Companies Are Taking Too Long to Hire

Companies that take too long to hire are letting some of their best potential employees slip away, a new study from staffing firm Robert Half has found.

Robert Half polled U.S. workers on their view of the hiring process. Nearly six in ten workers (57 percent) interviewed said that the long wait following an interview was the most frustrating part of the job search process.

In fact, nearly a quarter of workers said they lose interest in a company if they don’t hear back within one week after the initial interview.

Robert Half followed its “Time to Hire” survey results with some advice for employers:

  1. Determine the need– Is it full-time or project/temporary? Is anything preventing you from hiring the right candidate now?
  2. Gather the stakeholders– Set the timeline for the hiring process and get everyone’s commitment that hiring is the number one priority. Block calendars for interviews. Review the job description and salary range, noting where you can flex for the right candidate. Create a contingency plan to address any scheduling snafus and determine who has the final sign off.
  3. Interview candidates– Conduct the screening interview via Skype or FaceTime. Consolidate on-site, in-person interviews to one day if possible. Get feedback immediately from the candidate and hiring managers to determine interest levels.
  4. Keep communication lines open– Inform candidates when you expect to make a final decision. If there is a delay, call them to give them an updated timeline. Silence can indicate a lack of interest and encourage people to pursue other roles.
  5. Make the offer– Make a verbal offer contingent on satisfactory reference and background checks. Be prepared to negotiate salary and perks, and set the start date.

Companies would do well to heed this advice. Labor markets are tightening, and competition for the best employees is hotter than at any time since the financial crash.

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