5 Ways Video Interviews Simplify Rapid Growth Hiring

5 Ways Video Interviews Simplify Rapid Growth HiringAs a talent acquisition pro, youre the key to your companys success. And if youre in marketing, counseling or therapy, finance, or any of ansicht other predicted booming industries, the pressure is on to grow rapidly.Of course, a higher demand on talent acquisition typically means a greater strain on your hiring budget. The great news is, the new year presents your team with replenished funds. However, many hiring pros say their budgets just arent cutting it. In fact, of hiring pros who responded in our How to Make the Most of Your Hiring Budget report with budgets between $1,000 to $5,000, only 34% say their cost per hire is actually less than $1,000.If you can relate to these limitations on your hiring strategy, its crucial your team invests in tools and resources with only the best ROI. One of the tools with the best ROI from those we surveyed is video interviewing. Here are five ways adding video interviews to your hiring proces s simplifies rapid growth hiring without overextending your teamImproves interview scheduling efficiencyThe interview scheduling process is time-consuming and often complicated because you must align multiple schedules. The complexity of this process increases as the number of potential candidates and open roles rise.Unfortunately, with candidates in control of the market, you have no time to waste scheduling interviews and quickly moving the process forward. This is especially important during periods of rapid growth because you have exponentially mora schedules to coordinate in less time.While you cannot create more time, video interviews, fit into virtually anyones schedule. First, one-way video interviews allow your team to invite talent to submit their interview responses at any time that works for the candidate. Second interview scheduling tools allow candidates to schedule live video interviews or in-person interviews.Either way, theyre in control of putting themselves con veniently on your teams schedule. Better yet, scheduling to meet in-person can be reserved for later in the hiring process with only top-qualifying candidates.Interview scheduling is often a tangled, time-consuming aggravated mess. You deserve more. talentacquisition.Click To TweetReduces early candidate screening timeExtensive early candidate screening extends the hiring process, making it more complicated and expensive for your team while creating longer (and riskier) wait times for candidates. Video interviews can cut early screening times down to as little as 15 minutes.Early screening isnt the only beginning interview step that takes tons of time. Video interviews eliminate the need to adjust schedules due to issues with travel or candidates needing time off work. Additionally, they assure youre effectively assessing all areas of fit for candidates who transition through this period of rapid growth.Standardizes the interview evaluation processIts no secret candidates have incr eased expectations. They want to feel theyre evaluated fairly and measured consistently against all competition. Without a structured interview process, ensuring candidates theyre being evaluated fairly is nearly impossible.Video interviews enable you to simplify the structure of your interview process even further. Your hiring team can create questions for each open role and all candidates interviewing for those roles respond to the saatkorn questions.This drastically reduces confusion and bias when reviewing and assessing candidates because all decision-makers review the exact same interviews and then rate each candidate against standardized evaluation criteria.Structured interviewprocesses reassure candidates theyre being evaluated fairly.Click To TweetSimplifies communication with candidatesYou have limited opportunities to communicate with job candidates during the hiring process. Limiting yourself on those connections leaves you susceptible to damaging the candidate experience . In fact, 81% of job seekers say employers communicating continuous status updates would greatly improve their overall experience, according to a recent CareerBuilder survey.Of course, frequent communication is ideal and you want to have a positive candidate experience. However, when youre hiring during a period of rapid growth, this feat is daunting and unrealistic. In reality, you could spend every hour of your work week just communicating with candidates.Personalized video messages are pre-recorded and branded to your company. A quick 30-second video check-in straight from you to the candidate feels more personal than a canned email update. While candidates receive a custom update, youre streamlining the process by only hitting record once.Streamlines team collaboration and decision-makingYoull need more team members than ever as you commit to rapid growth. Hiring a greater number of employees means your team has the potential to burn out faster. Unfortunately, adding more peopl e to your decision-making team makes collaboration more challenging.Video interviews allow for an all-hands-on-deck approach without the complication of coordinating schedules. Instead, you share video links with everyone whose opinion is needed during each stage of the hiring process. Video interview collaboration also allows you to see who has reviewed and provided feedback. If theres a hangup in the process, youll know exactly where it is and what to address.