More and more companies are adopting the trend of using video interviews for HR and recruitment purposes. Recent survey reports that over half of all companies today use some form of video interviewing.
Moreover, 29% of these firms take things a step further and use dedicated video assessment platforms. These assessment platforms have allowed HR professionals and employers such as yourself to go beyond standard conversations.
Video assessment tools represent a cost and time-efficient solution for screening candidates. The platform ensures fair assessments, so the best candidate for the job is selected.
Continue reading to learn more about video interviewing and its vital role in the hiring process.
How Video Assessment Platforms Are Getting Used
We all know how Live interview works where two parties connect over a video call but there is another way companies are hiring and that is through Pre-recorded videos.
A pre-recorded interview is also known as a one way video assessment or an asynchronous video interview. Evalufy is also a one way video assessment tool that simplifies the testing and interviewing of candidates.
With this kind of online interview, the video will show the candidate a set of questions. For every question, the candidate will send their video responses.
The assessment platform will inform you and your hiring team once the candidates send their responses.
Why Is Video Interviewing Getting So Popular?
Video interviewing has become more common in the last few years. Reports have found that 35% of small firms, 52% of medium firms, and 62% of large firms use video interviewing technology. 45% of the firms that are not using this method are considering changing their hiring process now.
This is because video technology has done wonders for the talent acquisition process of every firm.
If you are unsure how implementing video interviewing is beneficial for your assessment process, check out the benefits mentioned below.
Reduces Time to Hire
Among HR professionals who does video interviews, 62% indicate that this method reduces time-to-hire. Whether it is a pre-recorded interview or a real-time interview, you will save a lot of time and energy.
For instance, take a look at Evalufy. It allows you to evaluate multiple interviewee video responses at the same time. You avoid the hassle then of doing long calls or in-person interviews!
When you are looking to hire for a new job opening, you face an overwhelming amount of CVs. You cannot rely on this paper to tell you about the candidate’s attitude and personality. However, if all candidates come for a walk-in interview, the process will take up too much of your valuable time.
Video interviewing comes in handy for the shortlisting stage. It is an opportunity to get to know what the candidate is like before investing more time in them. You can use this for the first round of screening, and those selected will move on to the face-face interview round.
With video interviewing, you can see whether the candidate is up to the company’s expectations. As a result, the quality of the hires also improves due to this detailed yet fast-paced decision-making approach.
Reduces Cost Per Hire
Cost per hire and time to hire go hand-in-hand. By speeding up the hiring process, your company will save time and money.
When a position has remained vacant for too long due to the slow hiring process, the workflow can get disrupted. This can have costly consequences if the job plays a crucial role in the organization’s success.
At least 60% of the HR professionals and employers using video interviewing have said that it reduces the cost per hire. With Evalufy HR professional can send video interviews to bulk candidates allowing hiring managers to quickly evaluate their Reponses. Data shows with tools like Evalufy you can reduce up to 50% of the cost to hire and you will interview more candidates with less cost.
Removes Geographical Constraint
In the earlier years, companies would stick with local hires only. The geographical limitation forced them to miss out on some exceptional candidates. With many employees choosing to work remotely now, you can use video interviewing platforms for reaching a wide range of employees.
84% of the firms using video interviewing indicate that it has helped in canceling out the need for candidates to travel. The right platform will not let time zone conflicts get in the way of you interacting with a larger talent pool.
Video interviews also come in handy when you are traveling and working simultaneously. In such cases, video interviewing provides some relief. Instead of postponing an interview, video assessment platforms allow HR professionals to continue the hiring process from anywhere, on the go.
Where the candidate lives no longer has to be a criterion for hiring someone.
Artificial Intelligence for Video Interviews
Many providers are also looking to incorporate artificial intelligence for video interviews. With Evalufy smart video type question, an AI based technology will help accurately analyze the behavior and facial expressions of the candidates.
With video interviewing, you are conducting your hiring process in a smarter and faster way. It is changing the norm of communication by allowing you to assess candidates in a more visually engaging way.
As an HR professional or employer, you understand the value of investing in recruitment assessment tools. Although adding video interviews to your hiring process may seem like more work, it is actually the opposite.
You get to streamline the hiring workflow while candidates get an easy way to interview on the go!
We hope you enjoyed reading this blog. For any queries feel free to mail us at [email protected]
Data Source Hr.com