How to Improve Time to Hire with a Hiring Platform
October 25, 2022
41 days. That’s how long it takes companies on average to hire. Evidently, the average time-to-hire depends on the industry. For some, it could take only 12 days, while for others, it could take anywhere over 40 days. But whether it takes you a week, month, or year to recruit top talent – a hiring platform can improve time to hire tremendously.
As a recruiter, you are on the front line of your company’s hiring efforts. The way you organize your tasks, communicate with candidates, or build talent pipelines will ultimately determine the success of your hiring process. But one common challenge that recruiters face is the amount of time it takes to make the right hire. Like an endless game of ping pong, a long hiring process can be debilitating for both recruiters and candidates.
The time to hire metric is crucial to measure in the world of HR. Why? It ultimately tracks how many days have passed by, from when a candidate applies for a position to the day he/she accepts the job offer.
So how does a hiring platform improve time to hire?
Buckle up, and let’s explore that together!
Tricks to quickly improve time to hire with the use of a hiring platform
Taking too much time to fill a job opening doesn’t just increase the cost per hire, but also you risk having high-quality candidates.
Want to learn how to improve time to hire? Check out these awesome tricks that will help you up your recruitment game and recruit the best candidate for the job.
Screen more talent in less time
One of the most time-consuming parts of the hiring process is screening candidates. As integral as it is, it could slowly turn into a painstakingly long process. Did you know that recruiters spend, on average, 78,352 minutes every year on phone screening candidates?
That’s a little over 50 days! When you want to determine if a candidate is qualified enough to proceed through the hiring process, you need to thoroughly unravel their skills, experience, and expertise. Which all too often isn’t exactly easy if you don’t have the right tools or hiring platform.
Luckily, the advancements in technology are on our side, and they’re transforming the world of recruitment as we know it. And at the forefront of this movement are hiring platforms. A hiring platform like EVA-REC can help you seamlessly screen candidates without headache, hassle, or effort. For example, instead of having to screen hundreds of CVs manually, you can do that in a matter of seconds with our end-to-end hiring platform. How?
It’s a fairly easy process. If you’ve got an offline database of CVs (from your desktop or inbox), simply drag and drop them into EVA-REC. Instantaneously, the hiring platform will parse the information from the CVs and create a profile for each candidate. Afterward, you can filter through the sea of candidates based on specific keywords. Perhaps it’s the career level, language proficiency, major, job title, skills, or job position.
Whichever it is, as soon as you choose the criteria most important to you, the hiring platform will instantly filter through the CVs, and a matching percentage will then appear next to each candidate’s profile. This percentage signifies how closely the candidate’s profile matches the job requirements. Then, with the click of a button, recruiters can quickly match these candidates to pre-existing job posts or job descriptions that they have. This helps recruiters make hiring decisions right off the bat and shave valuable time off screening candidates!
Sustain a great employer brand
If you want to attract and lure in top talent fast, then you first need to build an outstanding employer brand. First, you need to build a culture of graduation. Just like a school, motivate your current employees to continuously learn, improve their skills, explore new roles, and thrive in their careers. But that’s not only it. If you have an unrivaled employer brand, don’t shy away from flaunting it. Show top talent why your company is the best place to work. And what better way to do that than through a hiring platform? A hiring platform can help you build and design a modern career page from scratch.
You don’t need to recruit a bunch of developers or spend months working on it. With such a user-friendly hiring platform, you can be up and running in a matter of minutes. The best part? You can design it all while reflecting your employer brand! You can add the colors that represent your brand, as well as your logo and favicon. Not just that, but you can also add an engaging video, compelling team testimonials, awesome perks and benefits, and pictures that make your company stand out in the eyes of candidates.
This way, when top candidates visit your beautiful career page, they’ll learn everything they need to know about your job opening, culture, work environment, and what you have to offer. Other than that, there are other ways you can improve your employer brand with a hiring platform. Such as by:
- Designing an inclusive hiring process that is friendly, fair, and unbiased.
