Posts Tagged ‘improve hiring’

Is Your Company’s Time to Hire Too Long?

September 5th, 2014

clockHow long has it been taking you to bring in new recruits these days? If you’ve been frustrated with the amount of time it’s been taking your company to bring in new hires, you’re not alone. Employers in the United States are taking an average of 25 days to fill jobs, the longest time frame in 13 years, noted a recent report at the Wall Street Journal. In fact, companies with more than 5,000 employees are taking even longer, or about 58 days to make a decision on new hires.

A number of factors seem to be affecting the nationwide slowdown in hiring. For example, companies that are already feeling skittish about the economy may have adopted higher standards than usual, such as requiring applicants to have advanced degrees or much more experience in their field before being considered for an interview.

Economic downturns may have also thinned out the recruiting staff. With fewer personnel in the HR department, it will necessarily take longer to recruit and vet candidates.

Companies seeking top-notch candidates will conduct more background checks as well as require physicals and drug tests to screen applicants. In the meantime, if potential recruits grow weary of waiting for the results, they may move on to another opportunity.

There are a number of steps you can take to speed things up. For example, you can begin by adjusting the job end dates in your future employment notices. A recent post at the ERE website suggests that HR staffers should try cutting their posting times by 20 percent and then see how it affects the hiring process. It’s also a good idea to get your team to start sorting and qualifying resumes sooner, such as well before the job ad deadline.

Another tip: train for expedited hiring, at least for your highest priority job listings. This means focusing on the most promising applicants first, while simultaneously instructing your team about the dangers of dragging their feet. In fact, you should consider taking resumes away from your slowest hiring managers. Once you set up benchmarks for how many days they have to read applications, send the unread resumes to other, faster managers.

It’s also a good idea to pre-qualify recruits by turning to your employees to make referrals. Posting job announcements in prominent locations (the lobby, for example, instead of just a bulletin board in the break room) can make a big difference in how quickly your team can make recommendations of suitable friends and colleagues for your open positions.

Speeding up the hiring process at your company may require efforts on a number of fronts. From boosting the amount of staffers in HR to finding a better third party to conduct background checks or posting jobs with tighter application deadlines, you stand a better chance of recruiting and hiring people at an accelerated pace.