Reduced Time to Hire

Many talents are lost due to recruitment departments or agencies taking too long to decide or contact. Meanwhile, competitors are waiting on the same resources to hire them. Being agile is key to reducing the time to hire, decreasing the risk of the employee getting another offer or losing interest in your company due to the delay.

Ask yourself, do you have a solid hiring system that allows you to make a decision to make an offer to a candidate whether you have 1 or 20 in the pipeline ? Or you will wait to interview 20 candidates until you make a decision ? It might be very late.

Employee Referral Programs

Ramping up an employee referral program is a smart way to hire promising candidates and also make the current employees happy. A company should use their own employees as brand ambassadors for the company and augment their reach capabilities throughout the use of social media.

Referring network contacts should be an easy process to increase volume and clear rules of engagement should be stated to get the perk/bonus associated with a successful hire. As an example of a bonus, an employee that submits a referral that gets hired and passes the 6mo mark should be eligible for getting the perk/bonus.