The recruitment process is a time-consuming, costly and high-risk process for businesses. One that requires significant resources, but rarely offers any guarantees. Employers normally appreciate the value of top talent - the individuals who can drive business forward and boost the bottom line - but in most cases, they need specialist support to manage the process and find them.
A recruitment partner can build your employment brand, improve your staff retention rates and reduce your recruitment costs. But just in case you're still not convinced; below are 5 top reasons for partnering with a Recruiter.
1. They find hidden talent
They are partners for both employers who are searching for talent and candidates who are on the hunt for their career. Recruiters live and breathe their market and operate as an intermediary between the two parties. The knowledge they hold about how to avoid a bad hire can be extremely valuable. The ideal candidate is often one who is not actively looking for a new opportunity however would be open to one if the right opportunity presented itself. These are referred to as ‘passive talent’. Recruitment agencies have a better chance of knowing who these people are, how capable they are, how to connect with them, and the right ways to incentivise them into making a move.
3. Save time & money
It's not a secret that in business, time is money. Sure, a fee is unavoidable when partnering with a Recruiter; however the extensive amount of time managers spend during a recruitment process is often overlooked - advertising, screening, interviewing, re-interviewing, background checking, negotiating, training and more. Employers frequently take these steps only to have to start the process all over again because they got it wrong the first time. End result - lost productivity, strain on your reputation and loss in revenue.
Your recruitment partner invests an extensive amount of time and resources in sourcing and attracting the right candidate for you. They conduct a thorough recruitment campaign, filter through candidates, check references and qualifications, conduct interviews, manage communication with successful and unsuccessful candidates, negotiate terms and schedule you meetings with a couple of the most talented options - all you have to do is turn up. This allows your in-house resources to focus on what they do best.
3. Industry knowledge
There is nothing worse than a company advertising a role below the expected market salary. It deters candidates and can negatively influence your image as an employer of choice. Recruiters have in-depth knowledge about their industry sectors. This gives you the benefit of tapping into their expertise and market insight regarding salary rates and trends to plan your recruitment strategy accordingly. The expertise you gain through recruitment partnerships will improve the quality of your hiring process, reduce risk, improve retention and ultimately, give you and your organisation a distinct competitive advantage.
4. They build your reputation
One of the biggest risks of managing a poor recruitment campaign is the damage it can do to your reputation. Candidates often report poor communication around their applications if they never hear from you, felt the process was demanding or poorly managed. Before you know it, word has spread and suddenly you may find it harder to attract the talent you need. Your recruitment partner markets your business to position you as an employer of choice.
5. Improve staff retention
Time and time again, we hear about candidates not lasting their probation period. Why? Because they aren’t the right culture fit for the business. Your recruitment partner is highly experienced in assessing the culture of your organisation and aligning these values with the right candidate. They are specialists in getting to know candidates beyond what's on their CV or Linkedin and understanding what makes them tick - their motivators, aspirations and goals. This ensures they are aligning the right person with the right job for the long term and in return improving your staff retention.
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