Speed is the hallmark of the digital age. Messages are sent and received instantly, the knowledge of the world is a single click away, and this seven-foot inflatable elephant has free two-day delivery. Admit it- in the era of 4G and fiber-optic internet, you get a small twinge of anxiety when a webpage doesn't load instantly. Why hasn't HR caught up with digital?
“The Information Age (also known as the Computer Age, Digital Age, or New Media Age) is a period in human history characterized by the shift from traditional industry... creating a knowledge-based society surrounded by a high-tech global economy, influencing the service sector to operate in an efficient and convenient way.” - Jeanne Ballantine, "Our Social World"
Now consider that the best talent is off the market in 10 days.
When a company chooses to focus on shortening their hiring time frame, they strategically position themselves in a way that ensures better access to top talent.
A company's people are its most competitive advantage. An organization full of driven, passionate people will always outperform its less inspired peers. The best software developers complete projects in half the time, optimizing outdated code as they go. The best salespeople build long-lasting relationships with customers, ensuring long-term revenue streams. And most of the time, the best know they're the best.
Top talent demands a candidate experience that values their time. They don't want to spend hours creating profiles in your ATS, and they certainly don't want to take two hours of their day to complete a 300 question assessment. Traditional talent acquisition strategies carry the very real risk of this talent dropping out of your recruiting funnel.
In our latest eBook, we take a look at four companies that have done away with tradition and hire in under a week,how they do it, and how your organization can do the same.
These companies come from vastly different industries, and vary greatly in mindset and pedigree:
- Shipt: a burgeoning start-up with a loyal and expanding customer base, valued at over $1 billion, founded in 2014.
- Under Armour: the gold standard for athletic wear with 17 consecutive quarters of 20% revenue growth, founded in 1996.
- Mosaic: a designer of integrated, event-based marketing programs with over 16,000 field staff, founded in 1986.
- Vodafone: the second largest mobile operator group by number of connections, founded in 1991.
Digital age hiring is not an asset exclusive to up-and-coming tech startups, it can be leveraged across industries.