Blog

5 Reasons Why You Should Be Hiring Faster

Thoroughly screening candidates may seem like a good hiring rule to follow. But to attract the top talent in the market, you need to be hiring faster.

Common sense dictates that if you’re trying to find the best talent in the market, then your hiring process should be slow and steady. You want to take your time to evaluate the candidate so that you don’t end up with a bad hire. With several rounds of interviews and other screening processes, we think we’re examining our candidates thoroughly and making an intelligent hiring decision by the end of it. But seasoned recruiters will tell you otherwise.

Top talent is always in great demand, and if your hiring process is long and tedious, you’re likely to lose out on these coveted candidates to your competitors. The best candidates are off the market in less than two weeks!

 

Here are 5 compelling reasons why you should be hiring faster:

 

1. You’ll save a lot of money: Several rounds of interviews mean a lot of your time and money is being spent on hiring. By making faster hiring decisions, you’re saving a fair bit.

2. Quality hires: When you speed up your hiring process, you’re opening up the prospect of attracting and hiring the best talent in the market.

 

Related: 9 disruptive ideas to improve quality of hire

 

3. Enhanced candidate experience: You’re significantly improving the candidate experience by not making candidates wait between rounds of interviews and asking them to come back for additional rounds.

4. Better response rates: By hiring faster, you will also see that candidates respond to your job ads and interview calls faster. This is especially useful when reaching out to passive candidates through employee referrals.

 

Related: The 5 recruitment mistakes you’re probably making

 

5. Higher acceptance rates: When you’re quick to make an offer, you will also find that candidates accept job offers faster and more easily. The idea is to get ahead of the competition when making an offer.

 

Related: Hiring lessons from the who’s who of business

 

An efficient pre-screening solution is essential to streamlining your hiring process and to make sure that it is fast enough to attract and retain the top talent.

Making your hiring process faster and more efficient will help you save time, money and other resources. It also helps build your employer brand. The idea is to strike a balance between hiring fast and hiring smart.

 

To hire pre-screened candidates at ½ the cost and in ½ the time, register with MeraJob.in.

You may like to read this

  • Why You Should Hire a Multigenerational Workforce

    Many employers today focus their energies on attracting and retaining the best talent in the market. When devising recruitment strategies, employers often tend to focus exclusively on the needs of millennials and on the incentives that will work for them. While the future of work is largely being sh...

  • Rs. 1,500-crore PMKVY for Skill Development

    More than 24 lakh people to be covered for skilling by NSDC as part of PMKVY with a budget of Rs 1,500 crores. National Skill Development Corporation (NSDC) Managing Director and CEO, Dilip Chenoy, told PTI that they have begun implementing Pradhan Mantri Kaushal Vikas Yojna (PMKVY) to provide sk...

x