Hiring is one of the most time-costly, resource-exhausting activities involved in company growth. We've somehow reached a point where one of the most essential aspects of a business is also one of the least efficient. But of course, like most problems, they come with solutions. Read below for four wasteful practices in hiring, and how CLLCTVE's creator search technology is solving for them.
LinkedIn, Angel List, Indeed, Fiverr, even Instagram and Twitter, the list of platforms to search for job candidates goes on and on - and they're all filled with endless candidates who are rarely a perfect match for your opportunity. Not only does this take time away from profitable tasks, but it can become incredibly expensive to posts jobs through multiple platform.
On average, companies spend around $300 just to post a single open position, with zero guarantee of receiving a qualified match.
When job posts receive hundreds of applications, it can take weeks to scroll through every submitted resume and cover letter - most of which likely won't be a fit for the role you're filling. This wastes the time of your employees and makes productive scalability feel nearly impossible.
Glassdoor and TheLadders reported that the average corporate job posting receives over 250 resumes, leading the recruiter to take only six seconds to review each, and schedule a total of four to six interviews. Involved in this is a kitchen sink full of unconscious bias, minimal understanding of the candidates one is hiring and a much higher likelihood of unsuccessful hires.
When applications do not lend themselves to show you who your applicants are and what they're capable of, hiring processes require multiple rounds of interviews and extensive questioning. Not only does this waste your time and keep you from more productive tasks, it does the same for your applicants.
The Society for Human Resources Management reports that it takes an average of 42 days to make a hire. This can both significantly slow down the growth of early-stage companies, and make evolution and innovation within larger corporations much more challenging.
Bad hires have nothing to do with the talent or intelligence of your hires - simply their fit for your role and company. Senior managers reported losing an average of four months of productivity due to a bad hire: 10 weeks to realize the mistake and let the person go, and six weeks to find a replacement.
They can be avoided by gaining a 360° understanding of who your hire is, their workstyle and their personal values and goals before you even interview them.
All of these issues can be solved for by having one environment to search for creators, view matches' full portfolios (including skills, experience, past project examples), and connect with them directly at an affordable price.
CLLCTVE is the portfolio platform matching brands and creators for paid opportunities. Whether it be for a week-long freelance gig or Full Time position, our interactive technology allows companies to offload hiring tasks while remaining secure that they'll receive candidates who fit the needs of the position and the culture of the company.
If you're ready to start searching for your creator matches, take a look at our tiered subscription plans to get started.
