The average time to fill a critical role in an organization is now 23 days, up from 13 in 2009. When an organization take too long to complete the hiring process, it risks loosing top candidates to other companies. Moreover, unfilled positions cost the company money and overstretch workers to fill the void.
Shortening the hiring process often means a less costly hiring process. If your organization isn’t ready for a complete overhaul of its hiring process, i.e. analyzing key metrics to see what is working and what needs to be improved or eliminated, you can speed up your hiring process in the short-term by taking advantage of technology and resources available.
The shorter your hiring process, the more likely top candidates will stick around. By taking advantage of the resources readily available, you can shorten your time-to-fill by a few days or even a week or more.
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