High-volume recruitment signifies attracting and selecting talent in bulk to fill out a large number of vacancies as per industry demands. Organisations may have fluctuating demands for labour, for example in one season, a company has lower demand but in the next season, the demand for labour may rocket sky-high. In such cases, high-volume hiring solutions come into the picture where the recruiter resorts to finding applicants from a massive talent pool and screening and shortlisting them to meet the high labour demand of the company.
The Startup Scenario
If a startup factory proceeds with its business in a particular industry, it can initially raise the demand for workers, or blue-collar employees who form the base of the organisational pyramid. So, the factory will need to employ more working-class labourers to bring its production business on par with its competitors.
The Competitive Scenario
Competition prevails in the industry which can lead to companies competing with each other in terms of acquiring more clients and increasing their production processes. Over here, high-volume recruiting plays a major role where companies look to maximise their hiring of blue-collar employees to increase their productive capacity.
Labour Supply
Shortage increases demand within the industry and so is the case where adequate labour supply in one sector generates labour shortage and demand for more labourers in another sector. If a majority of the worker population is engaged with a particular sector, suppose at construction sites, it automatically will increase the demand for labourers in the building materials production sector. In such cases, the building materials production sector will look forward to hiring a workforce in high volumes to meet their production needs.
High-volume recruiting of entry-level and blue-collar employees has several advantages.
A Great Time-Saver as Well as a Cost-Effective Approach
Implementation of high-volume hiring solutions can be a cost-effective recruitment strategy as automated hiring solutions can save time during the application and screening process which involves a large number of applicants. Hiring candidates in bulk also saves costs which are generally incurred while individually recruiting applicants.
Helps Meet Seasonal Demand For Labour
With the progress of the industrial economy, there arises an ever-increasing demand for labour in the competitive sectors. This demand is generally seasonal and can vary occasionally. High-volume recruiting can prove to be of immense benefit to fulfilling the labour demand of the industrial economy as it ensures the supply of labour in bulk.
Helps in Business Expansion
Through high-volume recruiting of workers on a mass scale, if the demand for labour in a company gets fulfilled, it can help the company become more productive and expand into new markets.
Even though high-volume recruiting is advantageous to the industry, still it is not free from obstacles.
May Cause Communication Gap
When mass hiring, a communication gap between the recruiter and potential candidates may occur on account of which the recruiter may miss out on several deserving candidates or may miss out on providing timely updates to the applicants.
May Compromise with Candidate Quality
Often recruiters are stressed out and tend to get confused while high-volume recruiting. They may tend to ignore the basic qualities of applicants regarding their educational qualifications and experiences when hiring in mass volumes. This may lead to the hiring of candidates who are not fit for a particular job role.
May Affect Employee Retention
While high-volume recruiting and managing a massive talent inflow in the company, employees may get neglected with regard to training requirements, onboarding and orientation which, in turn, may cause job dissatisfaction and increased turnover.
The following strategies can help you overcome the challenges of high-volume recruiting.
Reach Out to Diverse Talent
It is a fact that diversity makes an inclusive workplace. If you hire diverse candidates coming from different socio-economic backgrounds and having varied qualifications and experiences, it will ensure you with a highly innovative and productive workforce empowered with the merger of all their creative ideas and perspectives.
To gain access to a broader and more diverse talent pool, you can consider registering yourself as a recruiter on various job portals that accept candidates from different social backgrounds, ethnicities, education and job experiences. You can also consider promoting your company as being an inclusive employer on social media or on your corporate website which will help you in attracting diverse talent.
Leverage Technology While Communicating
You can leverage high-volume hiring solutions in your applicant screening and selection procedures. Using applicant tracking systems and Human Resource Information Systems (HRIS) will help you communicate effectively and timely with your massive applicant pool by sending them bulk emails and updates concerning their recruitment steps.
You can also create an automated screening system where upon completion of a particular step, suppose the assessment step, the selected candidates will be immediately notified about their next step, which will be the interview round. This will reduce their waiting times and save them from inconvenience. Consider resorting to video interviews during high-volume recruiting as they can be less time-consuming compared to upfront interviews.
Create a Recruitment Revolution Through High-Volume Hiring Solutions!
A research study found a huge drop-off of candidates in the high-volume recruiting procedure and it further reveals that 46% of such drop-offs were just because they had a poor experience during their recruitment processes.
However, to every challenge, there is a solution just as we placed before you some ultimate solutions to the challenges you may face during high-volume recruiting. So, keep our guide handy to create a revolution in your bulk recruitment endeavours in 2024!
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