According to CV-Library, the average time-to-hire (advert to offer) an IT professional is around 41 days. In comparison, 27.5 days is the median across all industries, according to Glassdoor. The larger the company, the quicker the recruitment process, and if you use a recruitment agency like Crimson, you are more likely to reduce your time-to-hire and the average cost-to-hire.
CV-Library research also indicates that over 80 percent of recruitment professionals do not recommend application forms; instead, CV’s and quick apply buttons are favoured. Advertising in the right place and the strength of your advert will help you attract more candidates. Advertisements that fail to pinpoint salaries and convey the company culture will not attract as much attention.
Similarly, a lengthy hiring process will also deter candidates. CV-Library state that over 49 percent of candidates believe there should be no more than two stages in the hiring process. A recent poll by Crimson’s Senior Appointments Practice revealed that over 90 percent of applicants for a senior IT role would not expect any more than two to three interviews. CV-Library also found that 71 percent of candidates will turn down a job offer if they have a bad interview experience.
Introducing video screening into the hiring process can drastically improve the candidate's experience and reduce the time-to-hire. Crimson recommends using video after you have shortlisted candidates via their CV and before their face-to-face interview.