Increasing Candidate Conversions

In today’s candidate-focused hiring market, it’s more important than ever to focus on optimizing your hiring process and increasing candidate conversions. Applicants are able to choose from a wider range of job opportunities and often go with the path of least resistance. In many cases, this comes down to the fastest track to payday. Nobody wants to lose their candidates right in the middle of the conversion process.

We’ve compiled 3 tips for how to optimize your onboarding process – and increase conversions.

Communicate

This may seem like a no-brainer. But communicating with your candidates and letting them know where they’re at in the process is crucial! Don’t just give empty updates like “we’re working on it,” but rather tell the candidate how far they are in the application process and when they can expect to move on to the next stage – and, ultimately, when they can expect to be converted.

Even if you choose not to move forward with a candidate, it’s important to communicate with them. According to LinkedIn, 94% of candidates want to hear feedback following a rejection. Not only will this help them to address any areas of improvement, but it shows the candidates that you made your decision with care and want to help them succeed – wherever they may end up.

Move Quickly

While you don’t want to rush the process and make uninformed hiring decisions, it is necessary to move with a bit of urgency. According to Officevibe, top prospect candidates are only on the market for 10 days before accepting an offer. Even if the candidate thinks your position holds more potential, they may opt for a lesser position if it means they have a guaranteed job starting sooner. Bills wait for no one!

Ask for Feedback – and Implement

The candidate experience is at the top of everyone’s mind – none more than the candidates. 64% of candidates would share their negative experiences with friends and family, and 27% would actively dissuade them from even applying, according to Retorio.com. The last thing you want is to get a bad reputation in your community. Ask your new hires if they have any feedback on where your onboarding process could be improved – and make plans to implement their recommendations!

OneSource Staffing can help you with optimizing your hiring processes and increasing candidate conversions. Visit our Employers page to learn more!

 

SOURCE: https://www.myshortlister.com/insights/recruiting-statistics

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