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#whyvideointerview




HOW TO INTEGRATE
VIDEO INTERVIEWING
INTO YOUR RECRUITMENT PROCESS
May 15, 2012
#whyvideointerview


 Welcome
 Your Moderator                                             Our Audience
                         Vice President, Marketing and
                     

                         Product Management                    11% HR Strategy
                         20+ years integrated
                                                                22% HR Manager
                     

                         marketing, channel                 
                         communications, and
                         technology                            29% Recruiters
www.mbafocus.com        10 years educational
jrapp@mbafocus.com       publishing industry; led digital
                         product development including
                                                               18% Operations
                         LMS integration and gated
                         delivery                              20% Not specified
#whyvideointerview


 Your Presenters
 Dave Hoy, Co-founder, MBA Focus                        Randy Bitting, CEO, InterviewStream
                       Role with the organization                                Named as one of Inc.
                        is operational, ensuring                                   Magazine's '30 under 30'
                        that MBA Focus is providing                                America's Top
                        quality products and                                       Entrepreneurs in 2007.
                        services to all partners and                              Co-founder of
                        clients.                                                   InterviewStream, Bitting’s
                       Immersed in the MBA                                        passion and innovative
www.mbafocus.com        recruiting business since      www.interviewstream.com     product development has
dhoy@mbafocus.com       1990, helped pioneer the       randy@interviewstream.com   established him as a
1.614.791.9000          first MBA resume database      1.877.773.3164              thought-leader in virtual
info@mbafocus.com       products that were             info@interviewstream.com    engagement for the past
                        distributed to recruiters.                                 ten years.
#whyvideointerview


About MBA Focus
   At the front of business
    leadership recruitment
       20 years of innovation and
        thought leadership
       An exclusive closed network of
        schools and employers employers
       70+ top schools, international
       Global Focus® a searchable
        database of 75,000+ MBAs
#whyvideointerview


About InterviewStream
   History of innovation
       Established in 2003
       400+ clients, in over 120 countries,
        over 400,000 completed interviews—
        more than any other provider!

   Best candidate experience
       Winner of 2010 W3 awards
       Video-based platform
       Video, text and document analysis
#whyvideointerview




Our Goals for Today
1.   Five questions to ask before implementing a video interviewing strategy
2.   When to use pre-recorded and/or live video interviews
3.   How to build a positive, branded candidate experience using video
4.   Time saving tips and techniques for on-campus recruitment
#whyvideointerview




Our Format
• Explore
• Tips

• Recommendations
• Q&A
#whyvideointerview


Brief History of Video Engagement




                                   8
#whyvideointerview


2008-09 Recession Drives Adoption
   52.1% of companies expected to decrease hiring
   Travel budgets slashed
   Companies and Career Services forced to do more with less
   Video interviewing for pre-screening candidates takes off
   Social media and acceptance of video by candidates explodes




                                                                      9
#whyvideointerview


Benefits of Video Interviewing
   Speed up screening process
   Increase recruiting productivity
   Reduce time-to-hire
   Improve quality of hire
   Share and collaborate
   Deliver a stronger employment brand
   Eliminate or significantly reduce travel costs



                                                          10
#whyvideointerview


Top Benefits
   Eliminate or significantly reduce travel costs
   Reduce time-to-hire
   Expand recruiting reach




                                                          11
#whyvideointerview


Save More Than 86%
                                                                                  *Source: 2011 Corporate Travel
Just the facts…                          Without            With                  Index, Business Travel News
                                                                                  **Source: salary.com 07/11,

                                         Video Interviews   Video Interviews      based on average HR director
                                                                                  salary, higher-level salaried
                                                                                  employees not calculated
                                                                                  ***Average two-day loss in
HARD COSTS: 6 candidates, 4 employees                                             productivity when traveling VPs
                                                                                  not using InterviewStream.
                                                                                  Costs based on filling 1 position -
Air, Car, Lodging, Meals *               $7,340             $0                    includes 6 candidates and 4 VP's
                                                                                  travel costs. InterviewStream
Video Interviewing                       $0                 $300                  Hard Costs based on Premium
                                                                                  Plan (volume discounts
                                                                                  available)
                             Sub Total   $7,340             $300

SOFT COSTS: 6 candidates, 4 employees **
                                                                         Total Savings Using
Phone Pre-Screening & Scheduling         $748               $544          Video Interviews
In-Office Visits ***                     $ 0 8
                             Sub Total   $1,836
                                                            $408

