Do you think your hiring process is too convoluted or that your company takes too long to hire people? You’re not the only one because only 30% of companies can hire within 30 days for a particular position.
There are many benefits of a faster hiring process. The first is that you get to hire the top talent and can have a better offer acceptance rate. Also, it definitely helps you save money and resources.
Let’s discuss a few strategies which can considerably cut down your hiring time.
Explore Social Media
Let’s admit it, LinkedIn cuts down on the time to collect resumes from candidates. You get to see their whole profile on LinkedIn including educational qualifications, work history, skill sets, etc. It also saves you from paying expensive advertising costs. On LinkedIn, you can get an idea of the attitude of a candidate by their profile and posts.
That’s probably why 92% of recruiters use social media to get top talent. You too should start using it.
Artificial Intelligence for Quick Hiring
Do you find the idea of using AI in recruitment too far-fetched? Well, 61% of businesses have already used it in their hiring processes.
Here are some of the ways it can benefit you:
- It visibly cuts down on your screening and assessment time.
- It reduces human bias while processing resumes.
- It also cuts down on your sourcing time.
- It helps you engage with your candidates using chatbots.
- It can schedule interviews for you
Employee Referral System
You may be surprised to learn that an employee referral system is the primary way candidates can learn about a job. This system, in fact, can help expand your talent pool 10x.
Save Time and Improve Overall Candidate Experience
By reducing your hiring time, you can actually improve your candidates’ overall experiences. This will, in return, increase the offer acceptance rate and you will be able to close more candidates. Platforms like Candidate Rewards can help you enhance your candidates’ experiences.
Hire smart and hire quickly with the support of Candidate Rewards.
Need a recap or want to learn more? Check out the infographic below and share it with your HR department and hiring managers.
Ray O’Donnell is the Founder and CEO of Total Rewards Software, Inc. and Candidate Rewards. He has been helping companies to find, retain, and engage top talent by bridging the gap between the two.