Finding the right hire for your organisation can sometimes feel a little like looking for a needle in a haystack. But when you’re hiring at scale, finding 100 perfect ‘needles’ amongst potentially thousands of applications really can feel like an impossible task.
Giving each application the attention it deserves with the limited time available is an all but impossible task without the use of recruitment software. Hiring needs to happen fast in this competitive marketplace and the use of technology in talent acquisition can gain HR teams huge efficiencies. So, how does it work?
What challenges do companies face with high-volume hiring?
As we’ve mentioned, large scale recruitment often leads to overwhelmed HR teams, delays in candidate selection and inconsistency in hiring decisions. Managing thousands of applications without efficient recruitment technology can slow down your entire hiring process, causing costly holdups and potentially leading to compromising on candidate quality.
How does recruitment technology improve the efficiency of high-volume hiring?
Gone are the days of manually sifting through a pile of cover letters and CVs. Screening and shortlisting candidates using the right hiring technology often takes less time than it takes to start up your laptop.
The technology used in the recruitment and selection process performs initial candidate screening with ease. An Applicant Tracking System (ATS) matches designated keywords from your job description to applications for effortless and speedy shortlisting of multiple applicants.
This smart recruitment tech also enables you to move candidates in bulk through the system – ideal when you’re hiring at scale.
Want to take things a step further? Look to the new technology in recruitment – AI powered ATS software provides a percentage match score and smart summary for each application, making shortlisting even easier.
What role does AI and automation play in high-volume recruitment?
Automation is now an imperative when managing large candidate pools. Designed to streamline workflows and reduce repetitive administrative tasks, recruitment technology also enhances the candidate experience.
Scheduled, automated communications and a more cohesive application process provide more consistent and equitable hiring – relieving the intense burden on HR teams hiring at scale and growing the employer brand.
The arrival of AI tools has further optimised automation, matching candidates beyond keywords, and using advanced data analysis to predict hiring outcomes, spot skills gaps and further reduce bias.
How can recruitment technology reduce time-to-hire in high-volume recruitment?
The automation of hiring workflows accelerates the hiring process by speeding up tasks like shortlisting, interview scheduling and pre-employment checks. Effective systems will offer a central dashboard which enables HR teams to view all live vacancies at a glance, trigger actions by hiring managers and allocate tasks with ease. All of which reduces bottlenecks, assisting businesses in securing top candidates before their competitors.
What is the importance of the candidate experience in high-volume hiring, and how does technology help?
Employer brand is crucial when it comes to recruiting at scale. So, it’s crucial the candidate journey is a good one. Ensuring a continuous flow of candidates is reliant upon applicants (successful or unsuccessful) having a positive experience with your company.
Using recruitment technology to support large scale recruitment streamlines the entire hiring process. It enhances candidate communication, providing regular status updates, offers the convenience of self-serve interview scheduling and promotes a fair and equitable hiring process – all of which lead to improved candidate satisfaction rates.
What types of recruitment technology are most effective for managing large candidate pools?
Whilst many HRIS systems offer a hiring feature, a dedicated ATS with AI powered screening features and bulk actions is the ideal for managing large candidate pools. ATS systems offer a consistent, high-quality recruitment process which reduces the admin burden and optimises workflows.
A customisable ATS, as opposed to an off the shelf solution, will also allow hiring teams to tailor workflows to fit their process, not vice versa; an important distinction for large volume employers with a well-established hiring process.
How do recruitment technology companies support businesses in scaling their hiring process?
Recruitment software providers offer tools that scale with your company’s hiring needs – from adapting to seasonal demands to overall company growth. No matter the volume of your hiring, effective technology solutions will adapt to support your growing needs.
Some recruitment technology providers also offer extra support to high-volume recruiters, such as providing candidate attraction expertise or exclusive job boards rates. Some will also offer extra support for seasonal peaks, as we do with our legal partners’ graduate programmes.
How can organisations measure the ROI of recruitment technology in high-volume hiring?
Your existing recruitment technology should offer metrics to track Key Performance Indicators (KPIs) like time-to-hire, cost-per-hire and quality of hire; letting you measure and assess your Return On Investment (ROI).
If your technology has advanced data analytic software features it should also be able to identify skills gaps, highlight subtle patterns in your hiring and provide metrics to inform and further refine your hiring process. These insights improve overall recruitment outcomes as well as measuring the efficacy of your hiring software.
Leveraging the benefits of powerful, bespoke, AI-driven ATS software will undoubtedly ease the pressure on HR and Hiring teams involved in large scale recruitment. Harnessing key features, such as screening tools, bulk actions and task management will not only help teams gain huge efficiencies in their hiring process but will also elevate and improve the candidate journey.
If you’d like to learn more about how our fully-bespoke, customisable, AI powered Applicant Tracking System could help you re-imagine your recruitment needs – then Reach out for a demo today.