- Communicating with candidates in a timely manner through personalized emails.
- Enabling teams to collaborate in one platform to expedite the hiring process and improve the candidate experience.
- Recommending online courses to candidates to fine-tune and enhance their skill sets.
Make geographical barriers a thing of the past
Many companies are still operating remotely since the wake of Covid19. As a result, the hiring scene shifted altogether for recruiters. Candidates no longer had to wait in waiting areas. Meeting rooms no longer had to be booked for interviews. And recruiters were no longer tethered to recruiting only at the office.
However, this “new norm” brought about its fair share of challenges: siloed teams and communication barriers. Despite the widespread of tech tools, companies still struggle with team collaboration and ongoing communication.
Then came a hiring platform like EVA-REC, which changed the ballgame altogether. EVA-REC is an award-winning hiring platform that enables recruiters to invite their teammates to support them in the hiring process and give them access to all the information they need.
What’s more, they can even give their teammates the green light to move a candidate between stages and specify their permissions on the platform. Plus, they can also share comments, ratings, feedback, and evaluations with their teammates –to foster a more collaborative hiring experience even when working remotely. As a result, an automated hiring platform makes screening candidates faster and collaboration far more efficient. Allowing you to improve time to hire of your process and scoop up the best talent before your competitors!
Collaborate with teams and hiring managers
Finding and recruiting great candidates is a team sport. Just like a football team, recruiting teams need to work closely together from start to finish to achieve hiring success. In fact, recruiting teams need to educate each other, work closely together, and reach a consensus on decisions. But without a unified platform to communicate, collaboration could wither away.
Since HR managers aren’t always hanging out at the top of the funnel, they might question why it’s taking too long to hire candidates. This is where collaborating on a hiring platform is useful. With a hiring platform, you can invite your teams and managers to collaborate with you throughout the hiring process. Where managers can assign tasks, roles, and permissions for specific teammates and keep an eye out for their progress. They can instantly get notified when you move a candidate from one stage to the other, make changes to the pipeline, or require approval for a specific workflow.
Not only that, but a hiring platform like EVA-REC enables you to get an update on every task that their team is handling. Even better, the entire recruiting team can collaborate and communicate in real time. This way, they no longer need to chase after managers to get their feedback or comments. You can collaborate together in one single place and improve time to hire!
Build a talent database and keep it updated
While only a good portion of the workforce is looking for new jobs, there are still others that may be willing to take on a job if proactively approached. Candidates in your talent pipeline that may not have been the optimal match for a past position might be well-suited for a current vacancy. So make sure you build a talent database that you can dip into when in need!
And remember, with remote workforces being the new bling, you can always include remote candidates as well to help you expand your talent pool. A hiring platform can help you build a talent pool as your safety net, just in case you get an impromptu departure from one of your top-performing employees. To save time on sourcing, you can simply compile a list of qualified candidates that sparked your interest over time and store their details within your hiring platform. Then, you can categorize them based on their skills, experience, and education to create a talent pool where you can draw out candidates when the time is right.
The best thing about building a talent pool in advance is that you can reconnect with these candidates when a role opens up that suits their qualifications. This way, you can have a talent pool on the side, and your chances of winning quality talent increase!
Improving time to hire
Speeding time-to-hire only for the sake of being faster can be detrimental to your recruiting efforts. But speeding it up with a hiring platform is a different story altogether. With that being said, make sure to continuously track and measure all your recruitment metrics from time to time.
See what’s lagging behind and what needs improvement. Rely on an advanced hiring platform that will help you keep all your metrics on track and help you crush your hiring goals starting today!
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A wordsmith, storyteller, and content strategist – Tima is an MBA graduate with 6+ years of experience in the world of HR. With over 2,000 blogs under her belt, Tima's expertise and insights have helped businesses across the globe take their recruitment to the next level and stay ahead of the curve.
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