Does your heart sink every time an employee leaves because you know all-too-well how much time and money you will need to spend on filling the empty position? Does your mood dip every time you know you have to post a job posting, even if it’s to fill a new position you’re excited to create, because you know the process to find a candidate will drain the company bank account and take several long months?
Red Seal Recruiting shares some grim hiring statistics, including an average of 42 days for a company to fill a role and a period of six months for a company to balance the books after investing in filling a new position. The site adds: “It could be anywhere from $250,000 a month, to tens of thousands every hour, in the case of industries that suffer production interruptions due to a lack of maintenance staff, such as mining or manufacturing.”
Here are some best suggestions for how you can hire faster:
This solution is fairly self-evident. If you have a qualified internal candidate, hiring that person will be a lot easier and faster than hiring externally and going through the process of writing a welcome letter to the new employee, training them, and helping them adapt to the company culture. ADP blog explains, “Hiring an internal candidate is typically quicker and less expensive because you don't have to pay to post a job ad or pay a recruiter to source candidates. Scheduling interviews is also easier.”
Write a job description that displays your company’s personality
A job description which really highlights your company’s personality, compared to a more generic job description, may attract more applicants and help you find a candidate who is best-suited to your job description. Glassdoor explains, “If you can make your company's personality shine in your job description, then you will generate more interest for your job and the candidates who apply are more likely to fit with your company's culture, letting you reach your final decision faster.”
Post to many job boards
Thinking of just posting to a couple of job boards to find a candidate? Think again: you will need to advertise across all job boards if you want to hire a candidate as quickly as possible. An article on Pushfar.com notes: “If you post to just one job board your ad will only be seen by no more than 25% of job seekers as not every candidate is registered with the same board, regardless of how popular it is. In order to reach up to 85% of all active candidates, you will need to advertise across all the top boards.”
Try a new hiring solution
Geekbidz is a freshly launched direct-to-hire platform. It promises to reduce hiring cost by 75% and shorten hiring time to just a few days. As an AI-based platform, Geekbidz ranks talent and anonymously pairs best-fit candidates with the skills required for posted jobs. Employers can invite job candidates to an on-the-job evaluation, thus speeding up hiring. As an interview-free, resume-free platform, Geekbidz also eliminates the burdensome hiring cost associated with various stages of the resume and interview process.
Speed up interviewing
If you’re like most employers, you have a busy schedule; but delays in scheduling interviews simply drag out the hiring cost and time associated with the hiring process. Harver suggests using an automated interview scheduling tool that will eliminate wasted time and delays, as well as giving job candidates a more satisfying interview experience.
Spend a Little Time Revising Your Hiring Process Now, Save a Lot of Time in the Future
You may have a tried-and-true method of finding candidates, or you may be unsure how best to find a candidate for your next position. Either way, hiring in this day and age is often unnecessarily slow. By spending a little bit of time examining your current hiring process and making a few changes in the way you recruit candidates or the hiring platforms you use, you can save a great deal of time and money for months and years to come.