Nearly every recruiting professional believes finding great talent is the hardest part of the job. With a competitive job market and tough candidate sourcing, time to fill weighs on almost every recruiter’s mind.
Although the national average shows time to fill is 36-days, many organizations still take more than a month to fill a single vacancy. In industries where employee turnover is high, or there is above-average growth, this represents a long delay in acquiring urgently needed candidates.
Fortunately, numerous ways can reduce time to fill. Let’s review some ideas that can help you speed up your time to fill.
Use AI in the recruitment process
Artificial intelligence has changed how recruiting teams work. Using AI in recruiting helps search firms save time and money, filling job openings faster at a higher profit margin. AI filters your internal database and external job boards to find candidates that meet the qualification criteria for the role. It also ranks and surfaces candidates in your database and external databases that you may have missed. That widens the pool of qualified candidates right away. This and other automated recruiting tactics have cut time to fill by nearly two days.
Conduct recruitment research properly with Boolean searches
Boolean search is an advanced method of online search. Boolean searches can be applied to search engines like Google, social networks such as LinkedIn, and resume databases and professional directories more effectively. They allow recruiters to find quality candidates and fill job openings faster.
Boost recruiter productivity with project management
Using project management systems in your recruitment process helps you manage your time more effectively. It improves communication and knowledge sharing amongst recruiters on the team, speeds up feedback, and helps pinpoint the most efficient candidate sources for your searches. The transparency from a sound project management system also lets you hold recruiters accountable for what they promised to accomplish. Teams that use one have reduced time to fill roles by nearly 30% compared to recruiters that don’t.