As a recruiter, the chances are that you spend a fair amount of time interviewing many candidates for a job. But what happens when you settle on the perfect candidate, offer them a job, but they end up rejecting a job offer?
Rejection can be disappointing. But more than that, you might feel like you wasted your investment of time, money, and even energy in your recruitment process.
If you feel like you keep losing out on great job candidates, and want to stop it, fret not. This article gives insight into the reasons your job candidates might be refusing your offer. It also offers workable solutions recruiters can implement in their recruitment to eliminate job offer rejections.
Job Interview Statistics:
- A research done by Glassdoor shows that candidates reject 17.3 percent of job offers.
- In 2016, Gallup’s survey result showed that 87% of Millennials say career growth is an important deciding factor to accepting a job offer.
- Up to 50% of millennials can leave their current company for a 20% salary raise.
- In 2014,collegefeed studies showed that almost 80% of people need to work in a company that’s a culture fit.
Five reasons why candidates are rejecting your job offers.
The Hiring Process Is Too Long:
A 2017 study showed that 45% of candidates reject offers because of a lengthy hiring process. Most companies(especially big companies) drag out their recruitment process, making the process tedious for most job applicants.
Although many factors could prolong a company’s recruitment process, hiring a recruitment agency helps speed up the process.
Another way to make a recruitment process less cumbersome is to offer remote interview options. This way, candidates don’t have to travel frequently for an interview. For example, a paper writing service reviews like Best Writers Online offers remote interviews to candidates from all parts of the world. This ensures that their recruitment process is faster and stress-free for candidates.
Company Culture Doesn’t Fit:
Some candidates might go through your whole job recruitment process and still not take the job. Most times, it’s just not the right fit. Deloitte Human Capital Trends carried out a study highlighting the rise of the social enterprise.
What this means is that how companies engage with their employees matters. In fact, the overall culture of a company matters more and more to job candidates. You might be losing out on promising job candidates because you don’t have the right company culture. You can fix this by;
- Work on creating a great environment in your company where employees work well together.
- People who work in your company should feel like they are a significant part of something larger.
- Try to avoid internal conflict in your company. But if there is conflict, ensure a system set in place to handle it effectively.
- Ensure your company offers opportunities for work/life balance.
- Then, when interviewing job candidates, make sure you highlight your company’s culture.
The Salary Is Too Small:
Another reason job candidates could be rejecting a job offer is because of the salary you are offering.
Payment is essential to many working professionals. Some tie their self-worth to the amount of money they receive for their job. It is no surprise that a lot of job candidates feel like they deserve a high salary.
While it isn’t feasible to give candidates all the salary amount they request, your company must offer a competitive salary. You can ensure this by;
- Carrying out market research to see what your competitors are offering for similar roles.
- Getting the market value for any position you are hiring.
- Measure the skills candidates could bring to the role and the worth of said skills.
- Make sure there are benefits attached to the role and not just monthly remunerations.
- Adding workplace perks to make candidates feel more at home is also a good idea.
They Weren’t Interested Enough:
Some candidates aren’t invested in your company or the role, or you were a backup. It could also be that you didn’t sell your company properly to them.
Whatever the case, you can build interest by highlighting the benefits of working in your company and having an appealing work environment.
However, you should know that some candidates are just not interested in the job position, and that’s okay.
No Career Growth Opportunities:
Growth is important; career growth even more so. I have turned down my fair share of job offers because there was no opportunity for growth.
Show your candidates that there is an opportunity for them to grow in your company. You can do this by;
- Asking interview questions that show the possible career path for employees in that role.
- Letting candidates know how the company plans to support them in their career journey.
Conclude by summarizing everything you have talked about and adding a call to action at the end.
While it is almost impossible to achieve a 100% success rate in your recruitment process, this article touches on ways you can work towards it.
Start today by following the steps highlighted in our solutions section, so your hiring process can become more successful.