Taking to long to make a hiring decision can cost your company talented employees. As you have probably heard, a record number of people quit their jobs at the end of 2021. Hiring will probably remain tight in 2022, with many companies pursuing the same talented candidates. Despite this urgency, many companies take up to two months to decide to hire a candidate. A Robert Half survey showed that 62% of candidates lose interest if […]
If your hiring process includes using an Applicant Tracking System (ATS), the algorithm might be rejecting great candidates for your role. A recent survey by the Harvard Business School and Accenture highlighted the problem for both high-skilled and medium skilled candidates. 88% of high-skilled candidates were rejected because they did not exactly match the hiring criteria. And 94% of middle-skilled candidates were rejected. Below are a few suggestions on how to improve your hiring process […]
When you hire the wrong candidate, it is easy to lose track of the true cost of that decision. And more than 75% of hiring managers say that they have hired the wrong candidate for a position. According to the US Department of Labor, the average cost of the wrong candidate is 30% of their annual salary.