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Online video platform set to revolutionise recruitment industry

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Video may have killed the radio star but, combined with the Internet, it is a major game-changer for the recruitment industry.  As well as giving recruiters a much deeper perspective on potential candidates, in a shorter time frame, it enhances the candidate’s experience and improves the chances of a better hire.

And supported with some sophisticated technology it allows recruiters to automate the entire process of hiring and onboarding new employees. Sean Fahey, CEO and Founder of Vidcruiter, comments, “With Vidcruiter we haven’t just built a system that allows people to use video in the hiring process, but a fully automated p0 system that can hire people.”

“Geography is no longer an issue when applying for jobs. The best candidate will not lose out just because they are in another part of the country and can’t make an interview in the office of the employer.”

Video is particularly attractive to Gen Y — those young people between 20 and 29. They are avid users of video and expect to be marketed to, taught, entertained, and recruited by video. Video recruitment allows candidates to better manage their job applications and to attend interviews when it’s convenient for them.

“Normally it takes a candidate on average 60 – 120 days after their application. With our solution it takes ten days. They can do the screening interviews at a time that’s most convenient them without have to take time off from their existing job”, says Fahey.

“Geography is no longer an issue when applying for jobs. The best candidate will not lose out just because they are in another part of the country and can’t make an interview in the office of the employer.”

Numerous organisations overseas have adopted this innovative technology and it’s likely to see a major take up here in Australia. Its adoption is being pioneered by companies like Wilson Security.

Automating the recruitment process

When one thinks of all the steps in the hiring process, from the candidate submitting their resume to being shortlist to being given an offer, almost everything can now be handled by a computer. Applicant tracking systems have been use for over a decade, but combined with video allows for extensive automation.

“The last few people who make it as finalists are moved to a calendar where they can select a pre-set time to have the final interview with the recruiter.”

Fahey explains how it works, “The hirer determines what’s necessary for the position and sets up a series of scoring and filtering questions in the system. i.e. Are you over 18? Can you work in this country?  The system removes the resumes that don’t qualify.”

“The system then scores the remaining candidates, with questions like, ‘how many years experience do you have?’.  The candidates that pass through this stage are automatically scheduled for a video interview at their convenience in their own time. These videos are scored with some personality testing, and those who make this cut will then have their references checked and scored.”

“The last few people who make it as finalists are moved to a calendar where they can select a pre-set time to have the final interview with the recruiter.”

Taking the pain and cost out of recruitment

Even a base grade recruitment for a single position can cost a minimum of $3000. Consider advertising, screening, short-listing, skills testing, interviews, reference checks and second interviews – and so on.

Imagine if all those costs and effort could be eliminated. That’s the promise from Vid Recruiter.

“You log onto the system and take a few minutes to specify all your requirements, questions and job descriptions. In two weeks, after a hundred applicants have been screened, a list of three or four finalists drops into your inbox ready to be interviewed’, says Fahey.

Organisations who adopt this solution, according to Fahey, can expect to double or triple their productivity when recruiting.

Organisations who adopt this solution, according to Fahey, can expect to double or triple their productivity when recruiting. This could generate significant cost savings in industries such as BPO, retail, financial services etc, where turnover can be high or the need to expand rapidly means a large number of candidates need to be scanned and vetted in a short period of time.

When one considers that for every 100 people that are screened in the Philippines BPO industry only 3 end up getting hired then this new recruitment methodology is a game changer and it will dramatically change the way BPO companies go about the recruitment process.

Depending on the size of the organisation and the amount of recruitment it undertakes, video recruitment promises to save companies small fortunes.

Vidcruiter, headquartered in New Brunswick, Canada, is a hosted online solution. Fooboo Online is an Australian reseller who will be selling the software into the Australian and Filipino market.

For more information please contact info@foobooonline.com
May 7, 2014
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