TopGear Consultants Pvt Ltd | How One Company Reduced Hiring Delays by 40%

How One Company Reduced Hiring Delays by 40% - TopGear Consultants Pvt Ltd
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How One Company Reduced Hiring Delays by 40%

The Silent Hiring Killer: Delayed Feedback from Line Managers!
Every day a hiring decision is delayed, you lose top talent.

THE PROBLEM

  • Did you know?
    58% of candidates drop
    out because of slow
    hiring processes
  • When managers
    delay feedback, top
    candidates move on
The Real Cost of Delayed Feedback

1. Losing top talent to faster-moving competitors

2. Higher hiring costs due to longer search cycles

3. Damaged employer brand—candidates share bad experiences

4. Increased HR frustration—HRBPs can’t close positions on time.

WHY MANAGERS DELAY FEEDBACK
  • I’m too busy with other priorities
  • I need more time to evaluate
  • I’ll get to it later—HR will remind me
  • We need more options before making a decision
HOW HRBPS CAN FIX IT
  • Set SLAs (Service-Level Agreements) – Define strict timelines for feedback.
  • Use structured feedback forms – Make it quick and easy.
  • Leverage hiring dashboards – Track response time & escalate delays.
  • Create accountability – Show managers the cost of hiring delays.
REAL IMPACT OF FASTER FEEDBACK
  • Hiring TAT improved by 40% in a BFSI firm
  • Offer acceptance rate increased when candidates got faster decisions
  • HR and business teams aligned better, reducing back-and-forth
KEY TAKEAWAYS FOR HRBPS

1

Speed in hiring = Competitive advantage

2

Delayed feedback = Losing top talent

3

Faster hiring = Stronger business growth