While I'd never argue its a "good" thing to have a slower pipeline, in the past when I had pipelines with timing similar to this companies, it didn't have extreme negative impacts on the success of the pipeline.

I don't know why that was, but my suspicion was that our highest qualified leads were those coming from candidates that were "happy enough" at their current positions to not be frantically searching.

As long as we seemed like a good place to work, and we did a good job of communicating why back logs were happening, we didn't lose many of the candidates we were most excited about.