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How Does it Save you Money?

Let’s compare the cost of conducting phone screening interviews manually versus with Recruit AI, here’s a detailed breakdown:

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Manual Screening Cost

Based on time spent by the recruiter/hiring manager conducting the phone screening interviews manually.

1) Recruiter/Hiring Manager Salary:

• Assuming an average recruiter/hiring manager salary of $70,000 - $100,000 / year, which translates to $36.06 - $48.07 / hour
• Each phone screening interview takes approximately 30 minutes

2) Cost Per Screening:

• $36.06 / hour x 0.5 hours = $18.03 per phone screening interview
• $48.07 / hour x 0.5 hours = $24.04 per phone screening interview

3) Total Screening Cost:

• The cost to complete each phone screening interview is approximately $18.03 - $24.04

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Recruit AI Screening Cost

Based time spent by the recruiter/hiring manager conducting the phone screening interviews with Recruit AI.

1) Pricing:

• Recruit AI charges $3 per successful phone screening interview

2) Benefits:

• Let's companies with limited or no hiring team scale quality hiring
• Phone screening is accessible 24/7 for candidates
• Consistent information captured for each candidate:
  • A summary of the conversation
  • Ratings on key qualification metrics
  • Full recording of the conversation
  • A transcript of the conversation
  • Provided documents i.e. resume, cover letter, etc.
• Ensures fairness to all candidates from a DEI perspective
• Additional candidate data points prior to committing valuable time from the hiring team

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Cost Savings Breakdown

Manual screening cost: $18.03 - 24.04 / screen

Recruit AI screening cost: $3 / screen

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Conclusion

Recruit AI saves you 83 - 87% or $ 15.03 - $21.04 per phone screening interview.