How Hiring Best Practices Help You Find Better Candidates

How Hiring Best Practices Help You Find Better Candidates 800 533 Balance Point Team

A hiring manager looking for quality talent without a plan is like a fisherman showing up at a pond with nothing but bare hands and good intentions.

To succeed in acquiring talent you need the right tools and best practices, just like a fisherman needs a proper rod and bait.

Here’s how adopting an effective hiring strategy can help you land the big fish.

Reach them first

A good fisherman knows that the best time to catch a fish is first thing, before others start casting their lines. It’s the same in the search for qualified candidates.

Highly desirable talent is snatched up quickly. According to research, the best candidates are only on the market for 10 days. Having a formal hiring strategy in place that helps you identify qualified candidates before your competition does gives you a clear advantage.

Outlining your hiring needs (which positions you need to fill and what will be required of those positions) along with having updated job descriptions, will allow you to drop your line more quickly. Utilizing technology that stores job description templates and posts them to multiple boards at once saves valuable time.

Make an offer quicker

A good fisherman knows exactly when the fish is hooked and the time is right to reel it in. If he waits too long, it may swim away. Your big fish may look for other opportunities if you don’t seal the deal quickly enough.

According to a 2016 Robert Half survey, 23% of workers lose interest in a position if they don’t hear back within a week of the initial interview. Another 46% lose interest if there’s no status update from one-to-two weeks post-interview.

Making a hiring process flowchart with a timeline is effective in moving candidates quickly through the funnel. Flowcharts provide structure which also helps eliminate bias in the process.  

SHRM reports the average time it takes to fill a position is 36 days. Technology greatly reduces time to hire by automating routine tasks such as scheduling calls and interviews, gathering feedback, and rating candidates.

Increase the odds of them accepting the job

A good fisherman wouldn’t cast a line without bait on the hook. Similarly, a hiring manager shouldn’t expect a big catch if the application and hiring process is cumbersome and unappealing.

Candidates who have a positive experience in the recruiting process are more likely to accept your offer and refer other quality candidates. The use of applicant tracking technology makes the process faster, easier, and more streamlined. Added bonus: employees carry that first impression of the organization throughout their career.

Having a hiring process that combines best practices and technology will prevent you from lamenting the one that got away. 

If crafting an effective hiring strategy makes you feel like a fish out of water, click here to schedule a consultation with one of our talent acquisition experts. 

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