Outsourcing recruitment can offer several advantages to a company. Here are some reasons why your company might consider outsourcing its recruitment process:
Expertise at Lower Cost
Outsourcing recruitment to a recognised recruitment agency can be cost-effective, as these agencies will have expertise in sourcing and screening candidates efficiently in your sector. Recruiting is time consuming and you could be using up valuable time needed to operate your business on a day to day basis.
Faster Hiring Process
Recruitment agencies typically have a streamlined and efficient hiring process, which can result in faster candidate placements.
Focus on Core Activities
Outsourcing allows the company’s internal HR team to focus on strategic and core business activities rather than spending excessive time on recruitment.
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Access to a Larger Talent Pool
Wider Network
Recruitment Agencies specialising in particular industries have a good reputation, therefore, they will already have a large network of active candidates that may be interested in your job vacancy as well as registered passive candidates who have already had discussions with their preferred agency on the type of roles they will only consider should the right opportunity arise. Sometimes it takes someone neutral to discuss the benefits of changing roles. It’s a good idea to build relationships with certain recruitment agencies. Talking regularly to a recruitment agency to let them know your future plans is a positive way to build up trust with that agency so that when you are ready to hire they know exactly what type of individual you’re looking for. They could be contacted by individuals that just may be that perfect fit for your and your company, however. without giving the recruitment agency the time they may not think of you.
Scalability
Outsourcing recruitment allows companies to scale their hiring efforts up or down based on fluctuating business needs without the challenges of managing an in-house team size. Recruitment agencies can offer temporary hiring solutions to cope with your varied needs such as payroll solutions, holiday and pension entitlements.
Seasonal Demand
Companies with seasonal hiring needs can benefit from the flexibility of outsourcing recruitment during peak periods.
Candidate Quality Assurance
Agencies often have thorough screening processes, which can mitigate the risk of hiring the wrong candidate.
Global Presence
For companies with a global footprint, outsourcing recruitment to agencies with international reach can be valuable in sourcing candidates for diverse locations.
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Focus on Core Competencies
Strategic Focus
Outsourced recruiting is beneficial as it allows the recruitment agency to do what they do best, and gives you more time to concentrate on your core business. Recruitment agencies are designed to manage your entire recruitment process from start to finish.