Nowadays, both companies and job seekers find themselves feeling anxious over current hiring trends. Despite Covid-19 restrictions being lifted across the world, the global marketplace is yet to find its footing. Recently, the World Bank downgraded its forecast for the global economy citing various factors including stagflation – an amalgamation of slow growth and inflation.
As the economy heads toward mass layoffs and the fear of recession loom large, it is now the perfect time for your organization to hire top talents from an unprecedented number of experienced professionals, industry experts, and more!
Why Should You Hire Now?
Companies must focus on building the strongest team to gain a competitive edge and persist through the current economic state of the world. Moreover, recent research has revealed that 9% out of 4,700 companies fared much better than the rest during the last three recessions owing to their long-term hiring strategies.
Companies, however, can find it extremely hard to sift through thousands of qualified candidates to find the right ones. Furthermore, they also need to focus their time and resources on making crucial business decisions to weather the ongoing financial storm.
Dive in to learn more about how a technology-driven platform can help you make the right hiring decisions!
How Can a Technology-Driven Interviewing Platform Help?
It is now high time for companies to do away with temporary crisis management plans and make long-term hires. The right IoD (Interview on Demand) platform can help you capture the perfect candidates without any hassle. Read on to learn more –
1. Warrant Vast Network of Interviewing Experts – Let the highly professional techies from top-tier organizations take control of the hiring process on your behalf. They are interviewing experts who come equipped with years of experience up their sleeves and can help you boost the productivity of your organization. Additionally, they are well-versed in standardized hiring processes that are helmed by expert advisors.
2. Avoid Bad Cost of Hire – It is a well-known fact that the cost of hiring the wrong employee can be astronomical. Additionally, it can also affect the morale and overall productivity of your company. Up-and-coming organizations can prevent such high costs by employing the services of seasoned experts who can provide an objective analysis of the candidates and ensure improved recruitment and retention.
3. Save Precious Business Hours – Approximately, 40 engineering hours are wasted by companies behind one hire. On top of it, similar or more hours are wasted by the recruitment team in coordinating the schedules between the candidates and interviewing panel. A technology-driven interviewing platform can automate a lot of recruiting tasks for you including scheduling, messaging, setting reminders, and more. The right hiring platform can also pave the way for seamless coordination with candidates so as to avoid last-minute cancellations and can help organizations speed up the hiring process by 3X.
JobTwine is the perfect “Interview on Demand” platform for your technical hiring needs. Our vast network of interviewing professionals and standardized processes can help your company sail through the recruitment process effortlessly.
With the saved development hours and a new team of talents, you can maximize your company’s revenue like never before!
