Although this research focuses on the Singaporean market, it can relate to every single market.
Very simple advice to anyone hiring is that you NEED to keep up the momentum during the process, otherwise you will lose talent from lack of engagement.
It isn't rocket science, yet it happens over and over again.
Hiring Managers - Have a proper plan in place with set time frames on how you see the process panning out, get commitment from anyone else in the business that is involved and then stick to the plan.
Sure, things crop up, we are all busy... but hiring for your own company to improve business performance should be seen as a priority.
The research, which polled 500 Singaporean jobseekers, found that 74% of candidates have taken a second-choice job offer because their preferred employer took too long to give them an answer. It also found that hiring managers are taking their time to get back to jobseekers. Almost two-thirds, or 64%, of candidates have waited longer than a month to hear back about a role for which they have interviewed, while 37% have waited longer than six weeks, and 26% even over two months