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See your advertisement here

Metrics for Recruiting Superior Talent

by PR Newswire - Jun 07,2006

CHAPEL HILL, N.C., June 7 /PRNewswire/ -- Knowing that star employees
are the most valuable corporate assets, companies are scrambling to meet
their talent needs as the pool of best-qualified candidates increasingly
tightens. Faced with this critical reality, staffing executives at
best-in-class organizations know that maintaining a competitive hiring edge
requires well defined and deftly executed hiring processes and practices.

Indeed, according to Achieving Superior Staffing Performance (available
online at: http://www3.best-in-class.com/rr699.htm), a benchmarking study
conducted by leading research and consulting firm Best Practices, LLC, top
companies employ and manage exacting performance metrics to meet
time-to-fill and cost-to-fill target measures, while sustaining high offer
acceptance rates. In addition, when it comes to university recruiting,
best-in-class companies reveal that fostering professor relationships by
investing in campus research efforts along with corporate name presence on
campus provide the greatest ROI.

Surveyed companies, including Allstate Insurance, Bank of America,
Cisco, Honeywell, Lockheed Martin, Novartis, Verizon and Pfizer, produced
over 180 compelling metrics for this extensive, comprehensive study. In
addition, over 100 key staffing executives from high-performing companies
were interviewed and shared best practices related to topical areas
including:

     - Recruiting & Requisition Management
     - University Relations
     - Accounting for Staffing Costs

HR directors and hiring managers will find this report invaluable for
determining how they stack up to the competition. Moreover, they can learn
tips such as how simple alignment with benchmark class averages in such
areas as "offer decision period" can enhance the attainment of time-to-fill
and time-to-start goals. These insights will inform all HR leaders how to
target areas for performance improvement to ensure their company's access
to tomorrow's budding leaders.

Download a free excerpt of "Achieving Superior Staffing Performance" at
http://www3.best-in-class.com/rr699.htm or for more information, contact
James Toomer at (919) 767-9178 or jtoomer@best-in-class.com.
   
ABOUT BEST PRACTICES, LLC

Best Practices, LLC, is a benchmarking research firm that conducts work
based on the simple yet profound principle that organizations can chart a
course to superior economic performance by studying the best business
practices, operating tactics and winning strategies of world-class
companies. For over 12 years, our highly credentialed research staff has
conducted primary research across every functional corporate area on every
business challenge imaginable. To find the information that has eluded you
to date, visit our website at http://www3.best-in-class.com.


SOURCE Best Practices, LLC

____________________________________________

Related links:

http://www3.best-in-class.com/rr699.htm

http://www3.best-in-class.com

______________________________________________________________

Copyright © 1996-2006 PR Newswire Association LLC. All Rights Reserved.

 

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