We hear from our clients that they “hope the candidate takes the job.” Hiring a candidate shouldn’t be a guessing game. After you interview a candidate thoroughly, and spend a great deal of time and money getting them through the process, you should not have to worry about “landing them.” Donald Trump was quoted as supporting paying full price for something important to you. Many deals, both in business and in personal situations, are lost over $5,000-10,000. $5,000 to $10,000 broken down over time is a small amount. Imagine losing your dream house over $5,000. That’s roughly $14 per month. That’s a tough loss. Again, if there is something you must have, pay full price and don’t let it slip away. We recruited for a Tier One software company where many of the candidates were also being entertained by a Big 5 consulting firm. My client was the software company and almost always we would get the candidate (even though the compensation was less and the company name wasn’t as prestigious; it was because the software company did a better job of recruiting).
Here was their typical interview process...
I have almost a 100% acceptance rate from candidates. Often times it isn’t the best money or the best opportunity they had been offered. It was the high quality interviewing process. Considering the time and effort by the people in the company and the additional expenses of travel, companies can’t afford to lose the right candidate.
Hiring is like any relationship:The more you put into it, the more you get out of it.