In a competitive world as ours, top talent is hard to find. Besides, in a post-pandemic world, quiet quitting has hit us hard and organizations find themselves challenged in retaining employees and hiring new ones as replacements. As an organization, therefore, if you are not able to move fast, you’ll miss the bus in getting the best talent.
When you find the right talent you’re seeking for, it is important you act fast in order to avoid losing candidates to other organizations they may be interviewing with. Taking longer to hire would mean your shortlisted candidates have the opportunity to accept offers at organizations who’ve moved faster than your recruiting team. Cutting down time-to-hire therefore becomes a critical factor in the hiring process.
For many organizations, Time to Hire (T2H) is the most important KPI in recruiting after those measuring new hire quality. Some use Time to Fill or both or even use the two expressions interchangeably. Terminology notwithstanding, it’s about getting the right people into the open positions quickly. So how can you accelerate and quicken the hiring process? As an organization you need a modern solution that can streamline the interview process and cut down hiring time.
Time to Hire is high on the agenda for most recruiting system implementation projects. There are a number of ways that SAP SuccessFactors Recruiting can help to achieve this, including, but not limited to:
My focus today is on the time that gets lost finding appropriate interview slots. A delay at this stage is particularly obstructive, as we are dealing with the top 5% or so of candidates – those who made it to the interview stage.
You probably know that getting hiring managers and candidates to agree to an interview timeslot can be tedious. Video interviews add some flexibility, but then most managers find it difficult to manage with their ever-busy schedules, wiping out any benefit video technology may bring.
There are basically two approaches to speed up interview scheduling. Both rely on providing the recruiter or coordinator with a number of slots to draw from.
If you are looking for a solution to speed up your hiring or you need help to set up SuccessFactors Recruiting solution and derive optimum value from it, get in touch with us.
SAP SuccessFactors Consultant