TechScreen

How Much is Hiring Costing You?

The biggest difficulty in your hiring of salespeople and recruiters is…when will they be profitable? I am sure you have a standard answer for how long it traditionally takes.

The reality is that technical understanding is a huge part of recruiters being able to find the right candidates and for the sales team to be an educated consultant with their clients. Salespeople are typically not able to have intelligent technical discussions with either clients or candidates. Training your team for sales and recruiting is clearly mandatory, but very few firms address the technical knowledge gap.

Technical knowledge of what defines a strong candidate from one that is not… is the missing link.

Want to see what your sales and recruiters cost you to reach profitability?

Check out our AE & Recruiting Cost Calculator and then realize that the knowledge through TechScreen is being provided on demand to your salespeople and recruiters allowing them to become profitable right after they complete traditional training.

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The Open Seat Index Calculator

The biggest issue internally is how long it takes to fill an open seat. TechScreen is introducing the Open Seat Index™, a calculation that measures the true impact of an empty seat of a technical professional. Recruiters are measured by seats they fill and the time they take to do it, but there is very little discussion as to the real financial consequences of seats going unfilled. They often worry about trivial distractions like Cost per Hire, which focuses on things like the price of search tools, agency fees and job postings.

The OSI sheds light on how expensive it is for companies to have positions remain open for an extended period of time. An article in Fortune says that US companies suffer $160B a year in productivity loss due to unfilled vacancies. Recruiting solutions that are not focusing on lowering Time-to-Hire are aiming at the wrong problems, but that is only part of the issue.

A process that has four resumes to get a phone screen, four phone screens to get an on-site and four on-site interviews to get an offer means it takes 64 resumes to get one hire.

With TechScreen, powered by AI Verify, Corporate Talent Acquisition becomes an on-demand expert in asking the right technology questions and having the information that should be included in a good answer. No more wasting managers’ time with unqualified candidates. Reduce the time to hire by up to half in most cases due to being able to identify the right fit, right away.

Want to see what the difference is between your standard and what you can get utilizing the TechScreen platform. Check out the Open Seat Index™ Calculator below.

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