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Recruitment Jujitsu: Taking control of candidate drop offs
Companies spend $4,000 on average for each candidate that goes through the recruitment process. When candidates drop off the process, all those resources and funding go to waste; mitigating candidate attrition is therefore something hugely important to companies.
Our data shows that more candidates are actually choosing to drop off the recruitment process, instead of being screened out by companies. This “regrettable attrition” in the talent pipeline can fatally slow down talent acquisition, and hinder growth. While it is virtually impossible to ensure that candidates do not drop off, companies can do more to control & tighten their processes such that hiring the best candidate is possible without disenfranchising other top tier talents.
In this article, we take a deep dive into why candidates drop out, and see what startups can do about it.
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