Click the "add event" button to create a listing for your event
|
Topic:
The 2012 Cost-Per-Hire Standard
Date:
April 17, 2012 at 1:30 - 2:30 PM ETPresenters:
Andrew Gadomski, CEO & Founder(Aspen Advisors)
Register for the Virtual Conference to obtain webcast schedule and registration access by clicking on the 'view event' button below.
|
![]() ![]() |
|
Description
The use of metrics, analysis and business intelligence has been on the rise in the human resources and talent acquisition spaces for some time. However, the ability to standardize within the human resource function has been limited. Recently, the Society of Human Resource Management (SHRM) has set forth an initiative to standardize any number of measures and metrics across the human resource spectrum.
The first standard that has been accepted by the American National Standard Institute is specific to talent acquisition, and is a standard regarding Cost-Per-Hire. The use of metrics, analysis and business intelligence has been on the rise in the human resources and talent acquisition spaces for some time. However, the ability to standardize within the human resource function has been limited. Recently, the Society of Human Resource Management (SHRM) has set forth an initiative to standardize any number of measures and metrics across the human resource spectrum. The first standard that has been accepted by the American National Standard Institute is specific to talent acquisition, and is a standard regarding Cost-Per-Hire. During the session, the associate project manager for the Cost-Per-Hire initiative, Andrew Gadomski, will be reviewing the different formulas that you can use to measure yourself internally and also measure your organization and its CPH versus other organizations. The standard is more than simply one formula: it is actually a methodology. Andrew will review the Cost-Per-Hire comparable formula, the Cost-Per-Hire internal formula, and the recruiting cost ratio. The Cost-Per-Hire comparable presents a standard numerator and denominator that all organizations can use so they can compare apples to apples. The CPH internal allows organizations to add or subtract variables in the formula so it can measure Cost-Per-Hire with a unique value proposition for its business. The recruiting cost ratio makes a comparison of the cost of the employee versus the recruiting costs associated with that employee. When all three formulas are brought to bear, they not only standardize communication and measurement within Cost-Per-Hire, but enable a practical discussion about resources to acquire talent as part of a competitive strategy. Worksheet Cost Per Hire |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Who Should Participate
Human Resource Professionals, Recruiting and Hiring Managers
What You Will Learn
An overview of the new CPH standard accepted by the American National Standard Institute, how to effectively use the standard within your business, and understand how other firms utilize the standards.
Recommended Resources
http://www.shrm.org/about/news/Pages/CostPerHire.aspx Communities
|
Presented by
Event Sponsors
Aspen Advisors
Aspen provides talent strategies for a myriad of small and medium sized business, and select large companies. As Advisors, we custom design a portfolio that works for that particular business.
We are dedicated to working with socially and globally conscious companies, and helping companies that do great things find and retain great talent.
Specialties
Strategic Talent Management, Acquisition and Workforce Planning
File List
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Feedback
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Are you becoming an industry expert? Each One Hour Webcast on HR.com is reviewed and can qualify for an Institute for Human Resources credit. The Institute for Human Resources Certification Program provides HR Professionals with an opportunity to specialize in one vertical or domain, making them an Industry Expert. Each of HR.com’s webcasts are reviewed and evaluated against the verticals/domains criteria, and one credit hour can be applied to the appropriate vertical or domain.
Did you know that each one-hour webcast is submitted to qualify for HR Certification Institute recertification credits? The archive of the webcast also qualifies recertification credits, for one (in some cases two) year(s) after the original broadcast. You can get your PHR, SPHR, GPHR and credits all without ever leaving your desk. We know how busy today's successful HR professionals are, which is why we're committed to delivering the best education to you in an easy and entertaining format. For more information about certification or recertification, please visit the HR Certification Institute homepage at www.hrci.org