Time to fill vacant jobs averages approximately 44 days, an increase of 50 percent since 2010. This trend doesn’t bode well for employers who want to win the competitive talent war – especially with unemployment continuing at a low rate and supporting a candidate-driven market.

Slow hiring has a negative ripple effect that hurts your company in myriad ways.

Your bottom line suffers.

Top candidates remain on the market for only about 10 business days. Unless you seal the deal with them quickly, the result is hiring weaker performers. This can lead to either a costly mis-hire or a lengthy period of subpar results, the cost of which could be insurmountable. There may be:

Your employer brand is tarnished.

A long, drawn-out hiring process degrades the candidate experience. It could lead to up to two-thirds of applicants disparaging your company on social media – not to mention word of mouth.

Your hiring team makes poor decisions.

Slow hiring may lead to poor decision-making and other negative impact on your recruitment and interview team. The end result is a significant waste of corporate resources and morale.

If slow hiring is keeping you awake at night, it may be time to partner with a staffing firm that knows your industry, your business and the current job market. For your temporary and full-time hiring needs in administration, customer service, IT, finance, legal and healthcare support, production and distribution, take a look at our job portal or contact PrideStaff Fresno today.

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