the world of staffing, we have a term that we use called Cycle Time. Cycle time
ID: 420972 • Letter: T
Question
the world of staffing, we have a term that we use called Cycle Time. Cycle time is the amount of time it takes to hire a given candidate. Cycle time can range from 2 weeks to 90 days depending on the organization and type of position. Sometimes the cycle time can be even longer.
So here we are at the point of making a final hiring decision. What are all of the considerations that we need to review in order to make the final decision as to who will get the job offer? What should we do if we end up with two final candidates who are essentially equal in all of our measures?
Explanation / Answer
The considerations that we need to review in order to make the final decision as to who will get the job are:
If there are two people who are equal in each and every parameter then the decision is to negotiate with both by reducing the compensation expectation and offer to on call the reduced compensation, whoever is ready at a lower cost to company should be hired, if they are still the same, then offer could be made to any one.
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