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Direct Sourcing Saves You the Cost of Bad Hires  It’s expensive for employers to have a job open for too long. CareerBuilder estimates that employers lose more than $14,000 on average for every job that stays vacant for three months or longer, and this cost can be upwards of $25,000 for more advanced positions. This can often lead to a sense of impatience as a human-powered hiring processdrags on, leading to snap decisions fueled by human bias.  Hiring the wrong person for the role is even more expensive, however.... more
HRTech Cube
What is HR analytics?HR analytics, also referred to as people analytics, workforce analytics, or talent analytics, involves gathering together, analyzing, and reporting HR data. It enables your organization to measure the impact of a range of HR metrics on overall business performance and make decisions based on data. In other words, HR analytics is a data-driven approach toward Human Resources Management.By using people analytics you don’t have to rely on gut feeling anymore. Analytics enables HR professionals to make data-driven de... more
HRTech Cube Nov 1 '22 · Tags: hr, hr analytics, hrtech