Product Overview of HireVue
HireVue is a cutting-edge hiring platform designed to revolutionize the talent acquisition process by integrating advanced AI-driven technology, automation, and a strong focus on diversity, equity, and inclusion (DEI). Founded in 2004 and headquartered in South Jordan, Utah, HireVue aims to make hiring faster, fairer, and more efficient.
Key Features and Functionality
AI-Powered Candidate Assessments
HireVue utilizes advanced AI algorithms to assess candidates, allowing companies to identify the most suitable candidates with greater precision and less bias. This technology analyzes up to 25,000 data points from video interviews, including voice recognition, facial recognition, and keyword analysis, to predict which candidates are likely to become top performers.
Video Interview Solutions
The platform offers robust video interviewing capabilities, enabling businesses to conduct live and on-demand interviews remotely. This feature reduces the time and resources needed for traditional in-person interviews, provides flexibility for candidates, and helps companies meet compliance regulations while reducing travel expenditures.
Text Recruiting
HireVue’s text-powered recruiting assistant allows recruiters to engage with candidates via text messaging, enabling 1:1 or campaign messaging, individual or team inboxes, and secure, compliant texting. This feature automates workflows, saves time, and ensures privacy protection for both HR teams and candidates.
Interview Builder
The platform includes automated interview questions, evaluation guides, and templates for any job role. This structured interview approach speeds up the evaluation process and ensures that interviews are based on behavior-based questions validated by IO psychologists, helping to assess competencies accurately.
Assessments
HireVue offers a variety of assessment tools, including:
- Interview Assessments: Combining skills and interview assessments to evaluate candidate potential.
- Game-Based Assessments: Quickly prioritizing candidates based on internal mobility and leadership potential.
- Coding Assessments: Measuring relevant competencies through coding tests.
Scheduling
The platform automates interview scheduling and rescheduling, allowing candidates to self-schedule interviews via SMS or email. This feature streamlines the hiring process, saving time and managing hiring events more efficiently.
Integrated Hiring Platform
HireVue provides a comprehensive platform that integrates all aspects of the hiring process, from sourcing and interviewing to onboarding. It seamlessly integrates with existing Applicant Tracking Systems (ATS), reducing redundancies and friction in recruitment processes.
Diversity, Equity, and Inclusion (DEI)
HireVue is designed to support DEI goals by focusing on skills and traits rather than traditional, potentially biased indicators. The platform has been shown to increase diversity and equality hiring goals by up to 16%, ensuring a more inclusive recruitment process.
Benefits
- Reduced Hiring Time: Automated assessments and efficient video interviews significantly cut down the time taken to hire new employees.
- Enhanced Candidate Experience: Candidates can complete interviews at their convenience, improving their overall experience and leaving a positive impression of the hiring company.
- Increased Efficiency: The platform streamlines the hiring process, reducing administrative burdens and allowing HR professionals to focus on more strategic activities.
- Strong Security Features: Enterprise-level security ensures that sensitive data is protected, maintaining candidate and company confidentiality.
Pricing and Plans
HireVue offers various pricing models tailored to different organizational needs:
- Essential Package: Designed for companies with 2,500 to 7,500 employees, starting at $35,000 per year.
- Enterprise Package: For larger enterprises, starting at $75,000 per year, providing more comprehensive features.
- Premium Package: A custom approach with pricing upon request, offering superior support and capabilities.
In summary, HireVue transforms the hiring process by leveraging AI, automation, and a strong commitment to DEI, making it a powerful tool for businesses seeking to identify and nurture top talent efficiently and fairly.