Have you been wondering how to solve your challenges with quality of hire in your high volume hiring landscape? Unemployment is at a low, and it’s time to take action to ensure you hire the right people.
The landscape around high-volume hiring
Look at the lines representative of “unemployment” and “jobs added” in America from 2008 to 2017:
2009 wasn’t a great time for companies, as they were immediately post-recession and laying people off like crazy, hence the 9.9% unemployment rate. Only about 129,000 jobs were added on average per month. You could argue that’s a good time for recruiters, though: while their companies might be in a hiring freeze, there’s still a huge amount of available talent on the market — at least 1 in 10 people, and more not represented in these stats (i.e. Continue reading
Amazon is making headlines this week for their high volume recruitment of 50,000 employees.
High volume recruitment generally refers to filling a larger-than-average number of positions in a relatively short time frame – although most companies don’t come close to requiring as many people as Amazon!
While the average job posting receives 59 applicants according to Jobvite, a high volume recruitment role typically receives 250 or more applicants.
This is most common in retail and hospitality, but it occurs in other industries as well. For example, Lockheed Martin recently did high volume recruitment for new F-35 fighter jet jobs.
Both Lockheed Martin and Amazon took the approach of “on the spot” job fairs. Continue reading
McDonald’s made headlines recently in their high volume hiring of 250,000 employees for the summer. Job seekers can apply on McDonald’s Snapchat career page via 10-second Snaplications.
This is just one example of how companies are responding to the growing challenge of attracting, hiring and retaining talent for high-demand, high-turnover roles in today’s tighter labour market.
If large, established companies like McDonald’s are innovating their application process and candidate experience, it’s clear we all need to step up.
Here are 4 innovative strategies to optimize your high volume hiring. First, a brief introduction.
High volume hiring
High volume hiring is the practice of hiring for a large number of open positions in a given time frame. Continue reading