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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? Do you know what your cost per hire (CPH) is?

ROI 59
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Compensation Package: A Guide For HR (+ Free Template)

AIHR

Here’s how providing an attractive package supports your organization: Attracting top talent: A strong compensation package makes open roles attractive for top candidates, allowing your company to competitively recruit skilled employees that suit your needs. What determines a compensation package?

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Conduct Your Office DEI Audit in 7 Easy Steps

Vantage Circle

It involves analyzing a piece of content in areas like recruitment, retention, employee engagement, and leadership representation to identify strengths and areas needing improvement. Recruitment and Hiring: Have you observed any instances where recruitment or hiring decisions may have favored certain groups over others?

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Succession Management: 9 Steps For Future Success

AIHR

A great benchmark is to get clear on the top 5 to 10 critical positions. Today, most HR systems will enable you to manage various tasks, including recruiting, onboarding, training and development, and performance management. Make succession management a part of your recruitment planning.

Manager 52
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Chick-fil-A’s Dan Cathy On Exceeding Customer Expectations

Chief Executive

One thing that stands out in reading about your father’s approach to running the business is that you don’t benchmark against another chicken sandwich joint. When you say you’re benchmarking against the best, you’re looking at Ritz-Carlton. It helps in recruiting people, and talent, to want to be a part of a growing organization.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Pros Competitively-priced plans Robust HR features include recruiting, onboarding, time and scheduling, and more. It is the all-in-one solution for lifestyle benefits, employee well-being, rewards and recognition, peer-to-peer giving, employee donations, and recruiting incentives.

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What to look for when you’re hiring a Head of Growth

Andrew Chen

I often use benchmarks like D30 >20% or projecting out M12 to be >30% to try to assess this. Being able to successfully guess a startup’s most probably growth channels allows you to then recruit for a “Head of Growth” who can supercharge the strategy. But more importantly, it should be qualitative.

Scaling 82