The Talent race is on! It's no longer a market for workers. Employers are now at the mercy of thinking their workers, workers have a major part in the hiring / recruiting process, and they know that. In general, the boss will do more schmoozing to win over the candidate than vice versa.

Whether it was a rival bid that beat yours or not, there are a variety of reasons why applicants reject job offers. Below are the ones we see the most frequently, and what you can do to make them say yes!

1. Compensation and benefits

Perhaps it was a lucrative bid that beat you out of the gate, or maybe it was because you wouldn't be going on your wage budget and the candidate couldn't beat your offer down. High-quality talent is costing you money! Starting someone off at a low wage realizing you'll eventually increase it by $5k is like constructing a mud base. Make an offer which they will accept! Negotiations often carry odd complications and destroy the relationship between employer and employee.

2. Cultural fit

When colleagues conduct a job search or interview, we tell them that the interview is about you interviewing the company and people as much as it is about you interviewing them. When you know this isn't the best place or suited for you, confide in your heart.

They are more concerned with the corporate world than with other groups. As the company's chief, it's your responsibility to ensure you have the climate and community people want to work in. They work with you to help you make your dreams come true. So take the time to think about what kind of a place people want to work in and then do what they can to make it like in their company!

3. Online reviews

Before we buy almost anything online, we look at the reviews. Candidates now do that with jobs. There are also a few places out there that allow you to review employers, just as you would check out Yelp's restaurants and services. Glassdoor and Indeed provide workplace reviews in which current and former workers have insider details about what it is like working in your company. Scary, huh? Oh, it is not meant to be!

4. Took too long

If you've been waiting for a long time to get in contact with candidates, or if the whole process is spreading much further than it should have, it's super frustrating! It's easy to get in touch with them because they're at your mercy for your work, right? Incorrect. If you employ for too long they will lose momentum and interest in your business. And else they are going to take up a job somewhere.

5. Commuting has become a bigger factor

The price of gas is soaring and it seems like there is no end in sight. For this reason, commuting has become an even bigger factor in a candidate’s decision-making. Talent tends to flock to the city if you’re located outside a city, it’s not as desirable and can be less appealing to have to commute to the suburbs or move out there for the job.

Conclusion

In the end, our work shows that the way job interviews are organized and performed greatly affects the ability of businesses to retain and hire talent. Interviews are an essential platform where top talent is inspired. When employers today compete for talent in a generation's most competitive job market, employers investing in a high-quality and demanding interview environment would be rewarded with an advantage over the competition.