Remove Human Resource Information Systems (HRIS) Remove Recruitment Remove ROI
article thumbnail

The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

HR term example: “There are different types of HR Chatbots, including recruitment chatbots, onboarding chatbots, HR analytics chatbots, and (many) more.” HR term example: “Common software categories of an HR tech stack include core HR solutions, recruiting technology, and software related to employee experience.”

article thumbnail

Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

They can also recruit to make up for an expected shortfall in staff. Metrics also help quantify such efforts' return on investment (ROI). However, if the software improves retention, it will lead to trackable cost savings in recruitment. This can potentially lead to increased recruitment costs. Did you know?

Metrics 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

10 HR Best Practices For Business Success in 2025

AIHR

This minimizes recruitment, training, and turnover costs to boost the bottom line. By minimizing turnover, they reduce the costs associated with recruiting, onboarding, and training, creating both a financial and cultural benefit that keeps them competitive in the long run.

article thumbnail

Human Capital Management (HCM) Software For Enterprises In 2022 & Beyond

Walk Me

This is where human capital management (HCM) comes in. HCM is a holistic approach to managing people, encompassing everything from recruiting and onboarding to performance management, learning, and development. What Is Human Capital Management Software? Efficient recruitment and low turnover. Talent acquisition.

article thumbnail

Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

A handy resource to jump back to next time you encounter a cryptic acronym. ACR: Application Completion Rate The Application Completion Rate (ACR) is a recruiting metric that measures how many candidates who started a job application successfully completed it. Jump to: A B C D E F G H K L O P R S T V A 1.

ROI 64