Interviewing - a cost or investment for candidates?
| Published date | 22 March 2024 |
M2 PRESSWIRE-March 22, 2024-: Interviewing - a cost or investment for candidates?
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The post Interviewing - a cost or investment for candidates? appeared first on PR Fire.
CLITHEROE, UK. - People are a company's greatest asset. Dedicated time, resource and expenditure are required to successfully recruit the right people into an organisation. Whilst candidates undertaking a recruitment process would also expect the time investment, perhaps they wouldn't consider any potential personal expenditure involved.
The cost of attending interviews can vary and is based on several factors. Candidates may incur both direct and indirect expenses, for example: transport costs, interview attire, printing out documentation, technology (e.g. webcam/microphone), purchase of interview preparation resources/coaching, time off work, miscellaneous expenses - e.g. food & drink or attending professional networking events.
According to StandOut CV, in 2023, 69% of employers were incorporating video interviews into their hiring process. Whilst this will naturally reduce the transport costs candidates would need to allocate for attending interviews, it is not the norm for all parts of the interview process to be completed online. Many employers still want to meet potential future employees in person, especially if the remit will be based on-site or a hybrid situation.
Fiona McDonald, Business Operations Manager at Walmsley Wilkinson Executive and Management Recruitment, says "face-to-face interviews remain an integral part of the recruitment process. Whilst there may be an initial 'getting to know you' video call, there will often be at least one in-person interview and frequently more. In my opinion this is key, in helping to determine the fit for both parties."
Trainline commissioned a recent study which suggested the average cost of attending an interview is over [pounds sterling]100. As many jobs still offer remote working, candidates may find themselves having to travel much further afield from their home address to attend the interview and with the cost of fuel and train fares, the financial implications can soon mount up. It is therefore key that both employer and candidate have...
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