The HR mistake that's costing HK companies

Hong Kong jobseekers are turning down jobs with their preferred employer because of one big issue

The HR mistake that's costing HK companies

Hong Kong jobseekers are forced to turn down their dream job due to employers’ long and complex recruitment processes, according to research by Robert Half.

According to the study of 500 Hong Kong jobseekers, more than seven in 10 (72%) of candidates have taken a second-choice job offer because their preferred employer took too long to give them an answer.

More than half (54%) of candidates have waited longer than a month to hear back about a role for which they have interviewed, while 27% have waited longer than six weeks – and 21% even over two months. Merely 6% got feedback on the same day.

This contrasts sharply with candidates’ expectations of the hiring process. The overall majority (88%) believe it is reasonable to wait up to one month – from initial application to getting a final offer.

Only 12% think it’s acceptable to wait for over a month.

“Hong Kong companies are in a fierce war for talent and are competing to find the right skills and talent. To take their business forward, employers cannot afford to alienate potential workers with long drawn-out hiring processes,” said Adam Johnston, managing director at Robert Half Hong Kong.

“High-calibre jobseekers know they are in demand, so the fact that so many of Hong Kong’s jobseekers are turning down their dream job because they’ve been left waiting for so long is concerning.

“The process of narrowing down candidates during the hiring process can be time-consuming. However, if hiring mangers fail to adapt their recruitment process to the expectations of today’s candidates, they will increase the risk of losing out on the best talent on the market.”

Johnston suggested businesses conduct an in-depth review and streamline their entire interview process from initial outreach to final job offer to not lose out on top talent.

 

Related stories:
More turning to HR tech to solve talent woes
How can HR improve the candidate experience?

 

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