5 Golden Rules To Reduce Time To Hire
Time and money are very precious things. The key to a company’s success is “Never wasting time”. According to research, 90% of the companies are unable to fill their vacancies. Vacant positions lead to loss of money and revenues, thus decreasing the company’s position in the market. According to various surveys, the present top multi-national companies have minimal or zero vacancy rate, thus contributing to their increased revenues. It is essential for companies to reduce time to hire efficient employees.
So we bring you 5 rules that will help you reduce time to hire capable employees:
- Importance of the first impression
It is very essential for the candidates who apply for a job, to have a good impression about the company. The application process plays a pivotal role in building the opinion of a candidate. A detailed and positive application will make the candidates have an affirmative stance about the company.
The design of your job ad and career pages should reflect a clear and distinct image of your employer’s brand. Focus on giving the candidates an extensive insight into your company’s corporate culture, responsibility connected with the position and complete explanation about the benefits that the employees will get from the company.
- Importance of proper communication and value of candidates
Quick response is the key to reduce time to hire a candidate. Candidates after submitting an application expect personal correspondence and quick response from the company. Companies can use Applicant Tracking Software (ATS) which is a Right Software Developer tool, which enables the companies to send emblematized replies, directly from their company’s system. This will not only save time but also makes the candidates feel, that the employer respects and values them.
- Talent Pool method
Many candidates apply for the vacant positions, from time to time. Just think, wouldn’t it be easier to select a suitable candidate for your vacant position, from the list of candidates who have applied in the past?
The best way to implement this is to use the Talent Pool method. Candidates can register in your ‘Talent Pool’, after which they can get regular information about the various vacancies of your company. This not only widens the job prospects for the candidates but also makes your employer brand strong. Treat your applicants as well as you treat your customers, as you never know, that applicant could be the best person for your next opening.
- Focus on inter-departmental agreement
When it comes to hiring the perfect candidate for a vacancy, always make sure to include the decisions or opinions of your HR department, managers, and superiors. This will lead to a quicker and appropriate decision. Use the Right Software Developer tool, that is ATS to communicate with your colleagues while taking a decision.
- Analyse the flow of internal work
The best way to saving time is knowing, how much time the recruitment time will take to fill a vacant spot? Or how much time the suitable department will take to approve the application? Which one is more time to consume, telephone interview or face-to-face interview? By analyzing these questions, you can come up with suitable ways that will help improve the hiring process.
As the old saying goes: “Time is money.” So companies should focus on hiring good employees to fill the vacant spots, in a quick yet productive manner. Hope this blog will help you in hiring productive employees at a fast pace and also in strengthening your brand name.
Author: Sanjana Murali
I write about Customer Success, Videos in Education, Optimization & Marketing. When the ‘creative’ muse turns down on me, you can find me with a book.