In today’s competitive job market, many companies find it difficult to attract and retain great talent. Talent acquisition will only get harder in the coming years with new emerging jobs, shrinking talent pools, and increasing competition.You may be surprised to learn that top candidates stay available for just 10 days before getting hired. This suggests that you need to fill open positions in a short span of time.
Hiring new talent quickly can save your workforce from added pressure and also prevent loss of work. But how do you do that?
Talent Acquisition Strategies to Reduce Your Time to Hire
Let’s take a look at some talent acquisition strategies that can help you decrease your time to hire.
Recruit Using Social Media
Social media is not just a great tool to connect brands with customers, but it can also help you with recruiting. Social media platforms such as LinkedIn, Twitter, and Facebook are ideal places to research and identify top talent.
Set Up a Staff Referral System
Many companies reward their employees financially when they refer new candidates.
Your present employees understand your work culture and the kind of people and skill sets you’re looking for. They are more likely to refer people who are the good fit for a particular position. This can help you decrease your time to hire.
A referral system will also look promising to your employees as it provides them with financial gains as well as an opportunity to get their friends onboard.
Use Artificial Intelligence
Many companies already use AI, predictive data analytics, and other tools to improve talent searches. In fact, the use of AI is expected to become a faster and more efficient way to hire new talent.
You can use AI to streamline your hiring process, identify top resumes faster, and reduce human bias.
In order to decrease your time to hire, you need to reach the right candidates at the right place and time. To help you with this, Candidate Rewards has put together an infographic on how to, “Minimize Your Time to Hire with These Awesome Strategies.” Check it out here: Infographic