In this episode we speak with a long time supporter, Matt Baxter, Founder and CEO at Wedge an asynchronous video interviewing platform about what they are seeing in the market today. How clients are using Wedge and where video in recruitment is helping to maximize efficiency in the hiring process.
Asynchronous video interviewing (one-way interviewing), hiring process, candidate ghosting, applicant tracking systems, high-volume hiring, streamline hiring process, reduce bias, standardized interviews <- All things that we talk about in detail.
Takeaways
- Asynchronous video interviewing eliminates the issue of candidate ghosting and makes the hiring process more efficient.
- Wedge is a B2B software platform that offers one-way video interviews for high-volume hiring.
- Wedge integrates with applicant tracking systems and can be used in various industries.
- The use of asynchronous video interviews allows for better time management and more effective candidate screening.
- In the future, Wedge aims to incorporate AI to provide more insights and recommendations for hiring decisions. Wedge is an asynchronous video interviewing platform that helps companies streamline their hiring process and reduce bias.
- The platform allows recruiters to standardize interviews and collaborate with team members.
- Real-time data on candidate interest is a valuable resource for recruiters.
- Wedge has a mobile-first design and offers a user-friendly experience for both candidates and hiring teams.
- The completion rate for Wedge interviews is around 48-49%, indicating that candidates who do not complete the interview may not be genuinely interested in the job.
- The main challenge for Wedge is overcoming the resistance to change and educating potential customers on the value of video interviewing.
Chapters
02:34 Introduction to Wedge and its Purpose
03:21 Transition to the Evolution of Video Interviewing
06:01 Explanation of Asynchronous Video Interviewing
10:10 Benefits of Asynchronous Video Interviews in Reducing Candidate Ghosting
12:12 Use Cases and Integration with Applicant Tracking Systems
16:06 Future Plans for AI-Driven Insights and Recommendations
19:08 Standardization and Bias Reduction
20:59 Collaboration and Real-Time Data
23:01 AI and Data Analysis
25:30 User-Friendly Experience
29:31 Mobile-First Design
30:57 Advice for Candidates and Hiring Teams
34:39 The Power of Demonstrating the Product
41:21 Important Questions and Common Objections
43:43 Overcoming Resistance to Change
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