In today’s extremely tight labor market, time-to-hire matters. If you are too slow, you risk losing candidates who accepting another offer from another faster company. And the longer you wait, the lower the quality will be, as top candidates go elsewhere. Customers and employees will also feel the negative impacts of slow hiring if you are understaffed and struggling to meet demand.
New industry research stated that early experiments with artificial intelligence in talent acquisition have led to broader deployments, providing enhanced automation for TA operations.
That’s a fancy way of saying that recruiting teams using AI are seeing the value and beginning to use it even more. They might have started with a chatbot on their careers site or virtual assistant to help schedule interviews. Now, they’re implementing AI-powered sourcing or assessment processes.
High-volume hiring is a critical area of talent acquisition that is too often misunderstood. Companies face unique pressures when it comes to this segment of recruiting that require different strategies and solutions. According to Aptitude Research, 65% of companies have high-volume recruitment needs today. And as hiring ramps up and organizations look to scale, this percentage will likely increase.