The bottom line is always a driver for making business decisions, and it couldn’t be truer when it comes to hiring. That is why more and more businesses look to recruiting companies to help them find the best candidates for the job. Time is a commodity that isn’t replaceable, therefore, hiring managers would much prefer to leverage their resources and save time connecting with candidates who are actively pursuing their job search. When there is a need for above average talent, the best solution is a recruiting agency that is experienced in finding the right person for the job.
Believe it or not, there is a considerable amount of voluntary turnover in the workforce, with the majority of workers quitting their job within six months of their start date. Those metrics are a good indicator as to the importance of making the best hire for a position. Some reasons for the high turnover goes beyond the control of an employer, but hiring managers can circumvent many issues relating to bad hiring.
Often, it’s an issue of time that makes the difference between hiring marginal employees or landing great talent. The best return on investment is to hire a recruiting firm who specializes in the area of business that you seek to recruit for.
Now let’s talk about what’s in it for companies that decide to give recruiting firms a shot.
Pre-screening is vital; it’s also one of the steps where many decision makers falter because of not being as thorough as they should be. Recruiters are trained not to take shortcuts in the prescreening process. The steps involve the initial phone communication with the candidate; based on how that goes; then there is a face to face meeting (in person or skype). During the pre-screen the recruiter is assessing the candidates fit for the role; this assessment reaches beyond technical skills and goes into culture fits as well.
Recruiters help you save time. They do the legwork and work on behalf of the company. In addition to finding the right candidate, they handle wage negotiation (based on company stated range) and depending on the type of role the recruiting firm is responsible for providing certain benefits. Although recruiting firms essentially take on the duties of a hiring manager, the company looking to hire is still in the driver’s seat. The company will always have final approval of the candidate, salary terms, and any other vital matters relating to the new hire.
Many talented people are looking for new job opportunities, and a top firm has a large talent pool that is vetted. Recruiting firms also pursue passive job hunters who (given the right scenario) would be willing to make a job change. Top recruiting firms also have a network that includes talent suitable for hard to fill positions. At HIRECLOUT, we have regular marketing campaigns explicitly designed to ensure we keep adding the best-skilled talent to our professional talent network.
Here are a few things to keep in mind when deciding to acquire a recruiting search firm:
Have realistic expectations when it comes to the new hire. The recruiter will do their best to make sure the most qualified candidates are presented for an open role. However, it is essential to keep an open mind about what is acceptable and unacceptable; i.e., skillset, skill-level, learning curve, etc. The information can be used as metrics to help make the process easier and reduce the time it takes to secure the right person for the job.
Recruiting firms may offer the same types of services, but it doesn’t mean the same outcome is guaranteed. Be sure to research and compare the firms’ offerings. For example, if your need is to find a great Java Engineer, then it’s probably not a good idea to use a recruiter that placed CPA.
Recruiting firms like HIRECLOUT, offer several services, the costs associated with each service varies. Make sure to be as transparent as possible when discussing your needs. Only then can the best service option will be presented that will fit into your budget.