Strategic Approach Key to Success in 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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Organizations with effective high-volume hiring capabilities are nearly eight times more likely to have a dedicated strategy compared to those without such capabilities, according to new research from HR.com's HR Research Institute. The comprehensive study reveals that while strategic planning is crucial for success in mass recruitment, few companies currently have such strategies in place. The findings are detailed in HR.com's State of High-volume and Hourly Hiring 2024, which identifies key practices driving success in large-scale hiring initiatives.
The research highlights that 65% of successful organizations focus on automating as much of the recruitment process as possible and removing barriers to applying. This automation-first approach helps streamline operations when dealing with large volumes of candidates. Additionally, 64% of high-performing organizations prioritize developing a compelling employer brand and value proposition, recognizing that attracting quality candidates at scale requires strong brand appeal in competitive job markets.
Outsourcing emerges as a significant strategy in high-volume recruitment, with 52% of organizations choosing to outsource at least part of their hiring process. This approach allows companies to leverage external expertise and resources when facing the complexities of large-scale hiring. The primary partners for outsourcing include staffing agencies, used by 62% of organizations, followed by job boards and aggregators at 57%, and temporary employment services at 45%.
Debbie McGrath, Chief Instigator and CEO of HR.com, emphasized the growing prevalence of high-volume recruitment across industries and the challenges many organizations face due to inadequate strategy and tools. She noted that organizations investing in well-defined approaches and effective technologies achieve significantly better results in attracting and hiring quality candidates at scale. The research findings have substantial implications for businesses across various sectors, particularly as demand for talent continues to grow in industries requiring large-scale hiring.
Organizations adopting strategic approaches to high-volume recruitment are positioned to gain competitive advantages through improved hiring efficiency, reduced time-to-fill positions, and better quality hires. For HR professionals and business leaders, the report offers valuable guidance on best practices, emphasizing that focusing on automation, removing application barriers, and developing strong employer branding can significantly enhance an organization's ability to attract and process large numbers of candidates effectively. The study also underscores the benefits of outsourcing for companies lacking internal resources or expertise in managing large-scale hiring initiatives.
As the job market evolves, effective high-volume recruitment management is becoming increasingly important for business differentiation. Organizations that invest in developing robust strategies and leveraging appropriate tools and partnerships are better positioned to build stronger, more resilient workforces capable of meeting the demands of today's fast-paced business environment. Additional insights are available through the research webcast presentation What's Happening with High-Volume Hiring and Hourly Hiring in 2024?, which offers further analysis of this critical talent acquisition area.
Curated from Newsworthy.ai

