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Hiring the perfect candidate is the goal, but we all know this doesn’t always happen. Even if your organization has the best intentions, hiring can be a difficult and time consuming process. You may have a candidate pool that lacks depth; you could find the perfect candidate only to lose them to a competitor; you could hire someone only to find out they are not the fit you thought they were, and it can cost your organization a lot of money.
Recently, Officevibe put together an infographic outlining some very interesting recruiting statistics about the hiring process, company branding, and candidate experience – each one offering some interesting insight into the evolution of the recruiting process and how you can improve as an organization to get the inside edge over competitors who are looking to hire the same talent in your industry.
The hiring process has become more time consuming, complex and costly:
The takeaway: Hiring is an investment. The more prepared you are to hire, the quicker you will be able to lock in a top candidate, putting less stress on your organization to cover unfilled positions.
Company branding plays a bigger role in recruiting than most realize:
The takeaway: Branding matters in the recruitment process. A strong brand can help you not only recruit top candidates, but keep your current employees long term.
A candidate’s experience with your brand has an impact on the hiring process:
The takeaway: Make the hiring process as simple and efficient as possible. You can attract more people and get more out of them once they are hired.
To help with the ever-changing recruitment process, many companies are investing in recruiting firms to aid with their hiring process. Our Toronto headhunters can help you find the ideal candidate for your organization.
Learn more recruiting tips by check out these insight blog posts:
IQ PARTNERS is an Executive Search & Recruitment firm in Toronto. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Financial Services & Insurance, Marketing Communications & Media, Emerging Tech & Telecom, Consumer Goods & Retail, B2B & Industrial, Technology, Accounting & Finance, HR & Operations and Mining & Engineering. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.
Bruce co-founded IQ PARTNERS in 2001 and currently operates as Managing Partner. His personal background includes hands-on management experience in sales, marketing and marketing services. He has built management teams for a wide variety of marketing, communications, media and technology companies. He has also participated in several M&A transactions for service-based companies and is frequently called upon as a resource in the planning and negotiation of such deals.