For job hunters, every day they don’t hear back from a company they’ve interviewed with can be agony. Yet a recent survey found that the average time between the first interview and a job offer is about 33 days, an 84% increase since 2010. This causes, or at least contributes to, a 16% reduction in candidates accepting offers. Being decisive reaps benefits, the survey suggests, indicating that hiring managers prepared to make quick decision end up with 10% more high-quality candidates and 11% fewer low-quality candidates that their slower-moving counterparts. This partly because they reduce to time-to-hire time period by 17%. To make faster and better hiring decisions, consider aligning hiring with expertise and involving people beyond a hiring manager in decision-making. It also is helpful to engage with candidates, building a trusting relationship. Read the full article.
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