Throughout Information Technology and Finance, the job market is hotter than it’s been in years. On the front lines of recruitment, that means that many companies are in competition for the best candidates to fill open positions. Fortunately, the best recruiters know how to do more than just attract good employees. They also know how to entice the best recruits all along the way, ensuring that they will go through the entire process and get hired by your company.
Step 1: Keep Track of Your Candidates
For many companies, the shear volume of applications that are received when a new position opens up is overwhelming. In today’s job market, it’s not uncommon for a company to receive hundreds of applications and resumes from candidates within a few hours of posting a job. Good staffing agencies, however, know that addressing these applications quickly is the best way to ensure that the right employee doesn’t go somewhere else.
A combination of years of experience and the latest technology allowing a good staffing agency to quickly sift through thousands of applications, picking out the best candidates for your company’s labor force. This process goes beyond simply searching for a few keywords. Experienced recruiters know to look for the right combination of experience and specialized skills.
Once the top candidates for a new job have been identified, it’s important to establish contact with them right away. In today’s market, many of the most qualified employees are able to find a new job within days of starting their search. If a company doesn’t immediately establish communication, these candidates assume that no one is interested and they move on to the next company. In many cases, personalized initial contact, often in the form of an email or phone call, is made within a few hours of a candidate submitting an application.
It’s crucial to realize that the nature of this initial contact can set the tone for the rest of the interview process. A generic message stating that the application has been received is a nice gesture, but many people today expect a company that’s really interested to follow up with request for additional information or an invitation to an interview.
Step 2: Maintaining Communication
After this follow up request, it’s incredibly important for a company to maintain contact with their recruits. This starts with providing feedback after an interview. While in the past it has been standard business practice to interview a number of candidates, then wait weeks before asking for a second round of interviews, today’s competitive job market means that the best candidates will often not choose to wait so long after an interview to hear from a company. After a few days of not hearing anything from an interview, they will assume that they have been eliminated and search for other opportunities.
In many cases, this crucial point in the hiring process is where companies see their best candidates leave. Often, this is because people at the company who typically have little to do with the hiring process fail to realize that they need to stay in touch with their candidates at this point. In fact, many of them will even point out that this was not part of the hiring process when they took their jobs. Fortunately, this is another place where a great staffing agency can help. By sending out some quick and simple feedback within a few days, candidates can gauge the level of interest from the company and keep the opportunity open.
As the hiring process goes on, this constant communication becomes more important. Even if there is nothing new to report, candidates need to know that they are still being considered. Long delays cause many people to assume that they need to keep looking for other positions.
If you seem to be losing your best candidates half-way through the interview and hiring process, it may be time to review your process and communication with your candidates. Fortunately, ICS specializes in working with companies and candidates during this period, and they can help you to attract and retain the best candidates during the hiring process. Contact ICS as a third step if you want the best candidates.