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Efficiency in Organization and Talent Investments
Acquiring and Deploying Resources to Optimize the Talent Portfolio
Efficiency describes the relationship between the portfolio of policies and practices and the level of investments used to produce them. Efficiency is a familiar perspective on talent and organization activities. In fact, efficiency is often the predominant decision framework for talent and organization investment decisions. HR data and benchmarking systems are dominated by efficiency measures, such as cost per hire, time to fill vacancies, the ratio of headcount in the HR function to the organization overall, and the ratio of HR functional costs to total costs.
Pivot-points in efficiency are where specific improvements ...
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