                                                            $952
                                                                          Over 86%
GRAND TOTAL                              $9,176             $1,252



                                                                                            12
#whyvideointerview




Wider Reach. Stronger Relationships.
     Remove time barriers associated with international recruitment
     Make it easier to identify talent for niche roles
     Build stronger relationships earlier in the interview process
#whyvideointerview


Two Types of Virtual Interviews
   Choose Pre-Recorded when you need to…
       Screen high number of candidates quickly
       Differentiate on one or two qualifying questions
       Deliver a strong employment branding message

                            Choose Live Video when you need to…
                                Go beyond the standard phone screen
                                Widen search to include geographically diverse talent
                                Reduce travel costs and work within a limited budget


                                                                               14
#whyvideointerview
The Recruitment Process
Virtual Interviewing

  Pre-        Phone         Live    Phone      In Person
Recorded                   Video




            Connect/                           Only best-fit
Screen      Clarify       Engage   Confirm     candidates




                                                  15
#whyvideointerview
Comparing Interviewing Processes
Traditional vs. Virtual




                                        16
#whyvideointerview

                TIP: Everyone prefers the personal touch, so let
                your candidates know how your company uses
                video interviewing as a part of their overall hiring
                process.




Best Practice
#whyvideointerview


Candidate Experience
   Familiarity with platform
       Relaxed delivery
   Video, Text & Document Analysis
       Better than text-only
   Flexible and convenient
       Candidates complete on their own time



         In a recent SoloCup survey of students who were interviewed using InterviewStream’s pre-recorded video
         interviewing, 97% of students found the interview platform convenient to complete.



                                                                                                                  18
#whyvideointerview


Candidate Experience
   Company brand
       Are you giving off the right “VIBE”
       Brings a “cool factor” to the interview process

   Quality of hire
       Identify candidate fit earlier
       Retention

   Visual feedback
       Assess non verbal cues
                                                                         Arie Ball
       More professional than a phone screen             VP of Talent Acquisition
                                                                     Sodexo, Inc.




                                                                        19
#whyvideointerview
TIP: Record a unique intro and questions that are
consistent with your company’s overall employment
brand. Give candidates specific details about why
they should join your company and what you have
to offer them as a MBA candidate.




Best Practice
#whyvideointerview
Video Interviewing as part of your
MBA Recruitment Process
   Extend your recruiting reach outside of core schools
   2nd round interviews (OCR follow-up)
   Involve international hiring managers (live)
   Just-in-time hiring




                                                                21
#whyvideointerview
  The MBA Recruitment Process
  Virtual Interviewing

Branded       On-       Pre-
 video      campus    recorded   Telephone   Live Video      In Person
outreach




Engage                                       Confirm/      Only best-fit
           Connect   Screen      Clarify                   candidates
                                             Collaborate



                                                                22
#whyvideointerview
                                                            #whyvideointerview
TIP: Live video interviews may be more
  TIP: Live video interviews and be more
appropriate for management may leadership roles.
Always consider your audience and leadership roles.
  appropriate for management when choosing
  Always consider your audience when choosing
between live and pre-recorded video interviews.
  between live and pre-recorded video interviews.




                         TIP: Live video interviews may be more
                         appropriate for management and leadership roles.
                         Always consider your audience when choosing
                         between live and pre-recorded video interviews.


Best Practice
Video Interviewing
Pre-recorded demo
#whyvideointerview




Developing a Video Strategy
#whyvideointerview
Your Video Strategy
Five Questions to Ask
1.   What is our current process? How can video best be
     utilized as a part of this process?
2.   For what types of positions/candidates will we
     utilize video?
3.   How can we utilize video to meet or maintain our
     employment brand objectives?
4.   What are the associated cost-benefits?
5.   Who will adopt and champion this strategy within our
     company?


                                                                 27
#whyvideointerview


Finding the Right Solution
Considerations
      Reliability/security of technology and data
      Flexible interviewing options
      Question set/library & delivery methods
      Training and implementation
      Customer support
      Cost and hidden fees




                                                          28
#whyvideointerview


Implementing Your Video Strategy
   Conduct a pilot
       Niche recruitment, such as campus
        recruiters/MBA recruitment

   Evaluate
       Quantify ROI; Identify improvements to HR,
        organizational processes and performance
       Rollout to Talent Acquisition team

   Expand
       Strategy to include career fairs, internal
        mobility, and redeployment



                                                          29
#whyvideointerview




Questions & Answers
#whyvideointerview
                                                              #whyvideointerview




