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April 12, 2022 
6 min read
There’s a new race to attract top talent. Job seekers have more power than ever to choose their employer so TA teams need to work smarter to stand out. But what do candidates actually expect from your hiring process and is it worth the investment?
According to a 2021 study, 58% of job seekers declined a job offer due to poor experience. That’s over half your candidates, recruiter’s time, and budget washed down the drain. On the flip side, 80% of candidates surveyed said a positive experience influenced their decision to accept an offer.
What impact could this have on your bottom line? Talent Board’s Candidate Experience Resentment Calculator can help you estimate the potential revenue lost from job seekers that take their business elsewhere due to a bad experience.
In a highly-competitive talent market, your team needs every advantage possible to secure top talent. These statistics will help you understand how to align your hiring process with candidate expectations so you can fill open roles with the right talent, fast.
Transformation requires people, process and technology. Learn how an ATS can improve your candidate experience.
It’s not always about the money. Candidates want to know what it’s like to work for your company and align your mission to their personal values. Interactions with recruiters and employees, company culture, and your commitment to DEI can all play a factor in their decision to accept your offer.
Most candidates want a quick, frictionless process like they experience with their favorite consumer brands. Talent leaders should test their hiring process firsthand to identify areas where accessibility, automation, and personalization can be included.
In this candidate-driven market, job seekers can afford to be selective. If they don’t know where they stand in your hiring process, or feel you’re not that interested, they will likely spend more of their effort pursuing other job opportunities. The solution here is simple: communicate, communicate, communicate.
Candidates expect a great experience from their very first touchpoint to their first day on the job. Leverage an onboarding portal that makes it easy for candidates to complete required tasks and prepare for their first day.
To meet candidate expectations, you need the right people, process, and technology. Learn how an applicant tracking system can improve your candidate experience.
