ABCD of Hiring Right !
In a survey conducted by leading Consulting firms in India it was found that 28-35% of candidates back out of offers at the last minute ! This is a consistent problem found across industries-whether the organization is a startup or an established firm.
So what could be the problem ? The cooling off period from release of an offer letter and the actual joining is very crucial and how HR professionals and companies make use of it to ensure candidate joins the company.Also the overall experience that a candidate(CX) gets while being interviewed also matters. It is important to understand that Recruitment facilitates an important process of attracting a talent to the core value proposition a company provides and many companies (few of them I worked in like Shell actually had a department named Attraction and Recruitment(A&R team).ATS dependent application system which most of the companies follw cannot really replace a value any recruiter provides in actually filtering out the right candidate for the company.Here are few things that can be done/started if not already to ensure Hiring process is completed smoothly without any last minute glitches.
In this VUCA post pandemic World of Work, talent needs to ABCD (Agile, Boundary-less, Collaborative, Dynamic) -this has opened up a whole new spectrum for the companies to redesign their hiring process which suits a more fluid rather than fixed approach of getting only the best talent.If your hiring is right, any gaps in skills can always be filled up with customised Learning and Development programmes.So make sure selected candidate is excited about and align with your business core purpose before they become an employee.
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3 年In those uncertain times, gainfully employed talent became less likely to change employers, so people who had an advantage going into the crisis had an even bigger one. Further, pressure to reduce HR costs made it harder to identify and attract the most talented people. In more complex jobs, this will continue to be true as baby boomers (and their long experience) exit the workforce and technology demands more sophisticated skills. Great share Shilpi Minocha!!