A video interviewing platform will not only help recruiters save time while keeping everything organized, but it also has a positive return on investment, or ROI, proving the system is well worth the purchase.
From this, businesses and individuals are able to determine the value of their purchase. You’ll be able to see the positive ROI of video interviewing when evaluating factors such as time, cost, and the quality of your hires.
Recruiters often experience a wide range of expenses throughout the hiring process. Those costs add up to have a significant impact on spending. There are regularly occurring expenses nearly all recruiters find video interviewing helps them with, seeing this return on investment occur. These expenses include:
With tight deadlines, time is always valuable in the world of recruiting. It’s a factor that can sometimes be an issue when we are dedicated to doing our jobs carefully to make sure we are making the right decisions about our candidates. The 2017 SHRM Talent Benchmarking Report suggested the average amount of time taken to fill a position in 2016 was 36 days, valuable time that can become costly to company productivity levels. That is why it can be frustrating when we are faced with unnecessary difficulties in our day-to-day work that slows down the process, with a wide range which includes:
The goal of a recruiter is to find a high-quality candidate they can rely on. Unfortunately, this is not always easy and when not achieved, can have costly results that create difficulties. These difficulties include but are certainly not limited to:
Video interviews are becoming one of the most popular tools used by recruiters today, helping to solve a number of problems with advanced technology. Before using online interviewing, however, recruiters should be well aware of the features and aspects of the specific product they are purchasing. Learn more about VidCruiter’s two different video interviewing platform or visit one of the links below.