Success Story: Rio Tinto
As a global company, Rio Tinto needs to source talent from all over the world. Innovative solutions like HireVue allow us to quickly place prospective employees in front of hiring managers – with minimal expense and logistical effort. HireVue offers us great flexibility and a competitive edge in the crucial first stages of candidate interaction and attraction.
- Andrew P. Slentz, VP of People
The Challenge: Improve the Hiring Process and Save Money
Rio Tinto, a leader in the mining industry needed to interview candidates from around North America and the Pacific Rim in a cost efficient, more effective manner. Traditionally, recruiting and interviewing candidates consisted of an in-person interview following a resume screen. This had proven difficult to organize due to conflicting schedules of both hiring managers and candidates. The Company was spending an average of $800 per domestic candidate and $2500 per international candidate for travel and hotel costs to bring candidates in for an interview. Results from the interviews in many cases were mediocre and the interviews were considered wasted time by hiring managers. In addition, the interview process usually lasted 60 days or more because of schedule conflicts in organizing initial interviews.
The Solution: Interview Candidates Globally in a Matter of Days
Using a combination of HireVue Off-Site and On-Site video interviews, Rio Tinto was able to interview candidates locally and from around North America and the Pacific Rim within a matter of days. Additionally, each candidate’s interview was stored to a dynamic talent database and accessible by the Company at a later date in case a new position was opened that better fit the candidate.
The Results: Cut Time to Present by 50% and Save 77%
Rio Tinto improved their hiring process immediately by making it more efficient and worthwhile for managers to participate in interviews. They reported more success in the first face-to-face interview, since hiring mangers already had a feel for the candidates’ personality and both candidates and managers were more invested in the hiring process. “As a global company, Rio Tinto needs to source talent from all over the world," says Andrew Slentz, Rio Tinto's VP of People, "Innovative solutions like HireVue allow us to quickly place prospective employees in front of hiring managers – with minimal expense and logistical effort. HireVue offers us great flexibility and a competitive edge in the crucial first stages of candidate interaction and attraction.” The information that was collected in the HireVue video interviews included detailed written responses, evaluations and ratings by hiring managers. Rio Tinto managers were able to evaluate candidates from either the many locations that the Company had operations in, or where the hiring manager was traveling. HireVue delivered the interviews from around North America at a cost savings of 77.2% compared to the cost of bringing in candidates to the Company locations for first round interviews and cut time to presentation by more than 50%.