Curated News
By: NewsRamp Editorial Staff
August 13, 2024
New Research Reveals the Key to Effective High-Volume Hiring Strategies
TLDR
- 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.
Impact - Why it Matters
This news matters because it sheds light on the importance of having a well-defined high-volume recruitment strategy for organizations to attract and hire quality candidates at scale. The findings provide actionable insights for HR professionals looking to improve their talent acquisition initiatives and navigate the challenges of today's hiring landscape.
Summary
Organizations with effective high-volume hiring capabilities are nearly eight times more likely to have a dedicated strategy compared to those with ineffective capabilities. Despite the clear benefits, few organizations currently have a robust high-volume recruitment strategy in place. HR.com’s HR Research Institute (HRRI) has released a comprehensive new report exploring today’s unique recruitment processes to uncover actionable strategies to help employers improve their talent acquisition initiatives under the increasing demands of today’s hiring landscape. The findings reveal a critical insight: organizations with well-defined strategies for high-volume recruitment are significantly more effective than those without. Further investigation identifies the practices that drive success with mass hiring initiatives. In addition, outsourcing high-volume recruitment is a common strategy, with 52% of organizations opting to outsource at least part of the process. This approach allows companies to leverage external expertise and resources, especially when dealing with the complexities of large-scale hiring. The primary partners for outsourcing include: staffing agencies (62%), job boards and aggregators (57%), temporary employment services (45%).
Source Statement
This curated news summary relied on this press release disributed by Newsworthy.ai. Read the source press release here, New Research Reveals the Key to Effective High-Volume Hiring Strategies