Let’s be real, the job market is candidate-driven. With the boom in employment rates and less top candidates on the market, recruiting (the right talent) has gotten even harder. This is especially true for those of you that are managers, executives, or other hiring authorities and that have a lot on your plate. It’s just not realistic for you to read hundreds of resumes AND complete your daily responsibilities. This is where a recruiting firm can help you.
The sole responsibility of recruiting firms is to search for the best talent for your unique culture and your specific job requirements. Recruiting firms help staff 17 million temporary and full-time employees each year. Yes, recruiting firms do come at a cost, but the benefits of using a recruiting firm far outweigh the cost of using one. Here are three reasons why:
Save time and energy
Think about the last time you made a hire and estimate the amount of time and energy you put into it. The biggest attraction and benefit of using a recruiting firm is their ability to take the majority of the load off your shoulders. They focus full-time on getting to know what kind of cultural fit you are looking for, job experience and specific skills you want in your hire, and qualifying candidates so that you don’t have to. You have enough responsibilities to complete daily and weekly so wouldn’t it be nice to take away the stress of combing through resumes or staying late at the office searching for that perfect hire? You’ll be glad you chose to hire with a recruiting firm when you have found the perfect hire and you haven’t had to add more stress to your life.
Mis-hires are expensive
According to the U.S. Department of Labor, the average cost of a bad hire can be 30 percent of the annual earnings of that employee. So, if you hire a mid-level accountant that earns $70,000, the cost to you and your organization could be $21,000! Plus all the time you put into training, etc. for the employee. Recruiting firms qualify potential candidates based on your expectations and criteria so you only get interviews with the best fits.
Greater reach/vast network
Recruiting firms are extremely well connected and their ability to perform a search can be a great asset to you. They spend every day talking to candidates both locally and from all over the world, so their networks are huge. The recruiting firms that have been in business for many years have an incredibly vast network and reach so they can connect you with the best candidates. They also have tools to perform very specific searches and can have conversations with candidates that are already well-established at another job and turn their heads. Recruiting firms can give you the ability to connect with the top talent out there whether they are actively looking for a job or are already established at another job.
Are you ready to use a recruiting firm? If you are ready to save yourself time and money, then Recruiting Connection can help you! Connect with us and we will connect you with the top talent.