How long does it typically take your organization to fill in a new role? It is estimated that organizations take 36 days on average to fill in a new role and the entire process can cost them upwards of $4.425. Most organizations do not have this kind of money on them and cannot dedicate this extravagant sum every time they hire a new employee.
The cost of recruitment can feel even more troublesome when you have a high turnover ratio and have to hire employees every couple of weeks. This makes it even more important for you to improve the effectiveness of your hiring procedures and to make sure that you don’t hire the wrong fit for your opening.
In this article, we take a look at some of the tips you can follow to improve recruitment within your organization. Follow these tips for the best results.
Automate your Tracking System
The most important element you can add to your recruitment strategy is an ATS. An applicant tracking system is absolutely necessary for your recruitment process and allows you to track applicants through the entire process. From the first interviews to offer letters, you can automate your communication with the candidates.
An ATS also allows you to see where most of your candidates are coming from. This helps you formulate the ROI of different measures such as job posts on your social media, ads on job boards and careers page.
Improve Your Job Description
Studies show that many candidates do not apply for jobs where the job description does not meet their requirements. This makes it important for you to make your description as concise and thorough as possible. These might seem like two different objectives but can be achieved by properly drafting your job description.
Prioritize Communication
If you want your hiring processes to be effective, you should prioritize communication with your candidates. Always check on your employees during the process and make sure that they are given updates on news within the process. Even if it is a small prompt on ‘no news yet’, you should ideally communicate with them.
Look for Internal Hires
If you are hiring for a managerial position, look for employees you can promote from within the organization. Only look for external hires when you don’t have a prominent fit within the firm. Hiring from your own firm comes with a host of benefits, including the general comfort levels of current employees and greater motivation across ranks.
We at JS Benefits Group have worked with organizations to help improve the recruitment process. You can get in touch with JS Benefits Group to discuss and devise a strategy.
