jobslog.com
April 25, 2022 Category: Human Resources (5 minutes read)

3 Ways to Speed Up Your Hiring Process Today

3 Ways to Speed Up Your Hiring Process Today

As organizations seek growth opportunities and the job market heats up, the demand for and competition for qualified talent is high. The war for talent is accurate, and hiring professionals are being challenged to improve candidate screening and improve recruitment efficiency. Companies must accelerate their hiring processes.

The most essential method to gauge success in recruitment is the time to hire. Ironically, the hiring process is getting longer. Glassdoor research shows that interview times have increased in length over the last few years. The average American process takes 23.8 days. Five years ago, it took only 13 days. The average European hiring process is even longer. French job applicants report the longest wait time at 38.9 days. Switzerland is next at 37.6 days. Italy and Belgium are third at 36 days.

 

Fast track recruitment

Today's top talent moves quickly, and these lengthy processes prevent companies from filling the necessary roles. This results in increased cost, lower productivity, and frustrated hiring teams. This is why it is imperative to reverse this trend. These are three tips to improve your recruitment efficiency and speed up the hiring process.


 #1 - Communicate a clear, authentic candidate profile

From the beginning, ensure that your job description is clear. The foundation for each step in the recruitment process is a clear job description. You should work with the hiring manager to create the candidate profile. Don't limit yourself to the required skills and competencies. Other important aspects such as personality traits and cultural fit, should be given more attention. Effective hiring begins with knowing who to hire and clearly communicating that information. To give potential candidates an accurate impression of your company, why not create a video job posting? This will result in better matches and faster hiring.


#2: Utilize your network

You don't have to start over when you already have a referral network you can use. Inform your employees of the job opening. Not only do you give your employees a chance to apply, but you also encourage other colleagues to help you find potential candidates from their professional networks. You can choose to promote the job internally, or to concentrate on building a strong employee referral system. Both will greatly reduce recruitment time. According to an HR technologist, employees who are referred by others tend to be hired 55% quicker than those who are sourced via career sites. To find the best talent faster, invest in building a talent pool and accelerate your hiring process.


#3 - Create a simplified process

To identify bottlenecks in your hiring process, take a hard look at it. What steps are causing delays and what can be done to fix them? The modern technologies provide great opportunities for improving processes and increasing recruitment efficiency. Pre-selection is often the most tedious part of the hiring process. Video recruitment is a proven way to speed up this phase. Video interviews enable recruiters to screen more candidates quickly while still getting a complete picture of the candidate in order to find the best talent. This allows you to put more emphasis on personality and flexibility for both the candidate and the hiring manager. Video interviews can help you increase talent acquisition and make the process more enjoyable for everyone involved.

Speed is key to attracting the best talent to your company. You can capture the best talent by streamlining your process and eliminating inefficiencies. Create a candidate profile that is clear and use your network to find potential hires. Optimize your interview process to make it easier for candidates to contact you. Every day is important in recruitment. .

There is always high competition for qualified candidates. The competition for skilled candidates is fierce. A slow hiring process can cost time and money that could have been better spent elsewhere.

It is well-known that time is critical in the battle for talent. Here are three strategies to speed up your recruitment process so you can get the people you need when you need them


Define a Clear Candidate Profile

A clear candidate profile is the first step for every employer. What is your "perfect match"? The foundation of all the subsequent steps in the hiring process is a well-constructed candidate profile. Make sure your requirements are clear. Include everything you need, from experience and skills to personality traits and work style.

Talking to business leaders could help you build a better picture if the ideal candidate profile is not immediately apparent. Partnering with a specialist recruiter is another option. They can help you to identify the most important qualities and what are 'nice-to-have', and guide you with their industry knowledge.

 

Streamline Your Process

Step two is to take the time to reflect on where your hiring process may be stalling.

Do I have enough time to review the shortlist of candidates?

Can I combine different stages of the interview process?

How can I quickly convince other decision-makers to join my decision after I have interviewed a great candidate?

Interviewing is the most tedious step in the hiring process. Interviewing can lead to delays if you have to do multiple rounds or manage the schedules of several interviewers. This part can be optimized by being flexible about time and location, using phone/video interviews, and conducting panel interviews.

 

 Be decisive

We recommend that you stop interviewing potential hires once you have found the right candidate. It can be tempting to look at all options before you make a decision. However, in today's market the best people still have the opportunity to choose from many opportunities. Delaying could result in losing your first choice and leaving you back where you started.

It is a good idea not to wait to make an offer to the preferred candidate, at least on the same day that you interview them. Keep applicants and your recruitment partner informed about their status. If they feel you are not interested, they may move on to a different employer. It's a win-win situation for everyone.


Sources:

https://www.recruiter.com/recruiting/7-easy-ways-to-speed-up-the-recruitment-process/

https://www.bamboohr.com/blog/speed-up-your-hiring-process/