Biggest reason companies lose their top candidate when it comes to hiring? Is it money, is it culture, is it competition?
Surprise - timing is everything!
When it comes to hiring talent, the timing and cadence of the search is the biggest controlleable factor to ensure a successful outcome. Companies must find a way to move candidates through the process quickly and efficiently with expectations made clear throughout. We hire from passive talent. These are leaders already busy with their own challenges and succeeding within their current organizations. When you pull their focus away from that and aim it towards new horizons, three things rise to the surface:
Candidate Status: They are NO LONGER PASSIVE - once word gets out that they are taking calls, they will be getting far more opportunities and will want to consider what is out in the market before making a final decision.
Comparison: They immediately start comparing their recruiting experience with you to what they have experienced with other companies. If your experience doesn't exceed their expectations, they will find other hiring teams who will.
Confidentiality: Discretion and confidentiality becomes more critical for several reasons. You owe it to your candidate to keep things confidential and protect their privacy so their decisions remain within their control. Once their current company suspects they may be looking , top performers will suddenly receive promotions or their HR group will be preparing a lucrative counter offer and a candidate who was originally looking for something better may find it in their own backyard.
Timing and cadence are the only way to minimize the impact of these risks. Our skilled, experienced practice directors make sure the timeline is created to benefit both the client and the candidate. We establish the expectation and create the communication required to keep things moving towards succcess.