A recent study by Robert Half says that interviewees find waiting to hear back from a company is the most frustrating part. If they haven’t heard back in a week or two, they’ll move on to other companies. While we are in a talent crisis, can companies afford to lose quality talent because they didn’t follow up?
Timing is everything, the saying goes, and for firms trying to hire, it could make the difference between securing the candidate and losing out. For almost six in ten workers (57%) in a Robert Half survey, the most frustrating part of the job search is the long wait after an interview to hear if they got the job. Nearly one-quarter (23%) lose interest in the firm if they don’t hear back within 1 week after the initial interview, and another 46% lose interest if there’s no status update within 1 to 2 weeks after the interview.
Job offers can and should be offered within an hour or so after the first or second interview.
There is no need to wait until everyone is interviewed.
There are many factors to consider when hiring talent but first we need to define talent unless “hiring talent” means “hiring employees.” Everyone wants to hire for talent but if we can’t answer the five questions below with specificity, we can’t hire for talent nor manage talent effectively.
1. How do you define talent?
2. How do you measure talent?
3. How do you know a candidate’s talent?
4. How do you know what talent is required for each job?
5. How do you match a candidate’s talent to the talent demanded by the job?
Employers need to assess for:
– Cultural Match (Cultural Fit)
– Skills Match (Job Competence)
– Job Talent (Job Match)
Some employers assess for all three.
Potential is identified during the Job Match evaluation.