Please suggest as we would like to understand if an organization wants to reduce the cost of hiring, then what would be the steps for the same. Please share your valuable views on the same. If an organization is looking to reduce the hiring budget but also improve the quality of hires, how is it possible.
From India, Gurgaon
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From India, Gurgaon
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Greetings,
There are many ways in which the current system of billing in recruitment can be reviewed to reduce the cost per hire. Furthermore, the way you plan the recruitment drive can affect the cost per hire. Please do share more so that we can discuss this and arrive at an accurate solution. Figuratively, there are many tasks that are duplicated. If you review your processes, you may eliminate them or integrate them with other relevant activities without affecting the time duration.
Here are a few discussions that have brainstormed on this earlier:
- [How to reduce cost per hire](http://citehr.com#axzz1BBake8IE)
- [Cost per hire calculation](#axzz1B4SLtmvN)
Regards,
Cite Contribution
From India, Mumbai
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1872There are many ways in which the current system of billing in recruitment can be reviewed to reduce the cost per hire. Furthermore, the way you plan the recruitment drive can affect the cost per hire. Please do share more so that we can discuss this and arrive at an accurate solution. Figuratively, there are many tasks that are duplicated. If you review your processes, you may eliminate them or integrate them with other relevant activities without affecting the time duration.
Here are a few discussions that have brainstormed on this earlier:
- [How to reduce cost per hire](http://citehr.com#axzz1BBake8IE)
- [Cost per hire calculation](#axzz1B4SLtmvN)
Regards,
Cite Contribution
From India, Mumbai
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One of the most important questions that organizations today search for a viable answer to is "how to reduce the overall cost of recruitment" without sacrificing the quality of selection.
The following could be of very high interest to Production/Delivery Teams as well as the Talent Acquisition Teams of every type of Organization as it provides a highly viable solution to the above question.
Reduce Time Spent In Job Interviews By Hiring Managers By About 70% From Current Levels:
Our Team from IIT Bombay, India, has developed a Unique, Powerful, and Highly Innovative, and at the same time Highly Secure Automated Tool through which job interviews are conducted without the need for the physical presence of the interview panel, bringing in substantial savings in terms of time and efforts related to face-to-face and/or telephonic interviews. The savings in time and effort accrue mainly to the Interviewing Panels (Hiring Managers who are normally from the Production/Delivery Team) and also the HR Talent Acquisition/Recruitment Team.
Kindly see the post at this link: https://www.citehr.com/481858-reduce...ml#post2119832
Kindly visit the website Jams Academy to get more information about asynchronous video-based job interviews.
From India, Mumbai
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The following could be of very high interest to Production/Delivery Teams as well as the Talent Acquisition Teams of every type of Organization as it provides a highly viable solution to the above question.
Reduce Time Spent In Job Interviews By Hiring Managers By About 70% From Current Levels:
Our Team from IIT Bombay, India, has developed a Unique, Powerful, and Highly Innovative, and at the same time Highly Secure Automated Tool through which job interviews are conducted without the need for the physical presence of the interview panel, bringing in substantial savings in terms of time and efforts related to face-to-face and/or telephonic interviews. The savings in time and effort accrue mainly to the Interviewing Panels (Hiring Managers who are normally from the Production/Delivery Team) and also the HR Talent Acquisition/Recruitment Team.
Kindly see the post at this link: https://www.citehr.com/481858-reduce...ml#post2119832
Kindly visit the website Jams Academy to get more information about asynchronous video-based job interviews.
From India, Mumbai
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Here are some quick and free ways to hire:
1) Use Facebook Groups. There are lots of startup groups out there that support this effort.
2) Approach through LinkedIn. Do a search and select people that you find appropriate. Add them and then send them a LinkedIn mail.
3) Extract Details from Naukri - Download bulk details of candidates and shoot them an email together to save time and money.
Regards, Allan Fernandes Vice President HR & Payroll Software for SMEs and Startups in India - Quikchex - HR, Compliance, and Payroll Software
From India, Mumbai
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1) Use Facebook Groups. There are lots of startup groups out there that support this effort.
2) Approach through LinkedIn. Do a search and select people that you find appropriate. Add them and then send them a LinkedIn mail.
3) Extract Details from Naukri - Download bulk details of candidates and shoot them an email together to save time and money.
Regards, Allan Fernandes Vice President HR & Payroll Software for SMEs and Startups in India - Quikchex - HR, Compliance, and Payroll Software
From India, Mumbai
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There are many ways to decrease the cost per hire and increase the quality of hire. The company I work for loves to do video interviews because it saves a lot of time and money, and you can easily choose the most qualified candidates quickly. We use VidCruiter at http://www.vidcruiter.com/video-interviewing. It's extremely user-friendly. I would definitely recommend it!
Another way businesses are saving money while hiring better candidates is with employee referral systems. Birds of a feather flock together. By encouraging your employees to refer their friends, in theory, you should be receiving great, quality leads for new hires.
From United States, Downers Grove
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Another way businesses are saving money while hiring better candidates is with employee referral systems. Birds of a feather flock together. By encouraging your employees to refer their friends, in theory, you should be receiving great, quality leads for new hires.
From United States, Downers Grove
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To increase the quality of hiring and decrease the cost per hire, you need to try the industry's best software called InterviewBuddy Pro, available at https://www.interviewbuddy.online. This software helps HR professionals hire talent more affordably and fairly.
Thank you.
From India, Visakhapatnam
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Thank you.
From India, Visakhapatnam
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Cost per hire calculator.xls
Cost per hire.ppt
DATA COST PER HIRE EXAMPLE.zip