The Cost of Turnover may be higher than you think Performance Turnover Try using “Performance Turnover”, a measure I developed in our retention work, in lieu of the traditional turnover calculation. We have used it in a variety of configurations but it works something like this. Start with the assumption …
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Talent Management Road Kill (Part 1 & Part 2)
article by Dr. John Sullivan & Master Burnett As seen on ERE.net Part 1 and Part 2 Some things take time to figure out, while others are blindingly apparent at first sight. For the best and brightest in the HR world, the fact that senior leaders were demanding that talent management …
Read More »Cost of Vacancy Formulas for Recruiting and Retention Managers
Calculating the cost of a vacancy (COV) is a critical activity, one that’s necessary to determine the actual business impact of talent shortages that result from a gap between the time talent is needed and the time required by the recruiting function to supply such talent. As a metric, it …
Read More »ERE Expo Spring 2010
Join us in sunny San Diego for ERE Expo! ERE Expo Spring 2010 is just around the corner. To view the agenda and register to attend, click here.
Read More »Preparing for the Upcoming Hiring Boom: A Checklist for Leaders in Recruiting
You might disagree with me about exactly when the next hiring boom is coming ó but there can be no doubt about the fact that it is most certainly coming. At some point soon, the economy will turn around and large scale hiring will begin again. The real question to …
Read More »Improving Sourcing: Techniques for Identifying Which Sources Work and Which Don’t
Recruiting is a relatively simple four-step process, the first two steps of which are called “sourcing”: First you make potential candidates aware of your firm and its job opportunities. Second, you convince candidates to actually apply for the job. Third, you assess them. And last, you try to “sell” the …
Read More »The Worldwide War for Talent II Is Coming: Are You Prepared?
Do you remember the war for talent in the late 1990s? Well get ready, because it’s about to return with a vengeance. If you read my articles and books, you are aware that I do a good deal of forecasting. In the past, I’ve forecasted the beginning and the end …
Read More »The Future Of Recruiting, Part 6: Recruiters Will Change
This is the final installment in a six-part series on the future of recruiting. In the first five parts of this series, I looked at how the recruiting department, the Internet, corporate websites and recruiting metrics all will change in the future. In this last part, I will explore how …
Read More »The Future of Recruiting, Part 5: Metrics Dominate Decision Making in Recruiting
Most recruiting departments currently get by with a minimal use of metrics ó and the metrics that they do utilize are insignificant from the strategic standpoint. But as time passes, most VPs of HR will no longer tolerate such silly metrics as cost per hire, interviews per offer, and the …
Read More »The Future Of Recruiting, Part 4: Websites Shift to the CRM Model
In last week’s article, Part 3 of this series on the future of recruiting, I examined the strategies that firms will use in Internet recruiting in the future. Here in Part 4, I will focus more specifically on corporate and other websites and the new features that they will offer. It’s …
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