A study from Social Talent highlights that on average, agencies screen 282 potential candidates, and offer 6 open interviews for one candidate to be hired. For candidates, this is the reality of the new job market. There are certain speeds and expectations that have to be met from businesses to prevent new candidates from getting an inappropriate experience for hiring efforts. Any lag behind the hiring process may lead to job seekers to lose interest and hurt the employer brand.
A September 2014 study from Jibe found that a poor application experience discouraged 25% of the 1,000 job seekers from taking on job offers. Many candidates search through multiple systems, so the job hunt experience may cause frequent search frustration and burn-out, and prevents recruiters from delivering results and hiring the right people.
With smart recruiters being the new intermediary for efficient candidate experiences, companies can increase their internal investments in talent communities, CRM, big data, and automated marketing, so that the right job posts may be seen and managed by willing employers. The next few sections focus on getting to that level for a modern business.