VioResume video profile feature can save both money and time for both job seekers and employers in several ways:

1. Faster Screening: For employers, reviewing traditional resumes and conducting initial phone screenings can be time-consuming. Video profiles provide a quick and efficient way to assess candidates' suitability for a role. Employers can watch short video introductions and get a sense of a candidate's personality and communication skills within minutes, reducing the time spent on initial screenings.
2. Reduced Interview Costs: Traditional in-person or even virtual interviews can be expensive and time-intensive, especially for employers who need to coordinate schedules and sometimes fly in candidates. Video profiles help identify top candidates early in the hiring process, reducing the need for as many interviews and the associated costs.
3. Global Reach: Video profiles enable job seekers to apply for positions anywhere in the world without the need for travel. This saves both time and money for candidates who would otherwise have to incur travel expenses for interviews or relocation costs for a new job with CV Builder.
4. Efficient Candidate Self-selection: Job seekers can use video profiles to present themselves more effectively, ensuring that they are a good fit for the positions they apply for. This self-selection reduces the likelihood of job seekers applying for roles they are not suited for, saving employers time spent on irrelevant applications.
5. Enhanced Candidate Engagement: Video profiles allow candidates to express their enthusiasm and passion for a role more vividly than a traditional resume. This increased engagement can lead to faster decisions from employers, reducing the time it takes to fill a position.
6. Streamlined Recruitment Process: By incorporating video profiles into the recruitment process, employers can streamline their hiring processes. This means fewer administrative tasks, less paperwork, and a more efficient journey from initial application to final selection.
7. Data-Driven Decision-making: VioResume's platform may offer analytics tools that help employers track candidate engagement with video profiles. These insights can inform hiring decisions, enabling employers to focus on the most promising candidates and potentially reducing time wasted on candidates who are less engaged or qualified.
8. Reduction in Bias: Video profiles can help reduce unconscious biases in hiring by providing a more holistic view of candidates. This can lead to more diverse and inclusive hiring practices, ultimately saving employers the costs associated with discrimination lawsuits or reputational damage.

Overall, VioResume's video profile feature can contribute to a more efficient and cost-effective hiring process by accelerating candidate screening, reducing interview-related expenses, and improving the overall quality of hiring decisions. For job seekers, it can also lead to faster job placements and reduced expenses associated with job searching and interviews.