Transforming Talent Acquisition with Live Virtual Interviews Whos

  • Slides: 14
Download presentation
Transforming Talent Acquisition with Live Virtual Interviews

Transforming Talent Acquisition with Live Virtual Interviews

Who’s Using It?

Who’s Using It?

The Old Way (Current? ) • Traditional screening process: Resume Phone Screen In-person Interviews

The Old Way (Current? ) • Traditional screening process: Resume Phone Screen In-person Interviews • Your search may include a quality candidate from outside the local area, which presents the option to either fly him/her in to interview sight unseen or use video conferencing to meet face-to-face • Traditional video conference options are typically expensive, inconvenient, and still require travel “In tough economic times, the travel costs that result from flying in multiple candidates for interviews is a highly visible expense, especially when you consider that a majority of the people brought in will not result in a hire. For companies that recruit nationally or internationally, travel-related expenses can easily account for 50% of all recruiting costs. ” - Dr. John Sullivan, HR Industry Thought-Leader, San Francisco State University

A Better Mousetrap Paradigm Shift • Web-based solution has transformed the very nature of

A Better Mousetrap Paradigm Shift • Web-based solution has transformed the very nature of faceto-face interviews and offers significant cost savings, convenience, flexibility, and an entirely new level of client/candidate experience • While live virtual interviews are not meant to replace the final in-person interview, it is a powerful new tool that allows institutions to quickly and effectively screen potential candidates anywhere in the world “The recruiting technology likely to have the most impact if it continues to catch on at the current rate is interviewing candidates ‘live’ from remote locations. ” - Dr. John Sullivan, HR Industry Thought-Leader, San Francisco State University

Interview Cost Comparison Interview Method Description Average Cost Estimate (Per Interview) In-person Interview Includes

Interview Cost Comparison Interview Method Description Average Cost Estimate (Per Interview) In-person Interview Includes round-trip domestic airfare, lodging, rental car or taxi, meals, and other misc. expenses $1, 000 - $2, 500 Traditional Video Conference (ex: Fed. Ex Kinko’s) – 1 hour Includes travel to/from closest facility by one or both parties $250 - $750 Green. Job. Interview. com Live Virtual Interview – 1 hour No travel or software downloads required. 24/7 support includes webcam shipping, personalized system check, and 1 -to-1 training. $69 - $200

It’s Working – CHK Cost Savings Month Live Virtual Interviews In-person interview (avg. cost

It’s Working – CHK Cost Savings Month Live Virtual Interviews In-person interview (avg. cost $1, 000) Jan. 2011 35 $35, 000 $2, 610 $32, 390 Feb. 2011 20 $20, 000 $1, 650 $18, 350 March 2011 24 $24, 000 $1, 850 $22, 150 April 2011 36 $36, 000 $2, 696 $33, 304 May 2011 38 $38, 000 $2, 840 $35, 160 June 2011 35 $35, 000 $3, 155 $31, 845 July 2011 53 $53, 000 $4, 800 $48, 200 Aug. 2011 78 $78, 000 $5, 800 $75, 200 Sept. 2011 70 $70, 000 $5, 500 $64, 500 Total 389 $389, 000 $30, 901 $358, 099 Total Savings

It’s Working – Walmart Cost Savings Total annualized savings: $2 Million + Average 217

It’s Working – Walmart Cost Savings Total annualized savings: $2 Million + Average 217 live virtual interviews per month Month Live Virtual Interviews In-person interview (avg. cost $1, 200) Jan. 2011 182 $218, 400 $21, 157. 29 $197, 242. 71 Feb. 2011 182 $218, 400 $19, 634. 73 $198. 765. 27 March 2011 186 $223, 200 $20, 328. 13 $202. 871. 87 April 2011 237 $284, 400 $25, 980. 17 $258, 418. 83 May 2011 291 $349, 200 $30, 235. 82 $318. 964. 18 June 2011 249 $298, 000 $23, 871 $274. 129. 00 July 2011 168 $201, 600 $17, 439 $184. 161. 00 Aug. 2011 237 $284, 400 $23, 592. 31 $260, 807. 69 Total 1732 $2, 077, 600 $416, 068. 45 $1, 895, 360. 55 Total Savings

Benefits – Expected & Unexpected Save Time and Money Reduces Time-to-Hire Increases Candidate Pool

Benefits – Expected & Unexpected Save Time and Money Reduces Time-to-Hire Increases Candidate Pool Improves Candidate Experience Advances Employment Brand Reduce Environmental Impact

Carbon Savings – Walmart Green. Job. Interview Saves 628 kg of CO 2 per

Carbon Savings – Walmart Green. Job. Interview Saves 628 kg of CO 2 per Interview Average of 156 Interviews per Month = 315 cars off the road for 1 year

It’s Working - Pepsi. Co Time Savings In-person Interviews: • Administrative and On-Site Interview

It’s Working - Pepsi. Co Time Savings In-person Interviews: • Administrative and On-Site Interview Time: Minimum time spent per candidate = 14 hours Live Virtual Interviews: • Administrative and Live Virtual Interview Time: Average time spent per candidate = 1. 5 hours Minimum Time Savings Per Candidate = 12. 5 hours

Feedback from Company Representatives & Candidates Trudy Knoepke-Campbell, CTCA: “Our Hiring Managers really love

Feedback from Company Representatives & Candidates Trudy Knoepke-Campbell, CTCA: “Our Hiring Managers really love the tool. I value Green. Job. Interview. com’s support the most. ” Marc Branca, Amway: “The implementation was seamless and overnight for our global needs. The candidate experience has been rich and rewarding. We are making decisions xxxxxmore quickly and our air travel has been deeply reduced. ” Mike Duke, Walmart “Everyone at Walmart should be using this service” Candidate, Myra Bartalos: “I was having trouble getting set up during the call. Technical Support was on-line and resolved the problem. Best customer service I have ever worked with. I also had another Green. Job. Interview and it was flawless” Candidate, Ken Plunk: “Rubie, thank you for your assistance in helping me with the ‘Tech xxxx. Check’ relative to the webcam interview with Walmart. You made me feel very x xx comfortable and I appreciated your help!”

How Does It Work? Recruiter or Scheduler enters interview information in our easy to

How Does It Work? Recruiter or Scheduler enters interview information in our easy to use On-Line Scheduler Interview link and details are emailed to the Candidate and Interview Team Webcams are shipped (if needed) Our Customer Support Team conducts Tech Checks with Candidate and Interview Team Day of the Interview: Candidate and Interview Team selects their interview link at the time of the interview and conducts their live virtual interview Can be fully integrated with your Applicant Tracking Software (Taleo, Kenexa and others)

Why Not Just Video Chat? It’s about creating a better experience Ease of Use

Why Not Just Video Chat? It’s about creating a better experience Ease of Use Security Branding Capability Service, Service “Tech Check” http: //www. youtube. com/watch? v=Fc. N 08 Tg 3 PWw&feature=related

Contacts Greg Rokos, President 714 -444 -5500 x 203 grokos@greenjobinterview. com Sue Weir, Director

Contacts Greg Rokos, President 714 -444 -5500 x 203 grokos@greenjobinterview. com Sue Weir, Director Client Success 714 -444 -5500 x 215 sweir@greenjobinterview. com 3050 Pullman Avenue, Costa Mesa, Ca 92626