SIGN UP NOW!
It's FREE!

Create a Profile and Start Networking with HR Professionals
Register Now - It's Free Registration info
 
Member Content
Blogs | Questions | Files | Events | HR Groups | Members


  • Upcoming Events
  • Past Events
  • Public Events

More Virtual Conferences

Upcoming Conference
24 April - 25 April 2014

Rewards and Recognition

Upcoming Conference
29 April - 30 April 2014

Quality of Hire

Upcoming Conference
5 May - 6 May 2014

Performance Management

My Events
View and edit your current events.
Add Event

Click the "add event" button to create a listing for your event

Advertise Here
Event Calendar / The 2012 Cost-Per-Hire Standard
Details & Time Frame
The 2012 Cost-Per-Hire Standard
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

04/17/2012 1:30 pm o'clock
04/17/2012 2:30 pm o'clock
Andrew Gadomski
City
-
-
-

Webcast information

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
View full details
Sponsors
Speakers You must be logged in to view speakers
Approved by HR.com This event has been approved by HR.com.
Attachments

Actions
Invitations

Type last name, first name or company.


Type last name, first name, company or email address

Enter a personal message that will be sent to the recipients above


Link Use the following code to link to this event in your emails or website:
Sitemap   |   Advertise With Us