An interviewing platform plays a crucial role in improving the quality
of hire. Here is a dream scenario- hiring managers have successfully hired a
team of qualified individuals where all the team members seamlessly fit into
their roles and are performing their best to ensure the company’s growth. Yet,
this goal often feels next to impossible because of the number of pitfalls and challenges in the recruitment landscape.
Luckily, we are here to
help you learn about the 7 effective strategies to help you improve the quality
of hires in your organization. We will also discuss the role of interview services in assisting
companies recruit the right people for the right job! These strategies will
help you eliminate the endless cycle of hiring and firing, prevent costly
hiring mistakes and boost productivity and team morale.
So, let us begin.
What Does Quality of Hire Mean to Employers?
Quality of hire is an
indicator that defines the overall effectiveness of the hiring process and the
value a new employee brings to a company. It involves evaluating how well a new
employee satisfies or exceeds the expectations and requirements of their
position, adds to the company’s progress and fits into the company culture.
Measuring and enhancing
the value a new employee brings to an organization can help recruiting teams
avoid the high costs of a bad hire and attract the best talent in the
competitive job market and boost employee engagement.
Evaluating candidates
properly is a tricky process, but with the help of the best interviewing platform, you can make it
easy. Before we discuss this further, let us first move ahead in the blog and
discuss why the quality of hire matters.
Why
is hiring quality candidates important for businesses?
Hiring the right people
makes all the difference and quality is better than quantity in the hiring
process. Therefore, hiring candidates with the right skills and experience is a
must. Here are some ways in which hiring
quality employees can benefit an organization:
Enhanced
Employee Engagement
A recent study found that
employees who are energetic, engaged and excited about their jobs are 31% more
likely to stay in their company and contribute 15% more than their colleagues.
That means hiring the
right people can bring positivity and motivation to a team as they can better
adjust to the company’s work culture. Moreover, when individuals are motivated,
they perform better in their work, radiate excitement in the workplace and meet
deadlines consistently.
Reduced
Turnover Costs
According to a report, it costs $4,425 to hire a new employee. If you make a bad hire, chances are you might lose a lot of money. But
all this money will be worth it if you hire a good candidate.
Moreover, hiring
quality people who fit well within the company’s culture and role requirements
reduces employee turnover rates, resulting in higher job satisfaction. It leads
to relatively decreased costs with hiring, onboarding and training new
employees repeatedly.
Improved
Productivity
Organizations with
highly motivated and engaged employees are 17% more productive than
their co-workers. It means quality candidates tend to be more efficient and
productive, and they will give a leg up in the talent acquisition process.
That is because top
talent is highly skilled and ambitious and they will prefer working with people
of similar caliber.
5
Strategies to Improve the Quality of Hire in Recruitment
Sometimes, companies
spend so much to onboard new employees but still, they end up hiring people who
do not possess the necessary skills needed for their roles. A bad hire not only
affects the company’s finances but also hinders the overall growth of the company.
Sounds rough, right?
The question here is, how can recruiters hire quality candidates for their
company? Here is how:
●
Use technical interview
as a service platform or interview
services to streamline the hiring process.
●
Ensure seamless
collaboration with the hiring team members by aligning all the team members on
the same page.
●
Make data-driven hiring
decisions. (Related: How to Master Data-Driven
Recruiting)
●
Focus on building a
strong employer brand in the job market.
●
Prioritize candidate experience.
How
Can the Best Interviewing Platform Like VProPle Help You Improve Hiring
Quality?
VProPle is an interview
outsourcing company with an AI driven and human led interview as a service
platform trusted and admired by companies around the world. Our platform gives
companies access to 2200+ highly qualified & trained interview experts who
specialize in 280+ skills. In addition to this, we allow candidates to take online interview assessment at their
convenience.
You can conveniently
rely on our curated and calibrated technical interview service platform as it
possesses all the abilities and features to help you hire the right people for
your technical roles.
The platform’s tools,
such as resume ranking, predicting joiners, proctoring, code challenges, AI
powered prescreening, will not only allow you to improve your hiring quality
but it will also save you time that you would have otherwise spent on
interviewing a large volume of candidates. So, contact
us today to learn more about how our interview services can help you enhance
the quality of hire!
Conclusion
As we conclude, it is
worth realizing that companies should not overlook the importance of hiring
quality employees as it benefits the company in many ways. Therefore,
prioritizing and enhancing the quality of hiring using an interviewing platform is necessary to ensure business growth and
success in this dynamic landscape of talent acquisition.
Frequently
Asked Questions (FAQs)
Q1-
How can I measure the quality of hire?
Ans. Here, you cannot follow a one-size-fits-all
approach. This is because every company and job role has different recruiting
expectations and requirements. All you need to do is know these requirements
and prioritize them to improve the quality of hires.
In this case, the best
interview as a service platform like VProPle conducts various online interview assessment and tests
to ensure companies do not have to take the stress of measuring the quality of
hire and they only get access to quality people for their technical roles.
Q2-
What is an interview as a service platform?
Ans. An interview as a service platform is a
service provided by interview outsourcing companies to evaluate candidates. You
only need to upload job listings and candidate resumes on the platform, and the
system then matches each candidate with an interview expert who conducts the
interview and evaluates if the candidate is the right fit for the job.
Q3-
How does an online interviewing platform
work?
Ans. An online interview platform allows applicants
to participate using any device with a camera and microphone. It enables the
interviewer to interview candidates virtually and evaluate them based on their
personality traits, body language and qualifications.
This way, an online
interviewing system platform ensures that companies get to interview candidates
remotely at their convenience and hire quality candidates.
