The True Cost of a Bad Hiring Process

Oct 26, 2022

Job seekers are always in demand, and they want to see that you recognize their value. To do this successfully, create a hiring process that is easy for candidates while also being beneficial on your end you need to ask yourself these four questions:

  • Is your time to decision fast enough?
  • Do you share information on company culture?
  • How is your correspondence?
  • Are you providing value up front?

By taking the time to answer these questions, you can create a hiring process that will be easy for candidates and beneficial for your company. Job seekers want to feel valued, and by creating a process that is easy for them, you can show them that you recognize their worth. In addition, by making sure that the process is beneficial for your company, you can ensure that only the most qualified candidates are hired. By taking these steps, you can create a successful and efficient hiring process.

  1. Is your time to decision fast enough?

Hiring can take time, but it's worth the effort to find someone who will be a good fit for your company. The average hiring process includes interviews and lasts around 43 days but if you don't hear back from them after two weeks of waiting then chances are this person isn't interested in working with you. So, make sure they're still keen on working together by integrating assessments into applicant tracking systems so recruiters never miss an opportunity again. Administer these aligned skill tests alongside any other standardized testing submitted during job applications instead.

  1. Do you share information on company culture?

When it's time to fill job openings, make sure that you are communicating with potential candidates about what their experience will be like at your company. Communicate the culture of excellence and integrity in every step along this process so they can decide if it's a good fit for them or not. The use of role-play exercises and virtual assessments can yield invaluable information about your future employees. They'll get a taste of what it's like to work with you, while also learning more details on how they would be able to accomplish specific tasks in the workplace if given an opportunity. These methods are best used as a last resort because they require more work on your end.

  1. How is your correspondence?

The hiring process is more than just an interviewing session. Providing genuine feedback can help candidates achieve success by making them feel valued and engaged in the company, which leads to higher rates of returning employee engagement.

Candidates who don't receive feedback are twice as likely to have an unpleasant image of the company. If employers can demonstrate investment in their success, it will go a long way toward building trust and loyalty for future opportunities with this organization. For instance, you might provide neutral feedback that highlights certain tendencies or capabilities while giving helpful suggestions without mentioning scores from previous job interviews. By doing so you may avoid legal challenges.

  1. Are you providing value up front?

The future of work is now. LinkedIn's 2022 Workplace Learning Report found that companies who invest in their employees' growth can expect them to stay around for 5-years, rather than just 1 year with another employer.

The hiring process should be designed so that candidates can benefit from the opportunity to learn new skills and gain relevant knowledge. For example, if sales-interested employees are selected for an interview based on their application form where they indicate interest in learning about cold calling techniques or strategies for overcoming call reluctance, then during these interviews there could also potentially exist some opportunities related specifically to those fields of expertise as well. The key here is giving job seekers something other than just being offered a position with your business. Give them the value they'll take wherever they go.

If you're a hiring manager, Amy Cole Connect can help you. We provide valuable hiring resources for your business. We are experts in topics like time-to-decision, the importance of culture fit, and how to write effective correspondence. We want to make sure that your business is set up for success when it comes to finding the best talent. Are you ready to take your business recruiting process to the next level? Let's Connect today!