The benefits of a short hiring process come from being more efficient—not simply rushing through the process. If you move too fast and cut too many corners, you’ll end up hiring underqualified or unmotivated employees. Hiring faster without sacrificing candidate quality, however, will get you tangible results.
1. Save Money on hiring
We’ve already mentioned this, but it bears repeating—one of the main benefits of hiring quickly is saving your company time and money. Who wouldn’t want to spend less time finding the right person? On top of that, leaving a position unfilled can be costly in the long run regarding recruiting and marketing expenses.
2. Hit Business Goals
Improving your time-to-hire and expediting your hiring process can also help you hit business goals faster. The quicker your team can get someone in the door, the sooner that person can get to work and help where help is needed.
3. Win the Competition for Talent
With more open positions than qualified candidates in many industries, there’s no doubt it’s an employee’s market right now. But even in an employer’s market, the best candidates may still listen to multiple offers. Moving fast will help you remain competitive, attract the most motivated talent, and get them to say “yes” to you first.
4. Support Your Current Employees
Not only does lowering your time-to-hire help your company on an organizational level, but it also benefits your departments and teams. By hiring people and filling needed positions quickly, you’ll reduce the risk of burning out your current employees.
Ways to Speed Up the Recruitment Process- (Title tags)
We put together a list of our top tips on how to hire faster and wiser.
1. Audit Your Hiring Process
The first step in revamping your time-to-hire is to begin within—identify all the different phases of your hiring and see where the most considerable lags are happening. For example
Are you waiting too long to reach out to a potential candidate?
- Are there too many cooks in the interview kitchen? In other words, are all the internal team members included in the interview process directly responsible for the position or critical to understanding it?
- Do you have a standard process for gathering candidate and new hire feedback?
Every company has its own hiring process, so exactly what you tinker with will be unique, but if you earnestly look for rough spots to smooth out, you’ll find them. Keep in mind that even incremental changes can make a difference. A few minutes or hours of admin time here and there can add up to days in saved productivity.
2. Use save more time in hiring with cleankoding.com
Having the right system can decrease your time to hire significantly, and we can save time by performing tasks like:
- Posting job openings
- Filtering resumes finding the most qualified applicants
- Candidate screening
- 3. Standardize Your Interviews
- Look for ways to streamline. For example: how interviews are conducted
Decide in advance how many rounds of discussions you’ll be working on before the offer stage. We at Secondround.io do the first round of interviews for you and interview records are available to watch. This will keep hiring on track and feel more comfortable knowing what to expect beforehand.
As with any adjustments in workflow, these suggestions won’t be the same for every situation or organization. That’s why the initial hiring audit is the first step—see where you can be more efficient, and test to see what works.