It is not uncommon for companies to have lower-ranking staff recruit and onboard their own supervisors. This practice may seem logical and efficient, but it raises questions about ethics and best practices in management and human resources. In this article,…
PEST, i.e., political, economic, social, and technological factors, must be considered when conducting an environmental scan, strategic planning, or being engaged in other forecasting efforts in talent acquisition. World events often drive, or at least influence, environmental scans conducted by…
Cost of Hire This measurement uses external costs and internal costs to determine the overall cost per person hired during any given time period. This formula looks at the number of hires and the costs to obtain them. It enables…
Measurers of Recruitment Effectiveness There are two general areas of interest when measuring recruiting efforts. • Speed and efficiency • Time between opening the requisition and presenting a qualified candidate slate • Time for feedback from the hiring manager to…
We all have heard “Job Description,” but what is it? Job descriptions follow a general template for content. The same template can be used in constructing a CEO’s job description as for an airline pilot. It is the content that…
Recruitment Cost and Yield Ratios Ratios are the numerical representation of comparisons. They are normally stated as a percentage. The Recruiting Cost Ratio (RCR) is one of those measurements. It looks at the cost per hire based on compensation rather…
Attrition happens when employees retire, resign, or simply aren’t replaced. There are several analyses that could prove helpful when looking at attrition. Consider these: • Number of employees leaving before the first service anniversary • Number of employees leaving before the…
An employee value proposition (EVP) is the unique set of benefits that an employee receives in return for the skills, capabilities, and experience they bring to a company.
According to Chris Mossevelde, “Employer branding is the process of promoting a company, or an organization, as the employer of choice to a desired target group, one which a company needs and wants to recruit and retain.” Building a…
Orientation and onboarding are two activities that will set the tone for the balance of an employee’s line on the job with this employer. It is a common belief that the first 90 days of a worker’s experience on a…