If you found a stellar candidate the same day your job was posted, would you hire them?
Probably not, according to our recent survey of HR pros. When asked what they would do if they interviewed a candidate and got a great feeling about them, only 23% said they would jump at the opportunity to hire them. The rest would continue to go through the hiring process to ensure that they are in fact the best candidate.
It’s an understandable decision, especially given that the costs of making a bad hire can be high, in terms of both time and dollars.
But at what point do you put decisiveness ahead of procedure and trust your ability to recognize the right candidate when you see them?
A whopping 92% of HR pros who participated in our survey said they would be happier if positions were vacant for less time, yet 58% said that a longer hiring process results in better hires.
It seems like what’s missing here is confidence. There’s a lack of confidence that quality candidates can be found in a very short time, and perhaps even a lack of confidence on recruiters’ part to say, “This is the one. I don’t need to look any further.”
The best we know to get your confidence level up is to use Predictive Talent Analytics (PTAs). What these assessments will do is reduce time to hire while AT THE SAME TIME, accurately identify candidates who really fit your job and your company culture. Predictive Talent Analytics not only reduce time to hire, but predict what you can expect in the way of performance right from the get go. So instead of waiting 90 days, observing the new employee’s performance, PTAs can actually compress that uncertainty down to about 2 hours on the front end before a hiring decision is made. Want to learn how?