Your Step-by Step-Guide for Making the Right Hire
Your position description is ready. You’ve posted it far and wide, and within just a few days, you have hundreds of applications that have passed through your applicant tracking system and a mound of resumes from which to begin your filtering. You begin to worry that by the time you discover the best, most qualified fit, your job seeker may have already moved on. You know as well as anyone, making the right hire is challenging.
And if this scenario sounds familiar, you’re not alone! Research from Glassdoor shows that on average, each corporate job posting now attracts more than 250 resumes – and in a quick perusal of LinkedIn, you can see upwards of 500 to 900 applications per posting! Of those candidates, 4 to 6 will get called for an interview. In Yello’s nationwide survey of recruiting and talent acquisition professionals, respondents said their average time-to-hire across all industries was at minimum 4 weeks — with ⅔ of their overall hiring time spent on the interview process. Further, 60 percent indicated they regularly lose their top tier candidates. Add the $4,129 it costs per new hire (SHRM), and making the wrong hire could become an expensive mistake.
So whether you are just starting out, a small business, or a well-established enterprise, adding skilled and qualified candidates to your organization shouldn’t have to be a number’s game. When you have just a small window of time to find the best fit for your role, there are a few steps to consider that will streamline your recruiting and hiring processes so you can be confident in your selection. And when you leverage technology that uses psychometric data, the process of identifying those candidates who will work best with your current team becomes quicker than ever. In fact, making the right hire was never as easy as now.
This guide is for talent acquisition, recruitment specialists, HR leaders, as well as hiring managers who are responsible for candidate sourcing, selection, hiring, and onboarding. This guide offers insight into the 5 must-take steps to ensure you can go-to-offer faster, select the best candidates for your role and team, and make your new hires last.