“Time is the scarcest resource, and unless it is managed nothing else can be managed.”
– Peter Drucker, father of modern management
Do you know that some people spend more than half of their time in hiring discussions with potential employees to join their team? With a talent market with a perpetual crunch for talented resources, it seems like a criminal waste of time for them to spend time with people, of which 90% would not even get hired in their teams. Interviewers have a tough job as it’s time-consuming as well as mentally taxing. Read more about how to conduct interviews efficiently.
Getting efficient with your hiring
There are numerous ways where you can do this, following is a short list:
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CV Shortlisting
By far, the oldest way of elimination (yes, it’s an elimination step!). Almost every firm uses some hurdles like university, co-curricular activities, previous experience, etc. While most of them work, modern-day candidates are much more versatile than what their experience or scores may reflect. In the world we live in, they often have little or no correlation to job performance. It, however, becomes necessary as the internal bandwidth becomes a constraint in meeting all the candidates.
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Tests or assignments
Much more scalable and effective in determining the skill levels of candidates. There are a couple of problems though. First, candidates can cheat their way through these. Automated testing platforms are common these days and most of these tests are done by the candidates in the comfort of their homes and all the solutions for such tests are available on the internet. Second, when it comes to more experienced candidates, tests have a high drop-off rate. Candidates can miss personal emails while involved in work. Also, after speaking to a lot of candidates, we realized most of them feel automated skill testing is a bit demeaning. If you want to try it out, read more on how to make the most of assessments.
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Interview-as-a-service
This is where companies can hire an interviewer for their first level of vetting. The great thing about it is that candidate’s receptiveness to speak to a person (especially if the person is a respected expert in the field) is much higher. Also, when provided in a structured manner, the output can be highly objective for the internal team and provide a level playing field for all candidates. Read more on how to structure interviews and how to eliminate bias in interviews. BarRaiser makes it very easy to deploy interview-as-a-service for your organization. BarRaiser conducts technical and leadership interviews. Through its platform, BarRaiser will conduct interviews on your behalf and deliver a recorded interview and thorough interview summary.
How Interview-as-a-Service is better
Traditionally, interviews were conducted by internal interviewers. Companies are starting to outsource interviews because of the many benefits. Will bucket the benefits broadly into three categories:
Capacity
Having the option of hiring an interviewer who’s proved themselves to be a subject matter expert provides you with a virtually infinite capacity to do interviews at scale. This along with high-quality feedback and simple-to-understand scorecards. If you are wondering how to hire at scale or how to interview at scale – this might be a solution. Consider BarRaiser, which supports its customers by scheduling more than 300 interviews a day!
Capability
In the ever-changing world, new capabilities are required by the organization almost every 6 months. Some would be so new that even with a large employee base, you find yourself googling “how to interview for a data scientist” or trying to ask for favors from friends, or leaders. Having a panel of experts who can interview will be a godsend then.
Another capability issue is interviewing-as-a-skill which is very rare. Having expert interviewers at your disposal (with a click of a button) helps solve that problem and those interviews can also be used to train your teams.
Visibility
Platform, like BarRaiser, provides very deep visibility where each question is scored, analyzed, and contributes to the overall score. Recorded videos help gain confidence in the process and also assess the softer sides of the candidate. Having an external interviewer also brings in an outside-in perspective and is often unbiased. BarRaiser goes to a great extent to remove both conscious and unconscious bias in interviews.
Business Benefits of Outsourcing the Recruitment Process
Improve the Quality of Hiring
Both major internal approaches have flaws that negatively impact the quality of technical interviews and, in turn, the quality of hire. Outsourced technical interviews can handle these drawbacks as they eliminate bias, use structured interviews and deliver great candidate experience.
It will be far more impactful if your initial outsourced interview is an integral part of the overall interview process and also hold weightage in the final hire/no-hire decision. BarRaiser is the only interviewing platform in the world that provides both an interview platform as well an interview-as-a-service to bring about a holistic picture of the candidates.
