When you need summer hires, timing is everything. But lengthy hiring processes lead to higher costs, lower-quality hires and more strain on your existing team. The right partner can deliver the exceptional talent you need this summer — without the wait.
why speed matters in summer hiring
With little time remaining to fill key roles this summer, you know you need a partner who can accelerate the process. But did you know that time-to-fill with Randstad is 57 percent faster than the industry average in finance and accounting and 47 percent faster than the industry average for human resources? That's big news, since many companies are struggling to find talent in today's competitive hiring market.
Of course, it goes without saying that the longer it takes to fill a position, the higher the associated cost-per-hire is likely going to be. But lacking vital talent can do more than just grind business operations to a halt. Indeed, prolonged vacancies also take a slow toll on company morale and culture. Until a replacement is found, a heavier workload gets divvied up among fewer resources, and the risk of attrition tends to climb.
Even worse, there's yet another way that lengthy time-to-fill rates can be indexed — again, negatively — to the value that businesses get from their human capital. That's because studies indicate that top talent are seldom free agents on the job marketplace for a very long time. How long is not very? As little as 10 days. So lengthy time-to-fill rates probably correlate to lower-quality hires. Ouch.
The good news is that Randstad can help. By partnering with us, you'll gain access to our large network of qualified nationwide professionals, and our staffing experts will work with you to identify and secure the talent you need — quickly.
When it comes to filling key roles this summer, you can't afford to be complacent. As the numbers above show, industry averages can't match Randstad for speed. Spring's almost over — so stop waiting and start hiring.
