Whether you’re short-staffed, going through a reorg, or simply don’t have streamlined systems in place for hiring—regardless of the reason—if your time to fill is high, you’re losing top talent to your competitors. It’s as simple as that. Time to fill is a metric that begins when the job requisition is approved to the moment the top candidate accepts the offer. Measurement of this metric allows you to track the efficiency and efficacy of your hiring process as a whole. Why is this important? Nearly a quarter of candidates will lose interest in an employer if they don’t hear anything within a week. That number jumps to 46% if it takes over a week. So naturally, the lower the time to fill, the more effective your company will be at recruiting and attracting the best talent to help your company achieve sizable growth.
So, how can Rooster help you decrease your time to fill? Let’s take a look to avoid missing out on growth opportunities.
5 Critical Ways to Reduce Your Time to Fill
The first step to reducing your time to fill is identifying the bottlenecks that are slowing down your process. We have a whole blog on this because it’s the first step to achieving hiring success! If you missed it, check that out now.
After identifying the bottlenecks, it’s time to deploy solutions. Here are just a few that Rooster uses with clients across the globe:
2-Way Workday Integration
If your tech isn’t talking to each other, you’re wasting time flipping from one solution to another.
Free up your recruiter’s time to acquire more talent rather than spending all day going back and forth with current candidates in the pipeline.
If an individual is holding up the process—candidate, manager, or recruiter—they’ll receive SMS or email notifications about pending tasks to keep the hiring process moving efficiently.
You can create an automated flow with unique customizations for personalization so your team doesn’t have to spend all day crafting individualized emails. This allows personal touch with minimal effort.
Analytics & Insights
The only way to get better is to address your shortcomings. Analytics can show you things like interviewer leaderboards, response rates, time to fill, and more.
What Happens When You Reduce Time to Fill
We’re in the midst of a candidate-driven market, which means that your hiring practices are critical to your business success.
The longer a requisition is open, the more money is lost. Plus, top talent is the first to drop out of the interview process or ghost a recruiter if they feel they’re waiting too long, according to a top professor at San Francisco State University.
So, speeding up your hiring process will provide you with more significant savings and more qualified talent so your organization can achieve sizable growth.
Let Rooster Help You Streamline Hiring to Capitalize on Growth Opportunities
Our main goal at Rooster is to make hiring easy and efficient. This means reducing time to fill in nearly all cases. Looking at one implementation at Pluralsight, we reduced the time to fill by 53%. They went from an average time to fill of 38 days, all the way down to 18 days—which is almost unheard of in any industry. So how do we do this? First, we help make scheduling simple for recruiters and candidates. Next, our integrations ensure easy setup and adoption. Finally, the system has full visibility for easy collaboration. And this is just the beginning. There is so much more to come! Want to schedule a personalized demo to see how you can reduce time to fill for greater efficiency, growth, and ultimately, success? Let’s chat.