Employees are a company’s greatest asset. However, it remains a challenge for some company’s to fill positions with qualified candidates. On average it can take up to 24 days to “on board” a potential employee. And it only takes 1 week for the candidate to lose interest. According to Fortune, 40 percent of companies have unfilled entry-level jobs. And the US retail industry loses more than $9 billion due to voluntary entry-level turnover. Unfilled positions become costly to your company and employees. That is why it is crucial to complete the hiring process in a speedy, efficient manner.
A lengthy hiring process affects your potential candidate and current employees. Top talent goes FAST! That is why it is important to create a sense of urgency and secure your candidate. A long onboarding process affects your current employees as well. As a result, they often “pick up the slack” or overwork. This can cause unecessary stress. But, rest assured, there are ways to speed up the hiring process and snag the perfect employee!
- Utilize applicant tracking systems
- Use SMS messaging to communicate with potential hires
- Digitize paperwork
- Limit number of interviews
- Be very clear with your job descriptions
- Ditch the resumes! Attempt screening skills with testing or blind hiring
- Conduct video interviews
- Know what you are looking for
“Recruitment often becomes an expensive and a lengthy process, but it doesn’t have to be this way.”-Hundred5