Let’s admit it. The trend of no-show candidates, after accepting an offer is on the rise. Hiring heads are restless, while the recruitment cycle repeats itself. And paradoxically, candidates are willing to invest their time, attend several rounds of interviews, even accept offers, but don’t show up on the joining date.
In fact, recent research indicates that the joining ratio after accepting an offer is less than 50%. It is time we understand how to improve joining ratios, in an overarching attempt. Failed hiring leaves us with loss of time and cost, which in turn hampers project deadlines due to that missing candidate. And this also extends into nullified recruitment targets which get reversed back to square one.
High time we get Candidates to accept the offer and join, as agreed upon.
So, we did our own research. We analysed, got a hybrid view with our own expertise, data from our signature Renege analysis and from our post offer engagement services. And this is our take.
Here are the 8 ways to improve the candidate joining ratios.