Recruiting a new member of staff can be a time consuming task and hiring decisions shouldn’t be taken lightly. You need to think realistically whether your team have the time an expertise to find the best individual to join your business.
If the answer is no, then you may want to consider outsourcing your recruitment. After all, it is a recruiters job to find the best candidate available, so they will be equipped with the experience and resources to fill the position quickly and efficiently. If you’re not sure about whether you should outsource your recruitment or not, here are a few reasons it could benefit you.
1) Focus on core business
Taking time out to focus on recruiting new employees can result in neglecting your usual job, that could be important to the running of the company. By outsourcing your recruitment, you can leave the job to the recruiter while you attend to your usual business.
2) Improve the quality of hires
You may find that you have trouble finding and recruiting qualified candidates by yourself. This isn’t necessarily a reflection of your capabilities or the salary being offered, rather an indication that you aren’t searching in the right place. Recruiters are experts at seeking out the best candidates on the market. They know where to look, what qualities to look for in an individual and how best to approach people about a job; making them qualified to speed up the process and improve the quality of hires.
3) Reduce costs
It is easy to say consultants are expensive. Bad hiring can be much more expensive, in terms of poor revenues and lost market share. Inhouse recuiting cost too, from labour, to posting ads on job boards and pre-screening, screening, organizing interviews etc. By using a professional the cost is all rolled into one, but more importantly you are getting a service and approach, the bredth and depth required to really scann the market for the best talent. Outsourcing can also give you a guarantee that inhouse cannot. We are not avocating to outsource all recuritments, basic hiring can be done in-house.
4) Keep up with demand
Fast growing companies may find it hard to keep up with the recruitment needs and demands that they are facing, as they don’t have the time and resources to manage it in house. Recruitment consultants will be better geared for handling a high volume of roles at one time, as well as having the advantage of being able to dedicate all of their time to it, rather than juggling it alongside other duties.
5) Reduce turnover rate
A poorly run recruitment process could be to blame for a high turnover rate which can have financial implications for a business, as well a disruptions to productivity and ongoing projects. A high turnover may not necessarily be a reflection on your company in general, as it may just indicate that candidates just aren’t a very good fit for the company, would could come as a result of a poor recruitment process. Good recruiters are well practiced in assessing what kind of people will be suitable for a certain role, conduct reference checks and overall, follow a rigourous process. Hiring should not be left to a good « gut feeling ».