Interviews in person and virtual always have been crucial for finding the right fit for a job position and the process is cumbersome and overwhelming. This crucial yet tedious process has captured the interest of the market and it lead to the growth of interview as a service platform in Bangalore.
The following are 10 interview statistics that reveal important numbers related to the interviewing process.
1. On an average 2–3 interview rounds required before choosing a candidate (Career Sidekick):
The average employer typically finds the ideal candidate that fits the role in less than 10 candidates for one vacancy, and the average number of interviews per vacancy is 2–3. However this number deviates for more sought after niche skills and high performing industries. Technical interview as a service by the interview experts in Bangalore provides a platform to the companies to outsource their hiring process.
2. Pandemic made 86% of recruiters to conduct virtual interviews (Gartner):
Before the pandemic 79% of first-round interviews were conducted in person or via phone. The pandemic forced companies to rethink hiring plans and modify their interview processes. Experts now predict that virtual interviewing will be the norm of the future.
3. In-person interviews last 45–90 minutes (Indeed, Job Description Library):
Apart from the average interview length, an interesting fact is that before the pandemic, 94% of final interviews were conducted in-person, which has now dropped to 17%.
4. Almost a month from initial interview to offer rollout (Indeed):
The average interview process length is usually determined by the urgency for filing a position. Moreover, the number varies by industry and country.
5. The average time-to-hire across industries is 3–4 weeks (Yello):
The majority of recruiters and candidates expect a conversion within the last two weeks of the notice period. However, the recruitment process isn’t that fast and involves many documentation and approvals, etc. Depending on the industry, over 40% of recruiters spend more than two weeks on the interview process, and only 25% of them said they hired someone in two weeks or less.
6. Scheduling an interview with one candidate takes between 30 minutes and five hours (Yello):
Job interview statistics show that the main challenge is finding a convenient time that works for candidate, interviewer and hiring manager. According to 67% of recruiters, scheduling an interview with a potential candidate takes between 30 minutes and two hours.
Moreover, more than 50% of companies have a dedicated person responsible for managing interview schedules. In addition, more than 50% of recruiters use interview scheduling software, whereas less than 50% use emails, phone calls, employee calendars, etc. The interview outsourcing companies in Bangalore handles the interview scheduling by the experts in Bangalore, thereby reducing the burden of their clients.
7. Interview process takes about two-thirds of the hiring time (Yello):
The interview is the most time-consuming process during the hiring phase. 59% of those who use interview scheduling software report reducing the average interview time by 2 to 10 hours a week.
8. Rapid increase in behavioural interview questions to assess soft skills by 75% of employers (LinkedIn):
Most of the bigger firms use behavioural interview questions like the STAR (Situation, Task, Action, and Result) framework to ascertain the candidates’ ability to work under specific circumstances. Moreover they rely on body language and other behavioural traits.
9. Increasing usage of work assignments as an effective interview technique (LinkedIn):
More than 80% of respondents consider this technique effective, but only 32% of recruiters use it to assess whether a candidate is a good fit for the job role. Work assignments require a candidate to complete a task as if they were hired thereby making it clear if they can perform in reality.
10. Having a positive interview experience makes candidates 38% more likely to accept a job offer (IBM):
Recruiters who focus on improving the candidate experience have better odds of finding the ideal candidate and growing the company’s team. Data shows that 54% of candidates with positive interview experience are ready to accept the offer, while only 39% of candidates with negative interview experience will accept the job offer
Interview continues to be the most crucial and engaging topic in the complete hiring process and every recruiter who intends to solve this pressing problem needs to focus on optimizing its cost, time and effort. This pressing problem has captured the attention thereby leading to the emergence of technical interview as a service by interview experts in Bangalore.