Benefits of using a Recruitment Firm to hire top talent
A search for the best talent can lead to the right candidate, but it often ends up leading nowhere, or worse, to a candidate who ends up getting fired or leaving shortly after being hired.
The wasted time and effort can be discouraging, and the financial resources drained from the company while looking for the perfect candidate can be substantial. However, working with a specialized recruitment firm produces better results: more time, less wasted resources, and a candidate who will fill the role well.
Here are a few benefits of using a recruitment firm to hire top talent:
Save Time - Research says HR spends approximately 60 percent of their time sourcing and recruiting. Recruitment firms can save your current HR team and Hiring Managers time and effort looking for the right person. They can avoid having to post the position on various job boards, respond to emails and inquiries, sort through hundreds of resumes and CVs, read cover letters, and schedule interviews. A recruitment firm does all of that work for you so that your people can focus on what they do best: developing the business and satisfying their customers.
Passive candidates - They have access to passive job candidates who may not be actively applying on the job boards you’ve been posting on for weeks in hopes of finding the right candidate. A recruitment firm has access to a talent pool that companies cannot normally reach.
Finding the right fit - Good agencies take the time to learn about your company’s culture and specific goals. They are then able to do initial screenings to see if a particular candidate could be the right fit, before you do a full interview.
Bottom Line - A recruitment firm can prevent you from hiring someone who won’t be a good fit, which results in training dollars that are not wasted. Additionally, a recruitment firm can help you identify someone with the right skills and experience so that you don’t have to spend money on extensive training. When the right person is hired and on-boarded, there is much less of a chance of the new employee jumping ship or getting fired soon after hiring.
Reduces hiring cycles - Since recruitment firms are always hiring, they might already have the right candidate in their database or can find candidates quickly.
Avoid Productivity Loss- Productivity decreases when a position is open for a long time, which can cost the company more in the long run than hiring a recruitment firm.
Reduced Risk - Most recruitment firms provide a placement guarantee. This helps shield the organization from additional hiring costs if the first hire doesn’t work out.