The 2024 Hiring Insights Report: Manufacturing Edition from GoodTime highlights how the sector is embracing AI and automation to navigate a hiring landscape marked by labor shortages, a surge in specialized talent needs, and evolving work models.

San Francisco – March 26, 2024

Today, GoodTime released its 2024 Hiring Insights Report: Manufacturing Edition, revealing how talent acquisition (TA) teams in the manufacturing sector have turned to technology to counter hiring challenges.

Amidst a surge in specialized talent demands, particularly for roles like software engineers, the manufacturing sector achieved 44.3% of their hiring goals on average in 2023. The report, based on insights from 105 HR and TA professionals in the sector, shows a shift towards embracing technology to optimize hiring efficiency and improve candidate experience.

Key findings from the report:

  • 100% of manufacturing TA teams surveyed used some form of automation or AI.
  • 86% of TA leaders in the sector plan to invest in more hiring technology in 2024.
  • Persistent challenges include adapting to remote work, managing compensation expectations, and talent retention.
  • 38% of manufacturing companies reported layoffs in 2023.

Manufacturing’s strategic response:

In the face of massive hiring hurdles, the sector’s TA leaders have:

  • Integrated AI and automation in areas like resume screening and interview scheduling.
  • Enhanced the candidate experience and interview scheduling process.
  • Standardized hiring processes for improved efficiency and fairness.

“Manufacturing companies are not just adapting, but innovating at an impressive rate,” said Ahryun Moon, CEO & Co-Founder of GoodTime. “It’s a sector where balancing technological advancements with the human element isn’t just a strategy – it’s a necessity. This pivot towards AI and smarter hiring processes isn’t just about keeping pace; it’s about setting a new standard for how we approach talent acquisition in an industry known for its resilience and ingenuity.”

To download the full report, visit goodtime.io.

About GoodTime

GoodTime helps talent acquisition teams hire up to 50% faster by automating interview scheduling, candidate communications, and more. Hundreds of the world’s leading companies including Slack, Sony Interactive Entertainment, Lyft, Shopify, and HubSpot trust GoodTime to accelerate their hiring process while maintaining a best-in-class candidate experience.

With advanced features like multi-day and panel interview scheduling, SMS and WhatsApp communication, workflow automation, intelligent interviewer selection, and powerful data and benchmarking reports, we’re helping enterprise companies cut their time-to-hire in half.

Learn more at goodtime.io.

Media Contact

For more information or to arrange an interview with Ahryun Moon, please contact:

Jake Link

press@goodtime.io

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About the Author

Jake Link

Jake Link is a business process automation expert and Director of Content for GoodTime. He draws on over 10 years of experience in research and writing to create best-in-class resources for recruitment professionals. Since 2018, Jake's focus has been on helping businesses leverage the right mix of expert advice, process optimization, and technology to hit their goals. He is particularly knowledgeable about the use of automation and AI in enterprise talent acquisition. He regularly engages with top-tier recruitment professionals, distilling the latest trends and crafting actionable advice for TA leaders. He has advised companies in the tech, legal, healthcare, biosciences, manufacturing, and professional services sectors. Outside of work, you can find Jake exploring the coastline of Massachusetts' North Shore with his dog, Charlie.