As we mentioned in the previous article, video interviewing has not always been as popular amongst HR departments as it is now. There are plenty of benefits that companies, both large and small can reap from using video interviews. Even recent research suggests that the video interviewing strategy is effective as well as efficient. Despite this, around 55% of companies have never tried using video interviews during their hiring process according to a research study conducted by Onrec. Those who do, use traditional online video conferencing or Skype. There is so much more to video interviewing than just that. Sophisticated software have been developed over the years to make video interviewing more efficient. Here are some of the reasons why you should switch to video interviewing if you haven’t already:
It’s Cost-Efficient
About 4% of the businesses interviewed by Foosle think that video interviewing is expensive. On the contrary, it’s not. It is in fact cheaper than conventional interviewing methods. It’s a much more cost-efficient solution for both applicants who can save over 67% on transportation cost and the company. In the long run, the company can also save valuable resources and money by hiring the right person using a low-cost method like video interviewing.
It’s Time-Efficient
The more conventional interviewing process which is still widely used amongst large companies can take over a month and half and cost the company over $1,300 per employee that they hire. That is a lot of money and time wasted for a single hire. The time and money spent on video interviewing is less than half of that and is unarguably more effective in hiring the right person. Video interviewing also allows companies, particularly big companies, to interview a larger pool of applicants in a small time frame.
It Simplifies the Process
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At Urban Associates, we believe that video interviewing will allow anyone to hire glocally in a more effective and efficient manner thus helping organizations save time, cost, efforts and environment. We are proud for being the Middle East’s first startup offering video interview solutions as well as web’s first such platform supporting Arabic language. The author is open for inquiries relating to various applications of video interview techniques.
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