5 Ways a Recruiter Can Save You Time and Money
In today’s marketplace, finding and retaining the best employees is a serious challenge. Working with a recruiting and staffing agency can provide major advantages in securing the top employees you need. Learn how working with a staffing and recruiting firm can save you time and money while getting you the very best long-term staff.
Fill Open Positions Quickly
The longer you have an empty position, the more it costs your business. This may seem counterproductive, but there’s a concept known as turnover cost that comes into play. If the position pays $40,000 a year, it’s estimated that a vacant position can cost you up to $100,000 in reduced productivity as you lose the skills set of the lost employee while spreading their job duties among others. The longer it sits, the more it costs you.
The Initial Search
Using a recruiting firm can save you a great deal of time in the search itself. Finding a new employee is a lot of effort and responsibility and your management has other jobs to which they need to attend. First you need to draft a job description, create a posting, spread it around to various staffing sites and outlets, and then review resumes, and that’s all before the interview process even begins. Recruitment firms do nothing but find quality employees, taking the burden of the search away from your company and letting your management focus on other important tasks.
The Interview Process
Finding the right employee is rarely done based on a single interview. Consider the time and effort it takes to go through multiple rounds of interviews trying to find that perfect person. Using a recruiting agency to handle the early interview process can save you a great deal of time weeding out the initial undesirables and let you focus on the final few best candidates.
Save on Training
Training a new hire can be costly both in time and money. If you use an expert recruiting service to handle your hiring, however, you can have the peace of mind knowing that you’ve hired just the right employee with an ideal skills set, and that your training expenses will be minimized as a result.
Pay When Needed
Maintaining a complete hiring department for your company represents an ongoing expense in terms of salary and oversight which can drain your resources when it’s not needed. A professional staffing service can be brought in when you need them, and you only pay for the services that you use. This is one of the biggest cost savings you could ask for.
Benefits of a Recruiting Firm
There are a number of benefits to the use of a recruiting firm. It can save you a ton of time and money, streamline hiring, and allow you to find the perfect staff member for your needs. If you’re ready to work with an outstanding recruiting partner, check out our client services and contact us today!
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