Reduce Time To Hire with AI: 5 Incredible Ways

Just so you know, having a prolonged time to hire results in a significant drop-off rate of candidates during the recruitment process. Why is that a problem? Among these dropped candidates, there might be some talented people that you might have missed. But with the CloudApper AI Recruiter, your HR team can reduce time to hire and acquire the most talented candidates. 

What Is the Time to Hire?

Let’s define “Time to Hire” first before we get into how AI can shorten it. The period between posting a job opportunity and the moment an applicant accepts an offer and becomes an official employee of your company is called “time to hire.”

Why Is It Important to Reduce Time to Hire?

Prolonged time-to-hire invites a lot of problems for a company. The core reasons why reducing the time-to-hire is so important are:

Increased Hiring Costs

Prolonged hiring time results in a high hiring cost. During the hiring time, you have to spend on marketing, hiring agencies (if needed), ATS system subscriptions, and your internal hiring team. The more time it takes to hire new people, the more it will cost.

Increased Candidate Drop-Off Rates

Candidates now want a smooth and fast recruitment experience. The more time you take to contact them, the less they will feel interested in working at your company. Because of that loss of interest, candidates quit and your candidate drop-off rates skyrocket.

Bad Candidate Experience

In many cases, candidates even forget that they’ve applied to a company. The reason is the prolonged time between applications and callbacks. This creates a bad candidate experience and ultimately hampers your employer branding.

How to Reduce Time to Hire With AI

Let’s do a deep dive into how much time it takes for your HR team to hire a candidate traditionally and how much time AI will save if your HR team has one with it.

Create a Simple-To-Apply Job Opportunity

With CloudApper AI Recruiter, creating a job opportunity is a breeze. Simply provide all the job requirements and responsibilities, and our solution will generate a job poster complete with a QR code and your recruiter’s contact information. Candidates can easily apply by scanning the QR code or texting your recruiting team, saving candidates time and effort.

Pre-screen Candidates With Conversational AI

Traditionally, recruiters receive all the applications first and then contact the applicants individually through calls or emails to ask pre-screening questions. On the other hand, the AI recruiter can run conversations and ask pre-screening questions to multiple applicants simultaneously.

However, the AI solution provided by CloudApper can do the applicant pre-screening independently. Your recruiters only need to add the questionnaire required for pre-screening to the AI recruiter, and it will ask the candidates those questions naturally. This will save a lot of time. 

Schedule Interviews Using AI

Traditionally, recruiters must contact all the pre-screened candidates through phone calls, emails, or texts to schedule an interview. If the number of applicants is too high, this can take days. However, with CloudApper’s AI-powered solution, this can be done in a few minutes. 

During the conversation, if a candidate provides the proper answers to the pre-screening questions, the candidate will be prompted to schedule an interview within a date and time range provided by the recruiter. The scheduling can be done in any meeting scheduling platform you prefer. 

Rank the Best Candidates Through a Smart Algorithm

After receiving all this data about the candidates, your recruiters would need to sit down and check the best candidates to call for an actual interview. This, again, takes time.

However, CloudApper’s AI solution can identify and rank the top candidates based on various factors such as technical skills, job-related skills, and more, and it can do this in a few minutes.

Integrate the AI Tool With Your Workforce Management Platform

You can seamlessly integrate CloudApper AI Recruiter with your preferred workforce management platform, such as UKG, Oracle, or Workday, and move all your candidate data to those platforms.

Conclusion

In today’s fast-paced business world, hiring new employees requires less time than ever. It is possible to ensure a more successful and efficient hiring process by considerably reducing the time it takes to find top talent with CloudApper AI Recruiter. Don’t let your company fall behind because of delayed hiring processes. Contact us right now to transform your hiring procedure.

FAQ: Reduce Time to Hire With AI

Q1: What are the common causes of prolonged time to hire?

The common causes of prolonged time to hire are lengthy and complex application processes, multiple stages of recruitment, and manual screening processes.

Q2: Why should you track time to hire?

You should track time to hire because the shorter your hiring time is, the lower your hiring costs will be. You can also recruit top talents in the quickly if you can track and control your time to hire.

Q3: How can I speed up time to hire?

You can speed up your hiring time if you implement an AI recruiting tool in your hiring process. These tools can make the application process simple, assess candidates quickly, and schedule interviews efficiently.