It's critical to monitor key performance metrics when using automated interview scheduling tools and video interview software to assess the efficacy of your hiring procedure and pinpoint areas that require improvement. Observe the following important metrics:

• Time-to-Hire

Keep track of the amount of time that passes between the first applicant application and the hiring decision. By expediting the screening process and removing scheduling problems, video interviews and automated interview scheduling software can drastically cut down on the time it takes to hire a candidate. Keep an eye on this indicator to make sure your hiring procedure is still effective.

• Rate of Candidate Engagement

Calculate the proportion of applicants who finish the video interview procedure. A high percentage of interaction suggests that your scheduling and video interview tools are easy to use and offer a satisfactory experience to candidates. Low engagement can point to areas where your process needs work or where you need to communicate with prospects more effectively.

• Ratio of Interview to Hiring

Keep track of the number of interviews held for each successful hire. By finding the ideal ratio between screening and interviewing, this statistic might assist you in streamlining your video interview procedure.

• Interviewer Efficiency

Keep track of the amount of time interviewers spend watching and commenting on video interviews. Interviewers can concentrate on the most promising prospects by streamlining this procedure with the aid of automated scheduling and video interview tools. Monitor the efficiency of your interviewers to make sure the hiring team is getting the most out of their time.

• Remarks from Candidates

Get applicant feedback regarding their interactions with your scheduling and video interviewing tools. This can assist you in pinpointing areas that require development and guarantee that, regardless of the result, all candidates are having a pleasant experience with your hiring process.

• Diversity Metrics

Monitor diversity metrics like age, gender, and ethnicity to make sure that the hiring process isn't biased by the video interview and scheduling tools you're using.

• Hiring Manager Satisfaction

Ask hiring managers about their thoughts on the efficiency of your scheduling and video interviewing technologies. This can assist you in determining where the tools are fulfilling their needs and where more development may be required.

• Cost-per-Hire

Keep track of the financial benefits of using video interviews and scheduling tools, such as lower travel costs and more productivity. This metric can support the case for purchasing these tools and show how valuable they are to the company.

Through monitoring these crucial indicators, companies can enhance the effectiveness of video interview software and automated scheduling mechanisms to enhance hiring results, curtail expenses, and furnish a favorable applicant experience.