Shortlisted job candidates who pull out of the hiring process are hurting company productivity, according to a survey by global talent solutions company, Hudson.
Twenty three per cent of the respondents withdrew from the recruitment process, while about a quarter were willing to reject job offers after they had signed on the dotted line.
Hudson said in its report, Salary & Employment Insights 2013, that employers described candidate withdrawal as costly and frustrating, as the extended vacancy adversely affects the productivity and morale of the existing team.
Six in 10 employers expect candidates to withdraw at some stage in the recruitment process.
About 27 per cent said this happened between the application and first interview.
A bigger concern is that 43 per cent of those surveyed experienced cases when a candidate withdrew after an offer had been made.
Choosen excerpts by Job Market Monitor from
via Job candidates pulling out of hiring process disruptive: report – Channel NewsAsia.
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