Video Job Interviews Are Latest Corporate Cost Saving Trend

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Senior business leaders and executives can reduce interview, hiring, and travel expenses lowering cost per hire using video interview technology. Async Interview is a company at the front of the new corporate cost cutting trend in video interviews.

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The job search and candidate selection cost can be costly. Companies can easily spend $5,000 per candidate in travel expenses including hotel, airfare, and transportation. Factors like these along with fitting interviews into tight executive and candidate schedules draw out the interview and candidate selection process to an average of 3 months.

Twenty-three year old entrepreneur, Christopher Young and his business partner Ehud Israel launched Async Interview, a video interview technology after Young experienced the job search as a soon to be grad. Israel, who has also worked in the recruiting and talent industry and is a business owner, saw a way to offer convenience to both the company and the candidate while reducing corporate hiring and interview expenses.

"By reducing the expense to hire candidates and making the interview process easier to manage, we want to help companies hire candidates and improve their bottom line while helping the economy at the same time," says Young.

Human Resources industry expert and President of HCM Freelancer, Sarah White agrees. "Video interviewing presents a unique opportunity to save travel and interview costs while making the candidate selection process more consistent," says White. "By recording interviews, hiring managers are able to evaluate each candidate side by side without the uncomfortableness of a group interview with multiple candidates."

Improving the candidate experience and reducing company expenses while stimulating the economy are what Young and Israel are after. After hearing President Obama's America Jobs Speech, they sprang into action and launched their "Get America Back to Work" Campaign. Async Interview is offering 100 companies 50 free video interviews each allowing companies the opportunity to quickly fill positions and help move the needle when it comes to the economy.

"We're a country in crisis. For every one job opening there are 3.5 job seekers to fill that position," says Young. "It's critical that businesses and individuals work to help change our economy."

Async Interview's video interview technology is a new and emerging trend in the recruitment industry. Video job interviews similar to Skype interviews offer the opportunity for companies to interview candidates anywhere there is an Internet connection and webcam coupled with the security and privacy for organizations. Learn more about their "Back to Work" Campaign at https://asyncinterview.com/backtowork.

Learn more about Async Interview at http://www.asyncinterview.com or on Twitter @asyncinterview.

For media inquiries contact Jessica Miller-Merrell at (405) 293-2564 or at jessica(at)xceptionalhr(dot)com.

This press release was distributed through PR Web by Human Resources Marketer (HR Marketer: http://www.HRmarketer.com) on behalf of the company listed above.

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Jessica Miller-Merrell