Outsourcing interviews save a tone of time
One of the main reasons why many companies outsource their interview process today is to save time. It lets them cast a wider net by getting more candidates through the interview process and reducing the candidate drop-off in the recruitment funnel. As a result, you can waste a lot of valuable time that could be spent on core business operations.
Hiring an interview-as-a-service can save you a lot of time. Because we have the proven processes, experience, and advanced technology to find the right people for your business quickly, efficiently, and effectively, find top talent in less time without disrupting the workflow and productivity of your business operations and HR teams.
Interview-as-a-service saves you money
Another reason many companies outsource their interview process is to save costs. Recruiting operations can have a significant financial impact. Doing everything in-house will put a lot of pressure on your resources, affecting work and also slowing down the recruitment process. Here’s a case study on whether interview-as-a-service is worth it.
Two major errors that companies make are to
(a) Consider interviewing is free – but if you calculate the opportunity cost, each 60min interview consumes about 2.5-3 hours of the interviewer’s time which otherwise could have been invested into building the product, increasing revenue, etc.
(b) Underestimate the speed of recruitment – every week that the candidate is delayed, it is a week of opportunity cost. Furthermore, when you go for speed, it tends to deteriorate quality but not with an interview-as-a-service.
You Gain A Competitive Advantage
Small organizations and start-ups may need more funding or software to attract top talent. However, big players in your industry may have such resources that could put you at a competitive disadvantage.
Interview outsourcing has been in business for several years and can make it easier and faster to find the best candidates for open roles. Optimize your time to find the best talent for your business. Moreover, they know what most companies in the industry want to achieve. Hence, IaaS like BarRaiser can match you with high performers according to industry needs. In this way, it helps build a credible team that helps you compete with the big players in the industry with more resources.
Helps improve the hiring process
Partners, such as BarRaiser, can understand the expectations of most potential employees and what many companies need when looking for new employees. It can advise companies on hiring people, conducting better interviews, and even reducing recruitment costs and time. Easier to fill positions more efficiently. If your company has been working with a reputable partner for a long time, you can learn a lot about their methods over time. This has allowed us to improve our processes significantly.
Services other than recruitment
The recruiters you turn to when outsourcing your interview needs often offer more than just finding the right candidate. For example, consider onboarding, the process that integrates a new employee into an organization and is a key part of it.
Employee productivity and business operations are prioritized by delegating her HR tasks, as shown above. Plus, you don’t have to worry about making mistakes, paying fines, or facing staff shortages. Outsourcing your staff saves you money in many ways. From resources to manpower to productivity, external staff working with his partners all work to their advantage.
Find the right recruiter for your business to outsource Interviews.
I hope this article has helped you clear some of your concerns about working with an external recruiter and gain insight into how they can help you grow your business.
For years, companies have outsourced assessments and interviews. The pandemic outbreak has highlighted this type of hiring as a viable solution to free up internal resources for other strategic roles within the organization. BarRaiser offers an interview solution that allows you to leverage otherwise unavailable consultant expertise.
People Also Ask For
Q1. Why Outsource Your Exit Interview
As a novel practice, some companies have started outsourcing their exit interviews to third parties. Not only does this maintain an element of confidentiality, but it also helps the company understand key issues regarding employee turnover.
Q2. What are the types of outsourcing?
Major categories include:
- Professional outsourcing. IT outsourcing.
- Outsourced manufacturing.
- Project outsourcing.
- Process outsourcing.
- Operational outsourcing.
Q3. What is your outsourcing process like?
Outsourcing is the outsourcing of certain business processes to a third party or professional services provider. Individuals or Businesses. Organizations select external resources to carry out tasks, services, or projects previously done independently. A more common outsourcing model is recruitment process outsourcing (RPO). BarRaiser has worked with a lot of RPO agencies to provide a seamless and end-to-end solution to
Q4. Do companies outsource interviews?
Yes, many organizations – large and small outsource interviews. BarRaiser has been serving over 200 customers last year and growing. This includes early-stage bootstrapped companies to large multi-national enterprises.
