Strategic Approach Crucial for Successful High-Volume Hiring, New Research Reveals
TL;DR
Organizations with effective high-volume hiring capabilities are nearly eight times more likely to have a dedicated strategy compared to those with ineffective capabilities.
65% of successful organizations automate as much of the recruitment process as possible.
Investing in a well-defined approach and leveraging effective technologies can attract and hire quality candidates at scale, improving the hiring landscape.
High-volume recruitment is becoming the norm across industries, yet many organizations struggle due to a lack of strategy and the right tools.
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A new study by HR.com's HR Research Institute reveals that organizations with effective high-volume hiring capabilities are nearly eight times more likely to have a dedicated strategy compared to those without, yet few companies currently have such strategies in place. The comprehensive research, detailed in HR.com's State of High-volume and Hourly Hiring 2024, identifies key practices that drive success in mass hiring initiatives across industries where mass hiring has become increasingly common.
Among the successful organizations, 65% focus on automating as much of the recruitment process as possible and removing barriers to applying, while 64% prioritize developing a compelling employer brand and value proposition. Debbie McGrath, Chief Instigator and CEO of HR.com, emphasized the growing prevalence of high-volume recruitment and the challenges many organizations face due to a lack of strategy and appropriate tools. She stated that those who invest in a well-defined approach and leverage effective technologies are far more successful in attracting and hiring quality candidates at scale.
Outsourcing emerges as a popular approach, with 52% of organizations choosing to outsource at least part of their high-volume recruitment process. This strategy allows companies to tap into external expertise and resources, particularly when faced with the complexities of large-scale hiring. The primary partners for outsourcing include staffing agencies at 62%, job boards and aggregators at 57%, and temporary employment services at 45%.
The findings have significant implications for businesses across various sectors as the demand for talent continues to grow. Organizations that adopt strategic approaches to high-volume recruitment are likely to gain a competitive edge, leading to improved efficiency in hiring processes, reduced time-to-fill positions, and ultimately better quality hires. For HR professionals and business leaders, the report offers valuable insights into best practices that can significantly enhance their ability to attract and process large numbers of candidates effectively.
The study also highlights the potential benefits of outsourcing parts of the high-volume recruitment process, particularly for companies that lack internal resources or expertise in managing large-scale hiring initiatives. By partnering with specialized agencies or leveraging advanced recruitment technologies, businesses can streamline their hiring processes and improve outcomes. As the job market continues to evolve, the ability to effectively manage high-volume recruitment is likely to become an increasingly important differentiator for businesses seeking to build stronger, more resilient workforces capable of meeting the demands of today's fast-paced business environment.
Curated from Newsworthy.ai
