Boosting Human Resources Efficiency: Proven Tactics Slash Hiring and Staffing Cycles.Business Editors CHAPEL HILL, N.C.--(BUSINESS WIRE)--May 20, 2004 Top staffing organizations report a time-to-start performance of 65 days or less, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a new benchmark study by Best Practices, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Profiled in a free summary online at http://www3.best-in-class.com/rr389.htm, the study found that time-to-start positions are measures best improved through advanced forecasting, internal client management tools, and process automation and outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. . This break-through study, Achieving Superior Staffing Performance, is based on primary research of more than 106 companies across a variety of industries. Research reveals that best-in-class companies with more than 1,000 open requisitions consistently achieve the following performance and staffing rates: -- 36% achieve a time-to-start rate of 65 days -- 24% achieve a time-to-fill rate of 30 days -- Benchmarked companies average 61 FTEs per 1000 open requisitions The study also found that staffing organizations that have the lowest time-to-start rates employ the following tactics: -- Create a consistent forecasting process to assess staffing needs accurately. -- Ensure flexibility in the staffing structure that allows tasks to be completed virtually and accommodate local or business unit needs. -- Use external and internal data to develop an accurate forecasting model. -- Develop service level agreement (SLA (1) (StereoLithography Apparatus) See 3D printing. (2) (Service Level Agreement) A contract between the provider and the user that specifies the level of service expected during its term. ) templates to define expectations, responsibilities and timetables. -- Employ automated systems and outsourcing to reduce time to fill open positions. -- Establish requisition A written demand; a formal request or requirement. The formal demand by one government upon another, or by the governor of one state upon the governor of another state, of the surrender of a fugitive from justice. The taking or seizure of property by government. review schedules to assess activity levels and determine whether to close requisitions. Additionally, Achieving Superior Staffing Performance details the following benchmark metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. : -- Staffing levels -- Number of open requisitions handled in a year -- Average time required to fill an open position -- Average offer acceptance rate -- Average number of requisitions handled by each recruiter -- Percentage of positions filled by the date needed -- Average cost to fill a position -- And dozens more key measures Download an excerpt ex·cerpt n. A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film. tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts 1. of Achieving Superior Staffing Performance online at http://www3.best-in-class.com/rr389.htm . For more information about this report or other benchmarking reports, contact Susan Silverstein at (919) 767-9251 or at ssilverstein@best-in-class.com. "Staffing organizations at technology-oriented companies face the daunting daunt tr.v. daunt·ed, daunt·ing, daunts To abate the courage of; discourage. See Synonyms at dismay. [Middle English daunten, from Old French danter, from Latin mission to efficiently hire large numbers of people with rare or sought-after skills -- and frequently to do so with limited or diminishing resources," said Dan Egbert, the study leader. "This study examines how leading staffing executives develop organizations that consistently accomplish this task." ABOUT BEST PRACTICES, LLC Best Practices, LLC is a research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a that conducts work based on the 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 more information, call (919) 403-0251 or visit www.best-in-class.com/ |
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