6 Reasons You Lost Candidates In the Hiring Process
November 23, 2023
What drives away talent through the hiring process? Whilst the chronic candidate shortage has eased slightly, we’re still in a tight employment market where job seekers have plenty of choice. In this competitive space, employers need to have smart recruitment strategies in place to successfully attract high-quality talent. These are the most common mistakes employers make that can cause candidates to go elsewhere.
- Failing to act swiftly
Time is of the essence, especially in a competitive job market. Candidates often have multiple offers on the table, and a slow hiring process can be a deal-breaker. If the competition is moving swiftly, providing a clear timeline from application to offer, it’s likely to sway candidates in their direction. Our recommendation for employers is to streamline their hiring process. This includes prompt feedback, efficient scheduling of interviews, and a transparent communication channel. - Not offering remote work options or flexibility
Remote work has become a desirable option for many professionals. Offering the option to work remotely or a hybrid model (for jobs where it is feasible), can give employers a significant advantage over the competition. By crafting workplace policies that allow for flexibility and a healthy work-life balance, employers can position themselves as attractive and desirable places to work. - Below-par salary and benefits
In a market where talent is at a premium, compensation is a crucial factor. If the competitor is offering a more competitive salary or an attractive benefits package, it can be a significant pull. Employers need to align their compensation and benefits with industry standards to remain competitive. Seeking data-driven insights and salary benchmarks can be instrumental in making competitive offers. - Poor Communication
Trust is a two-way street. If a candidate perceives that the competition communicates more transparently and honestly about the role, expectations, and company direction, it can be a decisive factor. Job seekers value openness and clarity throughout the hiring process. - Not showcasing company culture
One crucial aspect that often tilts the scales is company culture. Candidates are not just seeking a job; they are looking for an environment where they can thrive. If the competitor showcases a vibrant and inclusive culture, with employee testimonials and a transparent look into daily operations, it looks like an appealing prospect. Employers can showcase their unique culture through social media, job ads, employee spotlights, and engaging content on their career pages.
By recognizing the changing expectations of job seekers and addressing their needs, smart businesses can position themselves as attractive and desirable workplaces and succeed in the hiring stakes.
— Jane Carey, CEO at Edge Recruitment
Through addressing factors such as the speed of the hiring process, competitive compensation and communication, employers can enhance their recruitment strategies. In doing so, they not only attract top talent but also retain a competitive edge in the ongoing fight for skilled professionals.
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The end of the financial year is a busy time across South Australia’s property and real estate industry — not just for accountants and agencies reviewing the books, but also for professionals reassessing their career direction. Whether you’re in sales, property management, leasing, or support, July often marks a fresh start . And if you've been considering a career move, there are some compelling reasons why right now might be the best time to take action . 1. New Budgets Mean New Hires At the start of a new financial year, most property and real estate businesses reset their annual budgets. That means: New headcount is approved Growth targets are locked in Teams that were stretched thin during the past year are finally given the green light to hire For job seekers, this creates a surge in demand for talent — particularly for roles in sales, business development, and property management where revenue growth is key. Agencies are also more likely to invest in onboarding, training, and marketing new staff now, rather than mid-year or during the Christmas slowdown. 2. Performance Reviews Are a Catalyst for Change EOFY is traditionally when many employees receive formal performance reviews and commission payouts. While positive reviews can lead to promotions or salary increases, for others, this period can shine a spotlight on: Unmet expectations Lack of progression opportunities Underappreciation or under-compensation If you’ve walked away from your review feeling deflated, that’s a clear sign it may be time to explore new opportunities — particularly if your current role no longer aligns with your long-term goals. 3. The Spring Property Market Is Coming — Get In Early We all know that spring is one of the busiest times of year for the property market, and smart candidates position themselves well in advance. If you start your job search in July: You have time to transition into a new role You can complete onboarding and training You’ll be ready to hit the ground running when market activity spikes in September Waiting until spring often means you’ll be competing with more candidates for fewer roles, with less lead-in time to settle into your new environment. 4. Candidate Supply Is Still Tight — Leverage That Advantage Across South Australia, we’re still seeing a shortage of experienced candidates in many parts of the property and real estate industry. Sales agents, property managers, and leasing consultants with proven track records are in high demand — and employers are increasingly willing to offer: Competitive salary and commission structures Flexible working arrangements Stronger professional development pathways If you’ve got the experience and drive, now is the time to negotiate from a position of strength. 5. Clarity and Momentum Matter There’s something about July that naturally invites people to reset. The first half of the year is behind you, and there’s still time to make big career moves before the year is out. Whether you’ve outgrown your current role, want to break into a new segment of the industry, or are just feeling burnt out — making a change now can give you the clarity and momentum you need. HOT TIP: Don’t Wait for “The Perfect Time” Many people stay in roles longer than they should because they’re waiting for the “right moment.” But as with most facets of the property and real estate industry — timing is everything . With budgets resetting, hiring activity on the rise, and the spring market just around the corner, EOFY is the window of opportunity you’ve been waiting for. Ready to Make Your Move? Edge Recruitment specialises in connecting property and real estate professionals with the right roles across South Australia. Whether you're actively job hunting or just want to explore what’s out there, our team is here to help. Get in touch for a confidential chat — your next role could be just around the corner.
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