Friday, May 15, 2020
Why Your Candidates Are Turning Down Your Job Offers
Why Your Candidates Are Turning Down Your Job Offers When it comes to hiring talent, some employers have all the luck. Or, do they? Recent data reveals how some hiring decisions can affect the number of quality candidates you recruit.Photo Credit- Lifed.comIf youâre struggling to find the right candidates, you might need to change your hiring process. Find out why candidates turn down your job offers to see how you could improve.Why candidates are rejecting job offersevalA recent report reveals information about why candidates are turning down job offers. Recruitment software company Top Echelon surveyed its customer base of over 5,000 recruiters to find the recruiting industry trends behind these rejections.The three most common reasons candidates gave for turning down job offers include:evalThe salary was too low for the position The return on investing in top talent is often worth the extra payroll expense. Before approaching a candidate with an offer, research how much you should pay them. Look at online resources such as the Bur eau of Labor Statistics and find out what similar businesses in your area pay.2. Other offers are betterThe Top Echelon report reflects a candidatesâ market. Many employers are looking for skilled workers, but there are not enough candidates. And, job seekers in some industries often receive multiple offers in a candidate-driven market.Candidates turn down job offers because they receive a better one elsewhere A large part of convincing a candidate to accept a job offer is your company culture. The way you and your employees interact has a big role in recruiting. Think about the beliefs and behaviors seen at your company, and consider the following factors:Employee initiativeDo you welcome new ideas and allow employees to take risks? Or, is your business by-the-book? Tell candidates whether the job calls for innovation or more structure.Work scheduleHow much control do employees have over their schedules? Let candidates know if you offer flexible hours or allow employees to work f rom home.Employee engagementTell candidates about how current employees interact with each other. How often do you encourage teamwork at your business? You might host events and holiday parties for your employees.Training and onboardingHow rigorous is your onboarding program? Some positions require more training and supervision than others. Before a candidate accepts an offer, walk them through the steps they will take once hired. Also, go over opportunities for growth within your company.Values and missionThe purpose of your business should be present when recruiting candidates. Applicants want to know what your company stands for and if their own values match. Show how your brand is reflected in the company culture.Company culture makes your offer more attractive because candidates want to work for a business that has similar beliefs, ethics, and attitudes. When a candidate connects with a business, they are more likely to accept that offer over another.3. Hiring Managers take too long to make OffersThe final reason candidates turn down jobs is that employers are taking too long to make offers Hiring a new employee is a big investment, so you should carefully screen and select candidates. But, donât be afraid to make the call when you find the right candidate.Hesitating to hire skilled candidates doesnât sit well with job seekers. Candidates met with radio silence feel theyâre being strung along and undervalued. If you drag your feet during recruitment, youâre more likely to lose talent.Keep the lines of communication open throughout the hiring process. Promptly contact candidates for interviews, follow-ups, and offers. Answer questions and inquiries about open positions. If youâve decided not to hire a candidate, let them know. RecapThe Top Echelon State of the Industry Report revealed three common reasons candidates turn down job offers. The responses included the salary being too low for the position, receiving better offers from other companies , and the hiring managers taking too long to make an offer.evalAs a hiring manager, you need to adjust your strategy in order to appeal to candidates. Offer a competitive salary, provide an excellent company culture, and be timely when communicating with candidates. A favorable candidate experience in recruitment often leads to acquiring top talent.
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