5 Benefits of a Using Recruitment Agency
Your business may not have used a recruitment agency before - some people believe that it costs more money to use a third party recruiter than to find candidates in-house. But this isn’t often the case - you may be able to save money by using a recruitment specialist.
There are a number of other benefits in terms of using a recruitment agency, such as getting access to industry expertise. We’ve outlined five of the top advantages below!
1. Find Quality Candidates
One of the best things about using a recruitment agency as a business is that you’ll have access to a huge range of candidates. Most agencies have a large database of CVs and lists of candidates to hand, which they can easily search through in order to find a suitable candidate for your organisation. In some cases, these individuals will have already been assessed and interviewed.
The best recruiters will also be able to spot abilities and other traits that you may not be able to see on paper. For instance, when they speak with candidates, they can ensure that these individuals would align with your company values. This can lead to more successful retention rates, saving you money on hiring new candidates, as well as reducing stress!
2. Save Time and Money
Recruitment can be expensive. In fact, according to Glassdoor, a website which allows employees to anonymously review companies, the average cost of hiring a new employee is £3,000. This includes things like the job posting itself, as well as the time of the hiring manager. It can therefore be much cheaper to use a recruitment agency. If they are unable to fill the position, you won’t be charged a fee, and if the role is filled, the commission rates tend to be cheaper than hiring someone using internal resources.
In terms of how long it takes to hire a new member of staff, the average employer spends around 27.5 days looking for the right candidate. However, with a recruitment agency, this time can be significantly reduced. As the candidates will already be there, you won’t have to waste time tracking them down! Not to mention the fact that the applicants you’re reviewing will all fit your criteria - you won’t have to read countless CVs to determine which candidates would be suitable for the role.
3. Extended Reach
This is particularly important if you're looking to fill a more niche role. In these cases, it can be quite hard to track down a qualified candidate. But with a recruitment agency, you should be able to reach a wider audience. Not only will they be able to contact their network of candidates, recruitment specialists may also have access to passive talent.
Passive talent is where candidates are not actively looking for a new job, but would be open to the possibility. These people can be difficult to find. While lots of people with a LinkedIn profile, for instance, are open to networking in their industry, this doesn't mean that they want to leave their current employer. Recruiters generally know how to reach passive talent, and perhaps more importantly, know how to convince these individuals to make a change.
4. Get Access to Industry Expertise
With a recruitment agency, you’ll have access to specialist knowledge and expertise. Recruiters will often have in-depth knowledge of things like salary rates, the most valuable skill sets, current hiring conditions and difficulties, as well as employee’s career expectations.
Recruitment expertise can be particularly helpful when you’re looking to hire someone for a role you’re not particularly familiar with. As a business grows and develops, you may find that you need to recruit for more specialist roles, and a recruitment agency will probably be better placed to find suitable candidates.
5. Maximise Your Potential
Another benefit of using a recruitment agency is that you can start to build a relationship with them. As this relationship develops, and they get to know your business better, such as your ethos and values, the agency can help you maximise your potential. A recruitment agency doesn’t just find qualified candidates, they can also provide you with support and expertise which can help your business grow.
It’s also good to bear in mind that finding the right people for a role is exactly what a recruitment agency does, every day. We write engaging job descriptions, to ensure the maximum number of people apply, we do initial screenings, and we provide advice about the interview process. Essentially, we’re here to support you every step of the way, making sure that we meet your hiring needs.
If you’re looking to work with a team of recruitment experts, Pineapple Recruitment would love to hear from you! Get in touch with us today, and we can discuss your hiring requirements.
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