As a human resources professional, one of the most frustrating experiences can be the last-minute offer drop. You’ve spent hours, if not days, interviewing and vetting candidates, only to have them turn down the job offer at the last minute. It can be a major setback, not only in terms of time and resources wasted but also in terms of morale and company culture.
But fear not! There are ways to manage and even prevent offer drops. Here are a few tips:
- Communicate clearly and transparently with candidates throughout the hiring process. Make sure they have a good understanding of the role, the company, and the expectations. This will help them make an informed decision and reduce the likelihood of a last-minute change of heart.
- Use a standardized offer letter template and review it with the candidate before sending it. This will ensure that there are no surprises in the fine print and that the candidate knows exactly what they’re signing up for.
- Follow up with the candidate after the offer is accepted. Check-in with them to see if they have any questions or concerns, and provide them with any additional information or resources they may need. This will help build a relationship and establish trust, which can prevent them from backing out at the last minute.
- Be prepared for the possibility of an offer drop. Have a backup plan in place, such as a shortlist of alternative candidates or a contingency offer to another candidate. This will help minimize the impact of a last-minute change of heart.
- If an offer is dropped, debrief with the hiring team to understand why it happened and what can be done differently in the future. This will help prevent similar situations from occurring and improve the overall hiring process.
Of course, offer drops are never ideal, but they are a reality of the hiring process. By being proactive and prepared, HR professionals can manage and even prevent them, ensuring a smoother and more successful hiring experience for both the company and the candidate.
At Joboffers We are building the largest platform for employee credibility which is helping us to build an employee credit report. Our employee credibility score will help organizations take hiring decisions and reduce offer drops.
To know more about Joboffers you can drop us a “hello” at support@joboffers.live and we will be happy to take responsibility for your increased offer-to-hire ratio.
