The Challenge In Recruiting
Time is money, and your unfilled positions are no exception to the rule. An increased time to hire has far-reaching effects throughout your organization. While positions remain vacant, work piles up, revenue is lost, and other employees become overworked and more likely to leave your company, which only compounds the problem.
A prolonged hiring process also provides a very negative candidate experience. As you pipeline more candidates, the process becomes dragged out, and you tend to lose the interest of the quality candidates. Top candidates don’t stay on the market long, and the last thing you want is your ideal candidate being snapped up by your competitors.
Clearly time to hire is important. Many TA leaders may even have compensation and bonuses tied to that metric. So how can you speed up your time to hire without sacrificing on quality?