📺 Stream EntrepreneurTV for Free 📺

How to Take the Stress Out of the Hiring Process CandidateView helps hiring managers avoid an avalanche of resumes with an AI-powered video solution.

By Jonathan Small

Key Takeaways

  • A recent survey reveals extreme stress among hiring managers due to the influx of resumes.
  • A new platform, CandidateView, proposes ad tech-inspired solutions to enhance hiring efficiency.
entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Recruiting is a stressful business—perhaps more now than ever before.

A 2023 survey of 1,200 hiring managers conducted by Zogby Analytics found they're feeling the pressure big time, thanks to an overwhelming number of resumes to review, often from unqualified candidates, too many vacant positions, and a lengthy hiring processes.

While AI on platforms like LinkedIn, Indeed and ZipRecruiter have made it much simpler for job seekers to apply for a position in mere seconds, it has, in turn, caused a massive traffic jam in HR departments across the country.

Many use AI software to screen for candidates, but even that isn't enough to slow the deluge.

Related: 55 Small Business Ideas to Start in 2024

Entrepreneur Vinay Jatwani believes he has a solution that offers managers more a effective hiring strategy. His company, CandidateView, utilizes the sophisticated ad tech technology used for customer acquisition and applies it to the hiring process. Although the company is still in its nascent state, early data indicates that the service eliminated 65 percent of unwanted applications. "We've brought our knowledge from ad tech to HR tech," he says.

Video killed the resume star

CandidateView is an online platform allowing hiring teams to filter candidates before they meet them and candidates to vet companies before they apply for a position.

The platform takes the focus off the resume and cover letter, relying on video as the primary means of communication. Candidates can watch videos provided by the employer and submit videos of themselves answering custom-tailored interview questions.

"Employers are just getting flooded with resumes, but if you look at it, a resume is just a checklist, it doesn't tell you anything about an individual," says Jatwani. "We want good candidates to get greater visibility for themselves. Through video, they can sell themselves above and beyond just their resume."

How it works

On CandidateView, job applicants are first directed to the relevant job position at the organization where they can watch short videos about the company. This helps the organization sell itself beyond a blurb on a webpage that busy candidates often don't have the interest or time to seek out.

Related: Avoid Costly Hiring Mistakes With These Five Essential Tips

"Through video, the company can explain their culture, what the position is, and what they're looking for," Jatwani says. The videos can be produced directly by the company or by AI, using a series of actors with diverse ages, ethnicities, and genders.

CandidateView then allows hiring managers to pre-interview candidates by asking them a series of questions via video. The candidates can answer the questions on their own schedule and re-record as many times as they like.

Related: 6 Steps to Getting Your Business Plan In Front of Investors

The platform has hundreds of interview questions based on various categories or employers can write their own, allowing users to customize the Q&A process. Again, the service allows the client to upload their own video questions, use a human actor, or use an AI-generated actor.

AI's not replacing HR

Some critics may see services like Candidate View as a threat to HR executives. If you can use AI avatars to interview job applicants, why do you need humans?

But Jatwani stresses the goal is not to replace one-on-one human interaction but to use video interviews as a tool to prescreen candidates. Once candidates pass through the initial filtering process, they're ready to meet their potential employer face-to-face.

"We want good candidates to get greater visibility for themselves and sell themselves above and beyond just their resume," he explains. "And we want to make it easier for employers to meet these good candidates."

Jatwani is so passionate about the technology that he's begun using it on a personal project near and dear to his heart. A few years ago, his sons began a foundation in honor of his wife, who died of brain cancer. This year, the foundation is hosting a conference offering scholarships for students, and they're using CandidateView to get to know the candidates.

Related: AI in Recruitment: The Future of Work or the End of Recruitment Agencies?

Jonathan Small

Entrepreneur Leadership Network® VIP

Founder, Write About Now Media

Jonathan Small is an award-winning author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, Entrepreneur, and Condé Nast. He has held executive roles at Glamour, Fitness, and Entrepreneur and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. He is the former “Jake” advice columnist for Glamour magazine and the “Guy Guru” at Cosmo.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Leadership

Why Companies Should Prioritize Emotional Intelligence Training Alongside AI Implementation

Emotional intelligence is just as important as artificial intelligence, and we need it now more than ever.

Business News

Elon Musk Tells Investors Cheaper Tesla Electric Cars Should Arrive Ahead of Schedule

On an earnings call, Musk told shareholders that Tesla could start producing new, affordable electric cars earlier than expected.