Three ways to reduce your time to hire
Cut your recruitment cycle to fill open positions
Hiring managers and HR pros are struggling to find and keep quality talent, but most aren’t prioritizing a swift recruitment process. That’s despite the fact that top candidates are off the market within 10 days – meaning slower-moving businesses are missing out.
According to BerniePortal’s 2019 Recruitment Report, nearly half of employers surveyed had an average recruitment cycle extending beyond two weeks and up to a month, and 33 percent took over a month to fill open positions.
These timelines just don’t match up – quality applicants just aren’t on the market that long. As a result, reducing your time to hire is one of the major opportunities employers have to improve their hiring rates.
Here are three tips for reducing your time to hire.
(More: Hiring Checklist)
Get more applicants
Is your application process too arduous? If you’re asking applicants to fill out a ton of information for your initial screening, they’re passing your listings up for other open positions. Don’t make the mistake of thinking that you’re screening out less-than-capable workers – it’s simply that applicants have far more leverage in the process than they used to. Many of them are applying for multiple jobs at once from their smartphones, and a simpler process will benefit your organization.
Bring the recruitment process online
Using an online applicant tracking system will optimize communication between decision-makers as well as providing a tracking solution for to determine where candidates are in the hiring stage. In many organizations, there are a lot of bottlenecks that occur throughout this process, and using an online HR solution with an applicant tracking function will streamline these challenges.
It sounds simple - but one of the best things you can do to reduce your time to hire is to just respond more quickly to applicants. It can be easy to let resumes linger in your inbox for a day or two - or even a week or more! But this is exactly what you want to avoid if you’re trying to reduce your time to hire. Set a goal of responding within 24 hours, and watch the number of candidates you’re able to bring in for an interview rise.
(More: Interview Roadmap)