Recruitment is a very lengthy process. It not only requires time but strains resources and finances to a large extent. According to an estimate, hiring an employee takes around $4,000 which can be very costly if you have a small business and many chairs to fill. If you are not a big company like Google or Tesla, you might not have thousands of applicants waiting for you to hire them. The cost of time and money in finding out new talent can be daunting. To avoid all this fuss and exertion, it is wise to get help from hiring agencies. Partnership with a good recruitment agency comes with many benefits. Here are four benefits of getting help from a recruitment agency.
- Save Time
The recruitment process can be very time-consuming. If you do not have an assigned department for this purpose, you will only waste your staff’s time. For small businesses, where employees’ time is already stretched thin, outsourcing the recruitment process can be very beneficial. Your workers may not have to spend their time strategizing advertisements, short-listing applicants, interviewing dozens of applicants for a single vacancy. This can become very stressful since it is a full-time job. Hiring a recruitment agency can save you time. Agencies do all the dirty work for you and provide you with the best candidate suitable for the job. Hiring agencies can turn your months-long hunt into a few days’ jobs.
- Save Money
Advertisements, booking a venue for an interview, and going through the whole recruitment process are certainly not cheap. It is not necessary that you find your required candidate in one go. You might have to redo the whole process all over again. It cost a lot of money. If you have a small business, you certainly cannot afford such expenses. It is true that hiring agencies demand fees, but that becomes a wise investment of resources rather than expenses. They pay for all the expenses required for the hiring process. In the end, they only ask for 10-12% of the employees’ basic pay. That certainly is economical.
- Fill Vacancies and Not Interview Slots
Another advantage of getting help from hiring agencies is that they provide you with the employee rather than a candidate. They look into your requirements keenly and fish out the best applicant from the pool of candidates that fulfill your desires. It may happen sometimes that you require someone for a job and none of your employees have a clue about it. You certainly cannot choose the best candidate. However, hiring agencies have experts that conduct interviews and select the best. Similarly, if you hire a fresh graduate who knows nothing of office work, you might have to hire again. Hiring agencies can provide you with seasoned employees, who know their job. They know their job and can help you improve your business by providing a great team.
- Avoid Cost of Training
When you hire a new employee, you want them to go through training and probation period. During this time, the employee learns about your business and trains to be a productive staffer. This costs time and money. The candidates provided by hiring agencies do not have to go through this period. They are well-trained by the agency itself. If one of your staff members needs a vacation or a medical leave for an extended time, you will certainly hire a temp. With temps, you need to keep an eye. This monitoring process is time-consuming. Consider consuming this time monitoring one of your senior employees who might be looking for upscaling. With hiring agencies, you can get a replacement easily.
