May 25 , 2019

Tag Archives: Speed of Hire

Here’s How a Slow Hiring Process Impacts Your Bottom Line – by eightfold.ai

The average time it takes to fill an open position is 44 days, representing a 50-percent increase since 2010, Dr. John Sullivan writes at ERE. For each day a position goes unfilled, the organization loses productivity, as the position’s tasks remain undone. Additional productivity losses occur as other staff members take time from their own work to cover the essential tasks of the open position. Since existing staff are stretched thinner, their engagement suffers and their risk of burnout increases, further jeopardizing long-term productivity.

Read More »

30+ Actions For Improving Offer Acceptance Rates

Unfortunately, despite the obvious importance of selling, many employees, recruiters, and most hiring managers are weak at selling. In addition, generally few effective data-driven selling tools are provided to those that interact with prospects and candidates. If you want to improve your selling capability in recruiting, here are some actions to consider. They are broken into 5 distinct categories. The …

Read More »

Internal Movement – The Ultimate Productivity, Development and Retention Tool

Talent advisors have in most cases failed to make senior executives fully aware of the extremely high ROI generated by a “wonder tool” that directly improves performance in multiple talent areas including productivity, retention, recruiting, motivation, as well as skill and leadership development. This powerful talent approach is expedited internal movement and transfers between disparate and global business units. And …

Read More »

Impact on the Bottom Line – The Importance of Speed in Talent Acquisition by Tina Eaton

Written by Tina Eaton on 11/01/2018. Slow vs. Fast Hiring and the Impact on Your Bottom Line HR expert Dr. John Sullivan estimates that on-the-job performance can decrease by an entire percent every single extra day you spend making a hiring decision. ‍At Amazon, if their hiring department was to take 10 more days than usual to acquire human capital, on-the-job performance …

Read More »

Talenytics’ Howard Flint on – Is ‘Speed of Hire’​ the Next Essential Metric?

As seen on Talenytics.com by Gianna Legate Having recently read Dr John Sullivan’s article on Speed of Hire, Talenytics’ Chief Strategy Officer Howard Flint is left wondering whether or not it could really plug the current gap in hiring metrics. Speed of Hire is an interesting way of dressing up the traditional Time to Hire metric we all know and (sort of) love. Due …

Read More »

[SLIDES] SPEED OF HIRE WORKSHOP: Corporate best practices… that show how reducing time-to-fill directly improves quality of hire

Download Increasing your speed of hire ranks as the No. 2 option for improving a firm’s quality of hire. The competition for talent is so high these days, that if you don’t hire extremely fast, quality candidates who apply at your firm will be gone within days because they have accepted another offer from a firm that acted faster. Some …

Read More »

Stop Losing Top Candidates to Slow Hiring by Fixing These 8 Speedbumps

The Top Causes of Unnecessarily Slow Hiring Whenever you are focusing on hiring high-demand top performers and innovators in a highly competitive market, there may literally be no factor that damages your recruiting results more than slow hiring. Intuitively, most organizations and individuals think that taking your time to gather information to make such an important decision would result in …

Read More »

Improve Your Hiring Results With These Speed of Hire Tips

Many recruiting leaders are not aware that “the magic bullet” in recruiting is improving your speed of hire. Hiring faster improves your quality of hire because you make a hiring decision before any top candidates drop out to take a competing offer. A faster time to hire will also improve your offer acceptance rates, strengthen your employer brand, and make …

Read More »

Top Candidates Are Gone Within 10 Days … So Assign Each A ‘Hire-By-Date’

By Dr. John Sullivan February 15, 2016 | ERE If business people ran recruiting … they would assign a “hire by date” to each must-hire candidate, because these valuable in-demand candidates are likely to be quickly out of the job market. Perhaps an example will help you understand the concept of a “buy by date.” Imagine that you’re at a farmers …

Read More »