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Recruitment ROI Explained Plus How To Calculate It (in 2024)

AIHR

Recruitment ROI is an important metric that lets HR professionals calculate if their recruitment process is adding value to an organization — or costing it more money than each new hire is worth. Contents What is ROI in recruitment? Why should HR track recruitment ROI? ROI is about more than how much a hire costs, though.

ROI 59
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Unpacking Camp 15Five: 8 Key Takeaways to Remember

15Five

On August 17th, 2023 HR professionals from various corners of the industry came together for Camp 15Five, a virtual event created to equip HR leaders with the tools and insights they need to drive impact. But if you missed the event, don’t fret! A critical factor in building convincing ROI cases is collecting tangible data.

ROI 52
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How to reinvent your product growth strategy for the tech downturn

Andrew Chen

To provide some benchmarks, my colleagues at a16z, Justin Kahl and David George, recently wrote an article on navigating the downturn where they collected some empirical data: As you can see, the bar for what constitutes a good burn multiple goes up as revenue goes up. Focus on accountable spend, and reduce ones have a long/fluffy payback?

ROI 85
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Learning and Development

AIHR

Training is an instruction event for a specific skill or task that employees need to learn for a work scenario. Some example metrics include, for instance, training ROI , training cost per employee, training experience net promoter score, and assessment scores and pass rates.

ROI 98
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Employee Experience Strategy: Build Yours in 11 Steps

AIHR

Collect employee feedback and external data to benchmark against competitors. This can help secure a higher return on investment (ROI) on your employee experience strategy. Offer training on unconscious bias, celebrate diverse events, and ensure fair opportunities for everyone.

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BetterUp and Workday: Deploy Coaching With Precision and Scale

BetterUp

Whether changing roles, moving to a new city, or experiencing major life events, employees need a new layer of support that isn't predictable or synchronized. Now more than ever, HR teams want to be more data-driven and show the clear ROI of programs. Interventions can often come late or not at all. Timely insights, when you need them.

Scaling 52
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How to Use the 5 Principles of Organizational Design

Walk Me

Being aware of the goal of organizational design will help your organization work toward the ideal outcome in a focused way to avoid waste and hit your ROI. These misaligned incentives or metrics can trigger departmental rivalry, and team-building events alone aren’t enough to reach the cause of the conflict.