The fast paced and rapidly-growing economic environment can prove to be quite the hassle for companies who have brilliant business ideas but lack the needed personnel. We’re been around for 10 years on the recruitment market and we know what we’re talking about. Managers come to us because they know the struggle and know that outsourcing recruiting is the best option to go about. Here are only 5 reasons why companies outsource recruiting and you should do too.
# 1 A More Efficient Process
Especially if you’re a startup or small company that doesn’t have a recruitment function, outsourcing this process will prove to be way more efficient. First off, a recruitment agency has the know-how, the experience and the network of qualified people for the open position in your company. They not only screen for people who fit the job description, but also the cultural fit with special interviews that determine a person’s values and behaviors. And this makes it a more efficient and clean overall hiring process.
# 2 Reduced Costs
Hiring recruitment specialists or putting up a recruitment and screening function inside your company is very costly overall. And then you may not need new people as often, while the costs of keeping up the function are constant every month. Besides the labor costs, there will be other recruiting activity costs that will add up, such as advertising on job boards, background screening, applicant tracking systems, and recruiting technology. And when you draw the line it’s pretty clear that outsourcing recruiting is why more costly-efficient for your company.
# 3 Focus on Core Business
Having to recruit and hire new people may take resources from the core business operations. And you need to focus on the business and your goals. This is where outsource recruiting is the best road you can take. Keep your human resources productive and leave the recruitment process to a specialized team who knows their mission.
# 4 Lower Employee Turnovers
The turnover rate is the percentage of new hires that leave within a relatively short period, say the first month or two of the position. High turnovers usually happen when unspecialized staff attends to the recruitment and hiring process. When outsourcing the recruitment process for a position, the turnovers are consequently lower, which reflects in the overall costs of a company in the long run.
# 5 Finding the Right Person for the Job
In the end it all comes down to finding the right person for the job. And not even only this, but also keeping this person for the longest time in your company.
Finding the right candidate is not an easy thing to do when you don’t have the skills, means, and the people to do it, nor the experience. That’s why recruitment process outsourcing has proven to be one of the best ways to manage the challenges of attracting and hiring top talent nowadays.