5 Tips to Decrease Hiring Time and Cost

Tim Myers
FoxDen
Published in
2 min readAug 17, 2016

Decreasing hiring time and cost is the goal of every recruiter. It’s expensive to hire. Not only does it take people, but it may take research and lots and lots of communication. There’s internal communication to ensure you’re getting the right candidate. And then there’s external communication to ensure you’re using the right channels.

Here are a few ideas to decrease hiring time and cost.

1. Get your employees involved.

Getting your employees involved is all about employee referrals. According to ERE Recruiting Intelligence, employees offer the best quality candidates. Not only do they have a vested interest in getting friends work, they typically want to work with qualified friends … the people who are highly qualified.

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Those candidates are also more likely to be highly satisfied, increasing productivity and customer service.

Many programs offer employees money and prizes for good candidates. Usually those costs are lower than asking resources to find candidates.

2. Get technology involved.

Scheduling an in-person interview takes a lot of time. Usually there’s some cost from airfare to parking, some or all of which your company will reimburse. But when you see the candidate, it’s not quite the same as how they appear on the phone or on paper.

Why not use the same technology your use to talk with friends and relatives — video conferencing. Beyond just Skype and Google Hangouts, video conferencing has greatly improved. The quality for products like FoxDen is crystal clear and without lags or drops.

3. Go social.

You’ll cast a wide net, but using social media a is a great way to get candidates who are already interested in your company. LinkedIn is a place where many professionals are getting ideas and tips, as well as following companies. Why not go to your highly interested people first? Twitter, Facebook and more all have advantages, but if you need to start somewhere — use LinkedIn.

4. Get involved in communities.

Just about every profession has meetings and online communities. Seek them out and get involved. For example, if your business hires a lot of engineers, maybe join a few engineering communities. Need recommendations? Ask your engineers. They’ll know local chapters and may also be able to be your representative at the next shindig.

5. Contract to hire.

Businesses use contractors and agencies to offset costs as well as provide expertise. Maybe start there. Hire an agency to do the work for you with the idea if the contractor works out, you’d like to hire them. Placement services find those hires lucrative especially if they receive a signing bonus and you’ll already know the quality of the candidate you’re hiring.

What are some of your favorites?

Do you have any recruiting tips that you think everyone could benefit from? Let us know!

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Tim Myers
FoxDen
Editor for

Product Manager for @foxdenio — Say hello @muudboard