If you’re wondering why recruitment goals are important, consider this: With unemployment at its lowest level in over 50 years , organizations are fiercely competing to land the best candidates to fill their vacancies. Today’s hiring teams are under intense pressure to raise the bar. Contents What are recruitment goals?

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The High Tech, High Touch Future of Recruiting

Speaker: Lou Adler, Founder, Performance-Based Hiring

Lou Adler has seen it all - from the birth of job boards and the Internet, to using AI to source, select, and hire candidates. Hiring great people starts with a meaningful job and a “high touch” hiring process designed to meet the personal needs of exceptional talent. Lou argues this will never be enough.

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Beyond the Buzzwords: Using Artificial Intelligence + Machine Learning to Inspire Authentic Human Conversation (and Power Higher Response Rates)

Speaker: Susanna Frazier, Innovative Talent Acquisition and Management Leader

AI has begun revolutionizing talent acquisition/management, so more time can be focused on recruiting strategy and candidate relationships. These influential strategies will help improve your hiring process, create a better candidate experience, increase your quality of hire, and reduce your time to hire.