Contact Todd Erdy to get started: 614.339.2080 – todd.erdy@mbafocus.com

Or visit https://www.mbafocus.com/VirtualInterviewing.aspx for more information


Thank you!
For more information about video interviewing or video recruitment strategies,
call 614-791-9000 or visit: https://www.mbafocus.com/whyvideointerview.aspx
Contact Todd Erdy to get started: 614.339.2080 – todd.erdy@mbafocus.com

Or visit https://www.mbafocus.com/VirtualInterviewing.aspx for more information


Get Started!
To schedule a demo contact Todd Erdy
614-339-2080 – todd.erdy@mbafocus.com

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Why Video Interview

  • 1. #whyvideointerview HOW TO INTEGRATE VIDEO INTERVIEWING INTO YOUR RECRUITMENT PROCESS May 15, 2012
  • 2. #whyvideointerview Welcome Your Moderator Our Audience Vice President, Marketing and  Product Management  11% HR Strategy 20+ years integrated 22% HR Manager  marketing, channel  communications, and technology  29% Recruiters www.mbafocus.com  10 years educational jrapp@mbafocus.com publishing industry; led digital product development including  18% Operations LMS integration and gated delivery  20% Not specified
  • 3. #whyvideointerview Your Presenters Dave Hoy, Co-founder, MBA Focus Randy Bitting, CEO, InterviewStream  Role with the organization  Named as one of Inc. is operational, ensuring Magazine's '30 under 30' that MBA Focus is providing America's Top quality products and Entrepreneurs in 2007. services to all partners and  Co-founder of clients. InterviewStream, Bitting’s  Immersed in the MBA passion and innovative www.mbafocus.com recruiting business since www.interviewstream.com product development has dhoy@mbafocus.com 1990, helped pioneer the randy@interviewstream.com established him as a 1.614.791.9000 first MBA resume database 1.877.773.3164 thought-leader in virtual info@mbafocus.com products that were info@interviewstream.com engagement for the past distributed to recruiters. ten years.
  • 4. #whyvideointerview About MBA Focus  At the front of business leadership recruitment  20 years of innovation and thought leadership  An exclusive closed network of schools and employers employers  70+ top schools, international  Global Focus® a searchable database of 75,000+ MBAs
  • 5. #whyvideointerview About InterviewStream  History of innovation  Established in 2003  400+ clients, in over 120 countries, over 400,000 completed interviews— more than any other provider!  Best candidate experience  Winner of 2010 W3 awards  Video-based platform  Video, text and document analysis
  • 6. #whyvideointerview Our Goals for Today 1. Five questions to ask before implementing a video interviewing strategy 2. When to use pre-recorded and/or live video interviews 3. How to build a positive, branded candidate experience using video 4. Time saving tips and techniques for on-campus recruitment
  • 7. #whyvideointerview Our Format • Explore • Tips • Recommendations • Q&A
  • 9. #whyvideointerview 2008-09 Recession Drives Adoption  52.1% of companies expected to decrease hiring  Travel budgets slashed  Companies and Career Services forced to do more with less  Video interviewing for pre-screening candidates takes off  Social media and acceptance of video by candidates explodes 9
  • 10. #whyvideointerview Benefits of Video Interviewing  Speed up screening process  Increase recruiting productivity  Reduce time-to-hire  Improve quality of hire  Share and collaborate  Deliver a stronger employment brand  Eliminate or significantly reduce travel costs 10
  • 11. #whyvideointerview Top Benefits  Eliminate or significantly reduce travel costs  Reduce time-to-hire  Expand recruiting reach 11
  • 12. #whyvideointerview Save More Than 86% *Source: 2011 Corporate Travel Just the facts… Without With Index, Business Travel News **Source: salary.com 07/11, Video Interviews Video Interviews based on average HR director salary, higher-level salaried employees not calculated ***Average two-day loss in HARD COSTS: 6 candidates, 4 employees productivity when traveling VPs not using InterviewStream. Costs based on filling 1 position - Air, Car, Lodging, Meals * $7,340 $0 includes 6 candidates and 4 VP's travel costs. InterviewStream Video Interviewing $0 $300 Hard Costs based on Premium Plan (volume discounts available) Sub Total $7,340 $300 SOFT COSTS: 6 candidates, 4 employees ** Total Savings Using Phone Pre-Screening & Scheduling $748 $544 Video Interviews In-Office Visits *** $ 0 8 Sub Total $1,836 $408 $952 Over 86% GRAND TOTAL $9,176 $1,252 12
