So we have to start at the absolute beginning of this life cycle, getting people in the door.
It sounds simple, but the hiring landscape has essentially become this high-speed obstacle course.
Yeah,
you post
a job and immediately you hit the first of six major hurdles.
Because you're hiring remote now.
Exactly.
Which means your talent pool is the entire planet, but so is your
competition.
It's like trying to find a needle in a global haystack, except every other company in the world is also holding a massive magnet.
That is the perfect way to put it.
And while the needle itself is getting harder to find, too, that represents the second hurdle, which is a genuinely limited talent pool for highly specialized modern skills.
An industry that is devolving significantly faster than traditional education can even keep up with.
Exactly.
And when you finally do locate someone with those new skills, you run face first into hurdles three and four.
Right.
Which are the grueling length of modern hiring processes and the resulting high care that drop off rates.
Let's pause on those drop off rates for a second, because if a highly qualified candidate is actively looking for a job, why are they abandoning the process halfway through?
Well, it's because top-tier talent doesn't actually need your specific job.
They have options.
If your hiring process involves like seven rounds of interviews stretched over two months, they just get scooped up by a competitor who moves faster.
A slow process signals bureaucratic stagnation to the candidate.
Basically, they assume working for you is going to be
just as painfully slow as interviewing for you.
Yeah, that is a really good point.
So we have to start at the absolute beginning of this life cycle, getting people in the door.
It sounds simple, but the hiring landscape has essentially become this high-speed obstacle course.
Yeah,
you post
a job and immediately you hit the first of six major hurdles.
Because you're hiring remote now.
Exactly.
Which means your talent pool is the entire planet, but so is your
competition.
It's like trying to find a needle in a global haystack, except every other company in the world is also holding a massive magnet.
That is the perfect way to put it.
And while the needle itself is getting harder to find, too, that represents the second hurdle, which is a genuinely limited talent pool for highly specialized modern skills.
An industry that is devolving significantly faster than traditional education can even keep up with.
Exactly.
And when you finally do locate someone with those new skills, you run face first into hurdles three and four.
Right.
Which are the grueling length of modern hiring processes and the resulting high care that drop off rates.
Let's pause on those drop off rates for a second, because if a highly qualified candidate is actively looking for a job, why are they abandoning the process halfway through?
Well, it's because top-tier talent doesn't actually need your specific job.
They have options.
If your hiring process involves like seven rounds of interviews stretched over two months, they just get scooped up by a competitor who moves faster.
A slow process signals bureaucratic stagnation to the candidate.
Basically, they assume working for you is going to be
just as painfully slow as interviewing for you.
Yeah, that is a really good point.
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