BUYER ADVERTISING, INC.
NEEDHAM, MA

Buyer Advertising Do you remember the old adage from Aesop’s Fables, “slow but steady wins the race?” Not a bad philosophy to live by the majority of the time, however, you probably shouldn’t apply this advice to your company’s hiring process especially when you consider the toll it will take on the “candidate experience.” Research has found that companies need an average of 23 days to screen and hire new employees, which is up from 13 days in 2010 . While it’s obviously important to be thorough throughout your hiring process in order to avoid costly mistakes, if the process runs too long, your company could potentially lose out on some of the best talent that’s out there. The longer the hiring process, the more frustrated candidates become – which will inevitably lead to negative perceptions about your company. In addition, the impression you leave may have a ripple effect on future candidates. A Robert Half study revealed that when forced to endure a lengthy hiring process, nearly 40 percent of job seekers lost interest in the position and elected to pursue other opportunities. Additionally, more than 30 percent indicated that a drawn-out process made them question whether the employer was good at making decisions in other areas of their business . Many candidates view their first and only interaction with a company (during the recruitment process) as a significant indicator of what it’s like to work there – so, if it is poor, then the likelihood of applying in the future is further diminished. Talent acquisition teams trying to build a “talent community” will certainly feel this impact. . This is an undeniable reality. The speed at which you engage your candidates is critical when competing head to head with talent competitors. Beyond the obvious fact that you may lose some great candidates along the way, there are some potential side effects which will be felt in other areas of your business including a slowdown in innovation, production schedules, product delays, employee morale, revenue generation and a fatigued work force. Clearly, there are numerous ways in which a slow hiring process will do damage to your company from a recruitment as well as a business standpoint. Fortunately, just by making some minor adjustments, you can improve your situation quickly and rather dramatically. The easiest and perhaps least disruptive steps that can be taken to shorten your hiring cycles merely involve better communication. Did you know that approximately 75 percent of workers who utilize a variety of sources to apply for jobs never hear back from employers If you are interested in learning more about how Buyer can help streamline your hiring process, I’d love to hear from you. Contact me, Our optimized hiring platform provides recruiters a smarter way to attract, convert and track candidates through the hiring process - backed by a team of industry leaders who work harder than anyone else in the recruitment marketing space! We expect you to hold us accountable to deliver on our media strategies. That’s why we are always looking for better ways to track source effectiveness. From consulting on the most appropriate applicant tracking system (ATS) and configuring it to track your sources to setting up our AdMetrics tool, Buyer can provide you with the means to maximize your ROI on your next marketing initiative. To learn more We are proactive in bringing you innovative ways to position you as a top employer Our optimized hiring platform provides recruiters a smarter way to attract, convert and track candidates through the hiring process - backed by a team of industry leaders who work harder than anyone else in the recruitment marketing space! We expect you to hold us accountable to deliver on our media strategies. That’s why we are always looking for better ways to track source effectiveness. From consulting on the most appropriate applicant tracking system (ATS) and configuring it to track your sources to setting up our AdMetrics tool, Buyer can provide you with the means to maximize your ROI on your next marketing initiative. To learn more We are proactive in bringing you innovative ways to position you as a top employer