Fast recruiters have the edge as hiring times double in four years

Fast recruiters have the edge as hiring times double in four years

UK hiring times have doubled from 14 days in 2010 to 28.6 days in 2014, a fresh study from Glassdoor Economic Research reveals.

Toby Conibear is the European Business Development Director at Bond International Software. He says that recruitment agencies that don’t pick up their speed risk falling behind the competition.

Conibear, speaking exclusively to Recruitment Grapevine, said: “Our experience with the UK recruitment market is that it is very aggressive. It is a very fast moving industry.

“The way that most resourcing teams work with recruiters is to have a first come first served basis.

“The firm that was first to supply [a successful] candidate will get the fee.”

Conibear suggests that social networks such as LinkedIn and online job boards have made it easier for agencies to find loads of potential candidates.

He says: “So they are getting access to that and are submitting the same kind of records. So that need of reviewing and getting that information out quickly is really, really important.

“That shouldn’t be on the expense of quality. The last thing that agencies should be doing is just sending out as many CVs as they possibly can. Obviously, that would devalue their proposition with the resourcing team.

“If they are sending any inappropriate data, they are going to end up being knocked off what we call a preferred suppliers list or ruining their relationship.”

The Glassdoor research is based upon 344,250 interview reviews in six countries. The study found that that there are large international differences in hiring times.

The average overall job interview process takes 22.9 days in the U.S. Hiring times in France, Germany and the United Kingdom are on average four to nine days longer than in the United States and Canada.

The research suggests that hiring times have become longer as the process has become more complex. More employers include background checks, skills tests and drug tests in the process which extends the hiring times.

Doctor Andrew Chamberlain is the chief economist at Glassdoor.

He says: "Right now hiring delays can represent money left on the table both for workers and employers. There has been surprisingly little research on ‘interview durations’ from the job seeker’s perspective, and how company HR policies influence delays in job matching throughout the economy.

“This Glassdoor Research report helps fill this gap by providing new insights about the time required for job matching from the individual job seeker’s perspective.”

Comments (1)

  • Toby Conibear
    Toby Conibear
    Tue, 7 Jul 2015 12:07pm BST

    Andy, thanks for your comment. Perhaps I can elaborate on the points I was hoping to make. It is not just about making sure hiring times are reduced; it is all about sourcing the perfect candidate for the role and having a blend of the right search tools from a CRM and candidate sourcing software that enables your recruiters to do that and make matches faster. This way the human element, which is of equal if not more importance in the Year of the Candidate, comes to the forefront. Of course you need the human touch when placing candidates in their ideal roles, but technology has come a long way to helping recruiters take advantage of the opportunities out in the industry. No one can deny the role technology has played in securing a placement of a candidate or to source a gem of a candidate who perfectly matches an available role.

  • Andy WHite
    Andy WHite
    Fri, 26 Jun 2015 1:47pm BST
    This kind of approach in my opinion exacerbates one of the core issues - by working in a 'first past the post' manner quality by default will suffer - to suggest that the answer is for Recruiters to speed this up even further is quite frankly ludicrous - if more people in the industry focused on the purpose not the money then maybe customers, be they candidates or clients (who are not commodities) would get treated appropriately

You are currently previewing this article.

This is the last preview available to you for the next 30 days.

To access more news, features, columns and opinions every day, create a free myGrapevine account.