HireRight AI

Hiring decisions are critical for MSMEs as each new employee can significantly impact business productivity, growth, and competitiveness—unlike larger firms, MSMEs rely heavily on lean teams where every hire counts. Poor hiring choices in this context can directly affect operational efficiency and financial health, making careful recruitment a top priority for MSME success

Hiring a new employee for MSMEs involves both direct financial costs (job ads, recruiter fees, onboarding, etc.) and indirect costs like productivity loss and time spent on selection and training. Average cost per hire is estimated at INR 50,000 but can vary; onboarding plus lost productivity often means HR teams and founders spend weeks or even months before new staff become fully productive, making the process both expensive and time-intensive for small businesses.

AI resume screening can cut candidate sorting time by up to 75% and fill vacancies faster, letting MSMEs focus more on interviews and business growth. It offers more consistent, unbiased evaluations and better candidate matching—helping small teams save money, increase efficiency, and hire quality talent even when resources are limited