How you reject candidates matters.
Bad candidate rejection practices can cost you more than a few disgruntled candidates. They can also hurt your employer brand and cost you serious bucks.
According to CareerArc’s survey, 72% of candidates who had a bad experience will tell others about it, either online or in-person.
Considering that 75% of candidates wouldn’t take a job in a company with a bad reputation (even if they were unemployed!), this can seriously affect your chances of hiring top talent.
But that’s not even the worst part of the story!
Did you know that 64% of candidates with a poor candidate experience are less likely to purchase your company’s goods and services? This means you could lose your customers as well!
And this is not just some imaginary treat. Business giant Virgin has calculated the value of their bad candidate experience and was shocked to find that rejected candidates cost Virgin Media $5M annually!
Rejecting candidates is never easy, but it can still be done thoughtfully and respectfully.
Here is how to do it right:
Contact candidates who didn’t make it into the next round of your hiring process ASAP. Deliver the news in a timely manner, preferably within 48 hours after the interview.
Talent Board’s latest Candidate Experience (CandE) Benchmark Research Report has found that the candidate experience improves by 29% if you reject candidates over the phone as opposed to email or text message.
If you can’t call all of your rejected candidates, make sure to:
According to LinkedIn’s research, 94% of candidates want to hear feedback after an interview. Furthermore, rejected candidates are 4x more likely to consider your company for a future opportunity when you offer them constructive feedback.
Ask candidates to give you feedback on your hiring process. This will send the message that you really care about their opinion and are trying to make an effort to provide an excellent candidate experience.
Invite your candidates to:
Do your best to stay connected with your rejected candidates. Who knows, maybe they’ll be a perfect fit for one of your future job openings!