Are you afraid to start interviewing candidates?
While there are many stumbling blocks in the hiring process, the most difficult is probably the fear of missing out on the best candidate (FOMO).
As an employer or recruiter, you have experienced the stress that comes with the hiring process. Needless to say, it is anything but smooth. Aside from taking days to create and post the perfect job ad, you also have to come up with the right interview questions to find the perfect candidate.
On the other hand, making that best choice is not easy. You need to dig through a number of applications and read countless cover letters to come up with a shortlist of candidates for an interview.
But that's not the end of the hiring process. You still need to make sure the interviews are a success.
Catch the drift?
In other words, finding a qualified candidate who will be a perfect fit for the team is no easy task. While there are many stumbling blocks in the hiring process, the most difficult is probably the fear of missing out on the best candidate (FOMO).
How does FOMO affect the hiring process?
At one point or another, you may have wondered if you made the right hiring decision. When you post a job opening at your company, you attach a "deadline" to it because you feel that a single day is not enough time to attract the best candidates.
So you leave the position open for a week or two because you don't want to miss out on the most qualified candidates. You tell yourself that the time period you're offering is enough to attract candidates with the right skills. With this mindset, you may not be making the best hiring decision.
If this is your thought process, here's how your company may be suffering from FOMO:
Missing out on highly talented candidates
If you're still debating whether or not to make a hiring decision, your top talent will be looking elsewhere for opportunities. According to an article by Forbes, qualified professionals aren't always willing to wait because many other companies are asking for their expertise.
If you don't get to a hiring decision quickly, then they will most likely look elsewhere.
Holding off on filling the vacant position longer than you expected
Your stalling techniques may not allow you to fill your vacant position. Remember, if it takes a long time to fill the position, your organization is not working to its full potential.
The sooner you make a hiring decision, the sooner your organization can get started on the important tasks at hand.
For example, if you need to hire an accountant but take more than a month to do so because you are concerned that a new employee will not be able to fulfill your company's mission and vision, then your company will operate without an accountant for that period of time.
This means that the workflow will not be as efficient as it should be. So your fear will make you the loser of the situation.
Negative experience for the candidate and for your company as a whole.
When you delay a hiring decision but don't give a specific reason for your hesitation, you leave candidates with a negative image of your company.
After all, if candidates have been shortlisted for an interview, they already consider themselves suitable for the job. If you string them along for weeks without providing a reasonable explanation, then candidates may not even want to apply for a future open position. Thus, you are missing out on good talent.
Ultimately, you don't want to rush your hiring process, but you should rely on your knowledge to make the best hiring decision.
So why are you afraid to start the interview process?
Even though the open positions in your company are stacking up, you may be hesitant to make a hire. So why are you afraid? Here are a few reasons that may sound familiar:
It's not uncommon for employers or hiring managers to feel unsure about the hiring process. While change can be good, you don't necessarily know how a new employee will fit into your existing team.
According to a study by Harvard Business Review, your approach to hiring may be all wrong. You'll never know if you're meeting the right candidates until you try. With the right hiring knowledge, you're sure to get over that hump.
You're risk averse
Because of the pandemic recession, you may be nervous about hiring a new employee. You may think that if you bring a new employee on board and the economy goes into another recession, you'll have to let them go.
As a result, you may be on the fence about your hiring decision. However, it is important that you are prepared to adapt to changing circumstances.
Granted, it is important to be careful in the hiring process. Therefore, you need to tailor your search process to your company's needs so that the fear of missing out is replaced with reassurance.
You're all about current business strategies
In the past, companies chose to improve their strategies and profits by hiring numerous new people. But that is no longer the case today.
In the current climate, employers are taking their time in deciding whether they need a new employee or not. This is because they are trying to balance the number of employees they have against the technology they use in their daily operations.
If you understand your business needs, then you will know exactly when you need to hire a new employee. That takes the fear out of the process.
Interview tips that will take the fear out of missing out on something
Knowing that you need to fill a vacancy can be both scary and exciting. Scary because you may feel like you haven't found the best candidate for the job.
But most of the time, that's just FOMO. Deep down, you know you need that extra pair of hands. So it's time to take charge of the interview process. Here are tips that will help you get over the fear of missing out:
Write the perfect job description
A job description isn't just about saying there's a job opening at your company. Without the right job description, you're sure to miss out on the right candidates. Don't be in a hurry when writing your description. After all, you want to attract the most qualified candidate to your company.
Therefore, the job description should be tailored to that. Understand your wants and needs first and list them accordingly. Go through the description to make sure you haven't left anything out. This way, you set the right expectations for both you and the candidate.
Understand the process
Understanding the hiring process is key to making the right hiring decision. Develop your skills so you can ask the right interview questions. If you've never interviewed before, try to familiarize yourself with the process before the actual day arrives.
You should be able to leave the interview room feeling satisfied that you have received satisfactory answers to your questions. This will make you feel like you didn't miss anything, and equally give you the confidence to make a hiring decision.
Have a probationary period
A probationary period, also known as a trial-hire, gives you as an employer the opportunity to assess an applicant's skills to know if they will fit into your company culture. This automatically takes away the fear of hiring someone who may not meet your expectations in the long run.
It is best to use this time so that you can assess your employee's development.
Always keep track of their progress and create an environment where you both feel comfortable to learn and interact. This way, you can solidify your hiring decision. Ideally, set goals and objectives for the trial hire to see how you can adapt and achieve the goals you are aiming for.
How to. These tips will help you say goodbye to anxiety. Overall, make sure you are prepared so you know what to expect ahead of time. Be flexible in adapting your business needs and move on... Hire!
The bottom line.
Hiring a new employee is scary for most people, especially if your previous hiring attempts were an epic fail. But it doesn't have to be scary for you. Conduct your interviews based on intelligence, values, character, and beliefs, and you'll find the best person for the job.
There's no reason to delay the inevitable because you won't miss out. If you know what to do, the fear will disappear.