  • 13. #whyvideointerview Wider Reach. Stronger Relationships.  Remove time barriers associated with international recruitment  Make it easier to identify talent for niche roles  Build stronger relationships earlier in the interview process
  • 14. #whyvideointerview Two Types of Virtual Interviews  Choose Pre-Recorded when you need to…  Screen high number of candidates quickly  Differentiate on one or two qualifying questions  Deliver a strong employment branding message  Choose Live Video when you need to…  Go beyond the standard phone screen  Widen search to include geographically diverse talent  Reduce travel costs and work within a limited budget 14
  • 15. #whyvideointerview The Recruitment Process Virtual Interviewing Pre- Phone Live Phone In Person Recorded Video Connect/ Only best-fit Screen Clarify Engage Confirm candidates 15
  • 17. #whyvideointerview TIP: Everyone prefers the personal touch, so let your candidates know how your company uses video interviewing as a part of their overall hiring process. Best Practice
  • 18. #whyvideointerview Candidate Experience  Familiarity with platform  Relaxed delivery  Video, Text & Document Analysis  Better than text-only  Flexible and convenient  Candidates complete on their own time In a recent SoloCup survey of students who were interviewed using InterviewStream’s pre-recorded video interviewing, 97% of students found the interview platform convenient to complete. 18
  • 19. #whyvideointerview Candidate Experience  Company brand  Are you giving off the right “VIBE”  Brings a “cool factor” to the interview process  Quality of hire  Identify candidate fit earlier  Retention  Visual feedback  Assess non verbal cues Arie Ball  More professional than a phone screen VP of Talent Acquisition Sodexo, Inc. 19
  • 20. #whyvideointerview TIP: Record a unique intro and questions that are consistent with your company’s overall employment brand. Give candidates specific details about why they should join your company and what you have to offer them as a MBA candidate. Best Practice
  • 21. #whyvideointerview Video Interviewing as part of your MBA Recruitment Process  Extend your recruiting reach outside of core schools  2nd round interviews (OCR follow-up)  Involve international hiring managers (live)  Just-in-time hiring 21
  • 22. #whyvideointerview The MBA Recruitment Process Virtual Interviewing Branded On- Pre- video campus recorded Telephone Live Video In Person outreach Engage Confirm/ Only best-fit Connect Screen Clarify candidates Collaborate 22
  • 23. #whyvideointerview #whyvideointerview TIP: Live video interviews may be more TIP: Live video interviews and be more appropriate for management may leadership roles. Always consider your audience and leadership roles. appropriate for management when choosing Always consider your audience when choosing between live and pre-recorded video interviews. between live and pre-recorded video interviews. TIP: Live video interviews may be more appropriate for management and leadership roles. Always consider your audience when choosing between live and pre-recorded video interviews. Best Practice
  • 24.
  • 27. #whyvideointerview Your Video Strategy Five Questions to Ask 1. What is our current process? How can video best be utilized as a part of this process? 2. For what types of positions/candidates will we utilize video? 3. How can we utilize video to meet or maintain our employment brand objectives? 4. What are the associated cost-benefits? 5. Who will adopt and champion this strategy within our company? 27
  • 28. #whyvideointerview Finding the Right Solution Considerations  Reliability/security of technology and data  Flexible interviewing options  Question set/library & delivery methods  Training and implementation  Customer support  Cost and hidden fees 28
  • 29. #whyvideointerview Implementing Your Video Strategy  Conduct a pilot  Niche recruitment, such as campus recruiters/MBA recruitment  Evaluate  Quantify ROI; Identify improvements to HR, organizational processes and performance  Rollout to Talent Acquisition team  Expand  Strategy to include career fairs, internal mobility, and redeployment 29
  • 31. #whyvideointerview #whyvideointerview Contact Todd Erdy to get started: 614.339.2080 – todd.erdy@mbafocus.com Or visit https://www.mbafocus.com/VirtualInterviewing.aspx for more information Thank you! For more information about video interviewing or video recruitment strategies, call 614-791-9000 or visit: https://www.mbafocus.com/whyvideointerview.aspx
  • 32. Contact Todd Erdy to get started: 614.339.2080 – todd.erdy@mbafocus.com Or visit https://www.mbafocus.com/VirtualInterviewing.aspx for more information Get Started! To schedule a demo contact Todd Erdy 614-339-2080 – todd.erdy@mbafocus.com