Top 5 Reasons To Recruit Your Next Hires Through Recruiting and Staffing Agencies
Recruiting and staffing agencies help ease out certain pain points for businesses which cannot establish an HR department, at least in the initial stages.
For a business that is just starting out, setting up an HR department can be a tedious and an expensive task. The processes that need to be set up take a lot of time and effort and require a lot of trial and error to come to a perfect blend. Apart from the amount of money spent, there is no guarantee your HR department would be off to a flying start, for, your existing employees might get comfortable now but hiring new employees would be a challenge in itself.
If you end up hiring the wrong employee for your company, the results can be a tough affair. The cost of hiring can be offset only if you get the “correct” employee. This requires expertise to perform, which is where recruiting and staffing agencies come to the rescue. Such agencies have been practicing in this field for many years, and a majority of them are established too. These agencies come as a relief to a pool of SMEs who have to think twice before setting up an HR department for themselves.
1. They Help Save Resources
A major proportion of the cost spent in hiring new employees is during the process itself. Companies spend time discussing new openings, advertising costs for getting in applications, and internal hours spent screening, interviewing, negotiating, and re-interviewing new hires, leads to a total dysfunction in the company proceedings. This is a concern especially for small organizations, where there is no dedicated team for hiring people, and one employee would probably have to wear many hats. A hiring agency, therefore, would make perfect sense for you to hire the right candidates and get the most out of every single penny spent.
2. Time is Money
The hiring process takes up a lot of time, all of it precious when the organization is small, and all hands are on deck already. Getting a recruiting agency to do the laundry would mean you have more time to focus on other critical matters affecting the day-to-day functioning of your organization. Recruitment companies cut a large chunk of the process off, allowing you to pay attention to the intricate matters only. Running a company is time-consuming by itself, which makes it a smart business decision to let a recruiting agency shortlist candidates for that one important open position.
“Running a company is time-consuming by itself, which makes it a smart business decision to let a recruiting agency shortlist candidates for that one important open position.”
3. The Application Pool
With utilizing the services of recruiting and staffing agencies, you get the added advantage of a quality application pool. Your in-house HR department would never have the reach an agency would, and your managers would probably just post the open position on a handful of platforms, some which are inefficient. An agency, on the other hand, would “sell” your company to potential candidates, ensuring you get a good ensemble. They would advertise and attract applicants, while also making sure each channel used is efficient enough and offers an excellent overall ROI.
With a greater reach, people looking for opportunities in the job market would be able to view your opening, which would otherwise not be possible via the use of just one single platform. The more the candidates, the better your next employee, and what’s more, such agencies would also let you screen these profiles thus eliminating any objectionable candidates.
4. Recruiting and Staffing Agencies Know the Market Better
For recruiting and staffing companies to be successful, market knowledge becomes essential. The best agency would have a finger on the pulse, providing insight to the managers and at the same time tracking market needs and supply. A staffing agency would know what the salary rates are, what skill sets other companies look for and what the current hiring trend is. With better knowledge, they would be able to guide both the company and the candidate in the right direction, matching talents with resources and filling a gap. Your agency should be your eyes and ears in the market, while also being your partners.
5. Improve Employer Brand
Many SMEs do not have the option to spend on their employer brand, unlike large corporations and MNCs. A wisely chosen recruiting agency would help improve your brand by providing real insights to candidates; showing them what it is like to work with you, the culture in your company, and also the future potential here. Your employer brand is of significance, especially when it comes to hiring fresh graduates who are building their CV from the ground up. Ease of access and social media websites like Glassdoor provide some key information to applicants, which is why your recruitment partner must have all bases covered and should be able to answer any queries a candidate would have.
By choosing the correct recruiting agency for your company, you not only ensure the growth of your organization but also save up on time and money. Many SMEs now opt for the HR-On-Wheels services, making the management lean and proving to be a cost-cutter. As such, the leaner the organization, the greater their needs for further expansion, thus more people. With tightened budgets and streamlined services, going for an agency is a no-brainer.
Such agencies live and breathe recruiting, which makes it their job to find you the best suitable candidate for that opportunity in your organization. LinkedIn suggests that only 12% of the workforce are actually looking for opportunities and that 85% are open to hearing about newer opportunities, which is where such agencies come into the picture. These agencies approach candidates working for your competitor with a similar profile required and sell your company to them.
“LinkedIn suggests that only 12% of the workforce are actually looking for opportunities and that 85% are open to hearing about newer opportunities.”
Using the resources of recruiting and staffing agencies would bring down your month-long search to one which lasts just a few days. Smart decision making would involve knowing when and how to use their resources and how these resources would benefit you, the organization, directly. Your candidates must be handpicked, and a recruitment agency would do just that for you.
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