By Ian Preddy, VHR
5. Extended Reach For The Best Talent
A recruitment agency will have access to the best talent available; this includes access to candidates that are actively seeking work, as well as talent that is currently employed elsewhere.
If you use a recruitment agency, you’re statistically more likely to access the best job-seekers on the market; candidates who are actively looking for a new job position are more likely to register with a recruitment agency due to their efficiency. Most agencies will position job vacancy adverts on a range of job boards, understanding the logistics and marketing value behind using each one – invaluable knowledge that can only be accessed from working in the recruitment sector.
Finding the right candidates can sometimes be difficult, simply because they can be hard to find. If candidates don’t position themselves as ‘actively seeking a job’ then they are most likely to have a trusted, specialist recruiter who commits to job applications on their behalf – that’s access to a ‘talent pool’ that may be unreachable otherwise.
Recruitment agencies have many networks – each consultant has the potential to leverage their networks to help connect you to the right people.
4. Saves Time
It’s common knowledge that in business, time is money; however, if you use a recruitment agency, you are saving time. Recruitment agencies save your business time because they take care of the initial steps in the hiring process. No more sifting through applications and CV’s, a recruitment agency will ensure that the time you spend in the application process is spent wisely on viewing those worth considering.
However, it doesn’t end there; a recruitment agency will then schedule interviews and prepare the candidates with all the information they need – all you have to do is prepare and turn up!
Recruitment agencies deal with all of the administration issues such as: communications with successful candidates and unsuccessful applications, as well as verifying candidate information like qualifications and references.
If a business chooses to use a recruitment agency then they will reduce the time and in-house resources needed for recruitment dedication; this can lead to a quicker turnaround in filling vacancies and an increase in the efficiency of the organisation.
3. Additional Services
Recruitment agencies conduct background checks on candidates, which is essential when considering potential employees; this can be really time consuming as it involves following up on references, conducting preliminary interviews and making sure the candidate matches what they promise on their CV. Another reason as to why you should use a recruitment agency is because a business can feel assured that any candidate you meet has already passed the provisional tests as part of the additional services.
It’s important to consider the additional services provided by a recruitment agency when choosing which to go with, for example: psychometric tests, contract and permanent recruitment, executive search, project support and managed services are all beneficial facilities provided by the best recruitment agencies.
If your business has a job position available with an uncertain salary, a recruitment agency is ideally placed to give you an accurate market rate using salary data and local market knowledge. Most recruitment agencies will use website’s such as Glassdoor and Indeed to benchmark salaries and expected candidate rates.
2. Expertise: Market Knowledge
Often, your candidate requirements may be specific and difficult to find; this is where a recruiter’s industry expertise and market knowledge proves to be priceless. For example, if you are hiring a manager then you may need an expert opinion and knowledge of current recruitment legislation – the agency should know all the relevant requirements and legalities applicable.
Once you have developed a relationship with a recruitment agency that you trust, your future hiring’s will be easier as the agency will be aware of the qualities that are needed to make the right fit within your business. The best recruitment agencies will act as partners and collaborators, and will be your eyes and ears in the market.
Recruiters are industry specialists in their markets, and can give the hiring team regular insight in to what is happening. These recruiters will know: how to reach out to the best available talent, salary rates, career expectations, current hiring complexities, available skill-sets and shortages. For example, if there is a struggle to find the same quality of candidates in other relevant businesses, then expert recruiters will be able to advise on alternative solutions.
1. Short-term And Long-term Cost Savings
Recruitment agencies will have allocations on the all the top job boards, so you can ensure that your business’s job advert is in the correct place – posting single one-off jobs with advertising agencies can be expensive.
The cost of sifting through CVs and conducting initial conversations adds up, however if business’s use a recruitment agency then not only is that cost reduced, but there is also the ability for the recruiter to help negotiate the best salary (giving both guidance and advice on what is fair pay) resulting a greater chance in hiring the top candidate.
Short term costs saved:
-Posting job adverts – cost removed
-In-house staff can perform their other duties
-Reduces potential overtime costs (temporary hire/overtime periods)
-Reduces the likelihood and cost of hiring a candidate unfit for the role
Long term costs saved:
-Reduces training costs (some recruitment agencies offer candidates the chance to learn field-specific regulations whilst searching for a job)
-Future hiring costs are reduced due to trustworthy relationship with recruitment agent