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Recruiting teams that face hiring initiatives with large pools of candidates can experience severe strain. The endeavor to screen hundreds of candidates and interview the most likely applicants can easily overwhelm traditional recruiting methods, especially for small teams.
That is why many recruiters have turned to interview software solutions to keep up with the demands of their profession. For example, asynchronous interviewing has exploded over the last 10 years. Whereas only 10% of the top companies had shifted towards the asynchronous interview in 2012, LinkedIn says that it is used by 70% of recruiters today.
As a result of the COVID-19 pandemic, software solutions advanced rapidly as companies moved to digitize as much of their workflows as possible. That included the entire hiring process. Now, these digital solutions continue to benefit recruiters today. Roughly 81% of professionals agree that remote solutions, such as virtual interviews, are here to stay post-pandemic.
These solutions include automated phone screenings. As the name suggests, automated phone screenings streamline the screening process for automated phone interviews. An automated phone screening is a virtual phone interview where each applicant listens to pre-recorded questions and records their answers. Automated phone interviews provide candidates flexibility in the interview process by allowing them to respond to the interview at a time of their convenience. As for the recruiter, they no longer do they need to spend half an hour to two hours per candidate to schedule an interview time.
As such, both the candidate and recruiter save a meaningful amount of time in the interview process. Recruiters are also able to screen candidates faster than ever before with a virtual interview.
The benefits of on-demand interviews make them stand head and shoulders over traditional interviewing methods. On-demand interviews allow recruiters to offer a flexible interview option to their candidates, decrease the time-to-hire, mitigate bias, improve recruitment metrics, and present an adaptive solution in an age of hybrid work environments.
Qualifi’s on-demand interviews allow you to shortlist candidates faster. Rather than spending 30 minutes on every candidate, you can screen applicants in 3-5 minutes by listening to their interview recording like a playlist. Not only does this build equity into your hiring process for candidates, but it reduces time spent on unqualified candidates.
This speeds up the time-to-hire remarkably. Which is essential in the modern labor market. Many candidates can’t afford to wait for a job offer. According to Robert Half, 57% of candidates lose interest in a job if the hiring process takes too long. Reducing screening time gives you the best chance of acquiring the most qualified talent available today.
What’s more, speeding up the hiring process offers notable cost savings. It takes recruiters an average of 36 to 42 days to fill the average position. According to Zippia, each day a position remains vacant employers loose $98, costing up to an average of $4,129 to fill a position.
All the while, on-demand interviews offer a better candidate experience by building flexibility and expediency for candidates in your hiring process.
So, what about automated video interviews? How do they measure up to the on-demand phone interview? To answer that, let’s look at some key aspects.
In terms of mitigating bias, on-demand video interviews fall short of phone interviews. Although the visual aspect of a video interview gives candidates a chance to make a good visual impression, it can also allow recruiters’ unconscious biases to cloud their judgment. Removing the visual aspect of the interview is proven to mitigate bias and subconscious discrimination.
Video interviews also lack the same accessibility of the phone interview. The video interview requires the candidate to have access to a camera of some form, the quality of which can vary. That’s not even to mention they require a professional or neutral environment that may be less accessible for everyone to achieve equally.
In terms of candidate screening and review speed, to no one’s surprise, the video interview loses to audio. Qualifi empowers recruiters to gather interviews, filter answers according to relevant keywords, and listen to the interviews like a playlist while multitasking. Video interviews, on the other hand require a manual review with a recruiter’s full attention.
If you’re noticing a trend here, you’re right. Although both methods of on-demand interview provide human connection and consistency, video falls short in every other way. Make on-demand audio interviews your go-to interview solution for the best results.
As we’ve discussed before, candidate experience is vital to an effective hiring process. The recruiting team is a candidate’s first experience working and interacting with their future employer. If they find the process unpleasant, it will affect their expectations of the company and may cause them to decline an offer. Roughly 58% of job seekers surveyed reported declining an offer due to poor candidate experience. So, what can you do to make the applicant’s journey a pleasant one?
Partnering with Qualifi is an excellent way to upgrade the candidate experience in your hiring process. Qualifi helps recruiters remove candidate resistance at every point in the screening process. The on-demand interview means candidates no longer have to find a time that works with the recruiter’s schedule nor worry about lighting or appearance for a video call. Instead, candidates can respond 24/7 to structured interviews designed to be fair and equitable for every candidate. This flexibility gives candidates control over the interview process while still saving recruiters time and strain.
When it comes to high-volume hiring, you need to be able to handle hundreds of applications every single day. It takes a strategic approach, adequate preparation, and the right tools.
Unlike the average job posting that receives maybe 50 applicants, high-volume hiring takes that number upwards to 250 applicants or more. Many of which are unqualified. This surge of applicants forces recruiting teams to shift through all the duds in the resume pile to get the most qualified candidates. However, that can take time, and time is not on the side of the recruiters.
That’s why recruiters need efficient tools to streamline the screening process quickly without losing qualified candidates in the process. Qualifi’s screening feature utilizes machine learning quickly mark candidates using keywords appearing in the interview. This allows recruiters to start with the most likely candidates.
Once again, time-to-hire plays a critical role in high-volume hiring. Processing so many applicants manually can easily bog down even the most experienced recruiting team. And in the process, you lose out on the top candidates that may well take an offer elsewhere before you even reach them.
Don’t miss out on the best talent the labor market has to offer. Implement automated phone screening today to improve your time-to-hire, ROI, candidate experience, and make yourself ready for high-volume hiring.
Schedule a demo of Qualifi to see what Qualifi can do for your team and your business.
