tagged in: HR

6 Key Metrics to assess your Recruitment Funnel

Assessing the performance of your recruitment funnel is mandatory to ensure that your hiring process is running efficiently and that your company keeps attracting the best talent. The recruitment funnel encompasses all the stages, active or passive, a potential candidate goes through before getting hired. Just like what happens in sales, your company can also use a funnel to make sure they attract and hire the best talent. If well managed, the recruitment funnel will provide you with a continuous pipeline of applicants and help you find the right candidate to fill each position in your company. Recruitment marketing, which READ MORE

How to calculate and minimise the Cost per Hire

Hiring new employees can require big investment from a company. For that reason, hiring managers have to control and optimise the cost per hire, aside from having to find, recruit and retain the best talent. In fact, it is expected from HR departments to keep the cost per hire as low as possible. But for your team to be totally aligned with your company’s financial strategy and control the hiring costs, it is mandatory to know exactly how much the cost per hire is and how to calculate it. This will also allow you to assess how cost effective READ MORE

5 Ways People Analytics Benefit HR

Companies are increasingly adopting people analytics to - more effectively and more rapidly - identify, recruit, develop and retain the best talent. In the midst of the war on talent, HR departments are powering up and starting to apply statistics and modelling to employee-related data to identify and predict patterns that help to make better decisions and improve business performance. According to a research by Deloitte Consulting LLP’s Bersin, “people analytics, the use of employee data to help optimise business and management decisions, is strongly related to improved talent outcomes and an organisation’s profitability”. The research also states READ MORE

Diversity in the workplace: using AI tools to reduce human bias in hiring

Diversity in the workplace is one of the hot topics in HR trends for 2018. Whether it is gender, age, race or religion, there are many forms of human bias in the hiring process that compromise the transformation efforts companies are slowly beginning to put in place to bring together a diverse workforce. The thing is, diversity in the workplace is not just a matter of corporate social responsibility or legal compliance. It’s also a source of competitive advantage and a key enabler of growth. After all, in a globalised economy seems right to assume that a diverse workforce, READ MORE

Agile: empowering HR teams

Agile teams are now a reality among many companies outside the IT sector and across different departments, and there are pretty good reasons for that to be happening. To begin with, we’re living in an era of digital disruption that is pushing companies to rethink and reinvent their mindset, their management style and their processes. In addition, a different workforce sector is on the rise – the knowledge workers - and companies must adapt to it. The knowledge workers often know more about the work they perform than their superiors and, therefore, they need to be autonomous to explore their READ MORE