The war for talent has CEOs betting on talent for increase in revenue. Companies are constantly searching for better, faster, and more efficient methods to evaluate candidates and make the best hires.
This blog explains why we at Vesume stand true to bringing the “human” back in human resources while making an automated one-way interview platform. Ironic isn’t it?
In the past, competitive compensation was enough to attract top talent. However, with HR trends in remote work becoming significantly mainstream, work-life balance (61%) is top of mind, according to Gallup.
We believe virtual hiring should be as flexible as remote work. Asynchronous interviews bring that flexibility to virtual hiring. So the candidates can take the interview in their own time and place.
Hiring managers can do better than spending time scheduling, rescheduling, unscheduling interviews that might not even lead to a hire.
There are a lot of promising solutions for HR technology facilitating Automated Video Interviews (AVIs), but not all platforms are created equal.
We didn’t want to make just another HR tool for one-way video interviews in the market- we wanted to fulfill what the current AVI tools are missing. Here’s how we’re different.
What Sets Vesume Apart?
We tackle the stigma around Automated Video Interviews in HR.
1. An immersive candidate experience
While asynchronous interviews offer flexibility and efficiency, they can sometimes be viewed with skepticism by candidates. The lack of human interaction sometimes feels like just being pushed into the assembly line. Candidates are at the heart of everything we do. The AVI interface is very immersive. Every element, from navigation to attempting the questions, has been optimized to ensure candidates feel valued and understood.
Round-The-Clock Support: Recognizing the uncertainties that candidates might face, we offer 'live' candidate support 24/7.
2. Collaboration Above All
Our platform allows hiring managers to collaborate on the interview evaluation process with a simple, easy-to-navigate interface.
Evaluating candidates is not a one man’s job, so all hiring managers, and other team members, can weigh in and offer their insights.
Instead of siloed feedback, Vesume encourages a holistic, team-based approach. This collaborative method ensures a broader perspective, reducing biases and leading to more informed hiring decisions.
3. Vesume Intro: Building Bridges Before Interviews
Why wait for the interview to start building rapport?
Vesume intro allows recruiters and companies to establish a personal connection right from the get-go.
By sending a personalized video introduction during the initial job application process, you can offer candidates a glimpse into your company culture and values even before the formal interview process begins.
The Gaps we’ve identified
The Shortcomings of Traditional Hiring Processes
There's a worrying trend where potential hires are turning down job offers. According to Forbes this is mostly due to:
1) lack of/delayed communication, 2) little transparency in selection criteria and 3) time taken for interviews.
Recruitment needs to be thoughtful and not done just for the sake of it - that’s what helps in attracting and retaining talent. Hiring managers need to be strategic about who they hire and how they hire.
The future of HR work demands flexibility and the freedom to choose. In this war for talent many companies are adopting a people-first approach. According to a 2022 Gallup report, 38% of fully remote workers would prefer a hybrid work option, with 53% expecting this arrangement, while 24% expect to remain fully remote.
A Slack survey found that only 12% of workers intend to return to the office full-time.
The evolving job market requires that employers adapt their hiring processes to align with candidate expectations and lifestyle preferences. This trend towards flexibility is not only about how employees work but also how they are recruited. One-way interviews can help mitigate some of the common frustrations in the hiring process, such as scheduling conflicts and the long delays in feedback. Granting this freedom reflects a company’s adaptability and respect for individual work styles, setting the stage for a more dynamic and accommodating workplace culture.
Gig-economy is the future
The traditional notion of full-time employment has been challenged by the arrival of independent consultants.
This mode of working gives professionals the ability to work on short-term contracts, with more control and predictability over the type of work, compensation and growth.
For companies that are looking to gain access to top talent while reducing costs and risks, a gig-based workforce is an attractive proposition. This is especially true as more companies are becoming aware of their need for greater agility.
The short-term contracts of the gig economy call for frequent new hires. Putting people first from the get go requires giving them the freedom of time.
Interviews don't need scheduling
Companies with a global workforce in completely different time zones cannot do so with scheduling an agreeable time for the hiring manager and the interviewee. Then rescheduling when the candidate isn't available.
Asynchronous interviews are being designed and adopted by various platforms. Vesume is more than just a platform; it's a vision for how hiring is to happen.
We've seen platforms solely working on efficiency or technology. We want to prioritize the human experience, ensuring that what we build is technology that serves to enhance HR’s work, not replace human interactions.
Just as remote work is the future of work. Asynchronous interviews play an important role in the future of hiring so we've set out to mitigate the stigma and better technology around them. And we'll keep at it!