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.
