The average time-to-hire is about 3-4 weeks. Time-to-hire is such an important statistic for a couple of reasons. The first reason is that a vacant position means that productivity is suffering every day that position remains empty. Another reason is that the longer a company takes to make a hire, the more likely they are to lose candidates. Top candidates are not going to be around forever as they are often interviewing at multiple organizations. If you aren’t pleased with your time-to-hire, it’s time to make a change. Implement these 5 expert tips to reduce your time-to-hire.

Firstly, the best companies are proactive in developing a pipeline of top talent. As a result of this, once they have a need, they already have a list of top candidates that they can reach out to. It’s important that every organization is always connecting with and reaching out to top talent. How frustrating is it to go through countless resumes of unqualified candidates?

The interview process takes up about 2/3 of the entire hiring process. There is a lot of time spent scheduling the various rounds of interviews around the schedule of the hiring manager and the candidate. When candidates are waiting around for the next interview, it’s very likely they will start looking elsewhere and ghost you. Make an established, streamlined interview process beforehand and stick to it.

Ensure that all necessary parties are kept in the loop during the entire hiring process. Every participant in the process should be ready to go when it’s their turn to take an action. For example, the recruiters need to be ready to start sourcing and reviewing resumes, the hiring manager needs to be ready to interview when it’s time, and HR needs to be ready when it’s time to write up an offer.

Data is your best friend and can be a harsh critic. Data will tell you exactly how long it takes to make a hire and where you are failing. It’s important to keep track of all the data you have on your hiring process. Track things like candidate drop-off, time-to-interview, candidates applied vs candidates interviewed, etc. In addition to understanding the current state of your process, gathering this data helps you make informed decisions that will improve your hiring process.

Lastly, what’s the best way to cut out the time-consuming aspect of hiring? Have someone else do it for you! Recruiting firms take the stress and time commitment out of the hiring process. The best recruiting firms will source the candidates, perform pre-qualifying interviews, set up interviews, and help negotiate with the candidate. This service allows the hiring managers to only interview and decide which candidate they would like to hire. The best part? If you are in a hurry, a recruiting firm can dedicate their whole time making a hire as quickly as possible, therefore reducing time-to-hire.

Interested in using a recruiting firm to reduce your time-to-hire? We are happy to help! Get started by clicking the button below to fill out a short form.