The Benefits of Recruitment Process Outsourcing
Recruiting to find a new member of staff for businesses can often be time consuming and expensive, and that’s if the process goes smoothly. With a competitive global job market and ongoing skills shortages it’s difficult for many organisations to find quality candidates with the right knowledge and attributes to match their business needs. Outsourcing all recruiting or just part of the process puts the reins in the hands of experienced recruitment consultants, saving businesses time and money. Below are four benefits to keep in mind when thinking about recruitment process outsourcing.
Reduced recruitment costs. Hiring the wrong person can be far costlier that hiring a recruiter.
It is a common misconception that it is cheaper to do recruitment in-house rather than outsourcing it to an external company. With so many ways to find candidates companies can spend a lot of money on job advertisements and still be unsuccessful in finding the right person for the role. An agency can reduce recruiting costs by streamlining the recruitment process. The end goal is to hire the most appropriate candidate. The best recruiting firms aim to find a loyal employee and will offer a replacement guarantee period typically 3 months.
Wider search pool of available talent. Have the advantage of engaging with the best of the best.
Recruitment agencies are able to offer a wider variety of candidates who would otherwise be off the radar of an in-house recruiting team or hiring manager. Consultants have the potential to leverage their networks to help businesses connect candidates who are not actively searching for a new role but always on the look out to advance themselves and take the next step in their career.
Team Fit. When you use a recruitment agency you are getting a candidate not an applicant.
A great candidate is much more than a combination of experience and education it is always important to take into consideration a candidate’s personality and previous accomplishments. Businesses often may be pressed for time when going through high volumes of applicants that they may not necessarily take a look at the qualities that determine whether or not the applicant is well-matched to their company’s culture. A large part of what agencies do is help to match employers and candidates based on not only what a business is looking for but also a candidate.
Reduction in the time taken to hire. Some of the top talent may already be registered.
A lot of people applying for specific roles will not be good matches hence a lot of time will be invested in filtering, assessing, matching and communicating with them for little to no return. Using a recruitment agency means that you see fantastic candidates who are ready to hit the ground running that have been preselected to match most if not all the criteria that you are looking for and are worthy of consideration and interview. Contract and temp hire roles can be filled at very short notice from an already existing pool of vetted candidates.
Article provided by Personnel Resources