The candidate selection process is a keystone for recruiting top talent from the market. However, if you don’t have a structured hiring process, the journey becomes time-taking, challenging, and costly.
Besides the high cost, the time-consuming hiring processes also frustrate the HR, management, and potential candidates.
You will be surprised by knowing that 70% of organizations take 1 to 4 months to complete their selection process.
To make the candidate hiring curve short, predictable, and cost-effective—which is very important—every business needs to follow an efficient recruitment process. Do you know how you can streamline and speed up the recruitment process?
This article will discuss the most valuable factors and actionable tips to reduce the recruitment time.
Let’s get into them!
1. Create more touchpoints with candidates
If you want to make your hiring process quick, you can use the Application Tracking System and reduce the communication gap with your employees. For smooth communication, the management can create different touch points throughout the process.
These touchpoints reduce candidates’ worries, wait, and queries. Further, help you create a good connection with your candidates, so neither you nor the candidate delays getting back to each other. This way, you can retain the interest of your top-talented candidates and quickly offer them a job.
2. Build a transparent and personal recruitment process
Personalizing the applicant experience is also an excellent strategy for remote recruitment. When you foster your candidate with a tailored approach, it enhances their positive experience, your brand image, and job attraction.
You are also recommended to make the selection process transparent. Transparency increases candidates’ interest, response rate, and selection speed that you are looking for.
3. Access to an application tracking system (ATS)
You can hire your employees by using different manual procedures. Yet, automation increases efficiency, reduces chances of human error, and quickly streamlines everything.
If you want to make the hiring process automatic, you can use the Application Tracking System. By automating the hiring process, ATS reduces the burden of recruiters and hiring managers and helps them in the following ways.
- Promotes employer brand
- It makes CV Screening faster
- Promotes collaborative recruitment
- Speeds up the recruitment cycle
- Improves applicant experience
- Lessens the time of administrative tasks
- Enhances hiring quality and efficiency
4. Establish a structured hiring process
By adding a structure to the hiring process, you can make it smooth, managed, and prompt.
A structured approach helps in the following ways:
- Determines the talent for long-term success
- Reduces interviewer biases
- Makes evidence-based decisions
- Increases consistency in the evaluation
- Mitigates redundancy
- Declines total interview time
- Pipelines everything
The recruitment framework varies depending upon the available vacancy and company profile. Usually, hiring teams use the following four stages:
- Planning
- Attracting applicants
- Choosing applicants
- The offer phase
5. Hiring and recruitment outsourcing to PEO
As already discussed, finding the best talent is not easy as it includes a fear of wrong hire, expanded time, and higher costs. Well, to reduce these fears, you can hire the PEO services that make your global hiring decisions faster, easier, and bias-free.
A Professional Employer Organization (PEO) can efficiently handle your company’s hiring process and challenges from the first step to the final selection. It cuts down the recruitment time but increases the quality and efficiency multiple times.
So, you can comfortably recruit contractors and employees for your small and medium businesses by hiring the services of Canada PEO, all across Canada or Global PEO, all around the globe.
Along with recruiting and hiring the candidates, Canada PEO can provide you with many more services, such as:
- Handles HR services (risk management, payroll processing, employee benefits, HR compliance, employment tax, time and attendance management)
- Lowers liability for state unemployment taxes, payroll taxes, payment of wages
- Reduces employee turnover
- Increases your business growth and makes it more attractive for potential employees
- Saves your time and helps you concentrate on day to day business matters
The candidate screening processes are significant indicators for finding candidates, but they also waste time and energy-wasting. Thus, the best option to deal with this situation is outsourcing the human resource services to PEO.
Wrapping It Up
A long and slow selection process can lose many capable and talented candidates. Hence, you need to follow smart strategies, updated software, and proven tips to find the deserving candidates for your vacant positions.
Once you find competent candidates, offer them a job immediately; if in a case, a candidate makes a counteroffer, be prepared for negotiation. Make sure you don’t delay anywhere in any case!