Employing a recruiter can be a cost-effective and efficient method of hiring when compared to internal recruitment as long as you get the most value from the agency you choose to work with.
When recruitment isn’t an ongoing procedure (e.g. for smaller companies) internal recruitment will likely be a burden on the staff and a burden for either the HR manager or hiring managers. For larger companies, hiring an agency for recruitment is the most effective method to gain access to the pools of highly skilled employees who are not looking for new jobs.
Then, here are the top advantages of using an agency for recruitment:
Tangible Time Savers
An agent for recruitment can save you a lot of time perusing through applications which means you’ll only need to spend time looking through the ones you are interested in
Interviews will be scheduled by them You just need to show up and prepare
They will handle every administrative issue, including communicating with applicants in all forms and applicants, including notifying unsuccessful candidates and giving feedback; checking the information of applicants (e.g. references and qualifications)
Efficiency
The recruiter will gather the questions of candidates to ensure that you are able to manage them all at once
Their in-depth market analysis can help them advise you on job opportunities and negotiate offers on behalf of you if they are asked to do so.
They will be able to manage the procedure smoothly, compared to the in-house staff who might have no experience in the best practices procedures
The temp and contract roles can be filled with a the shortest notice (as the recruiter will already have access an extensive pool of verified candidates)
Along with the benefit of the time you save by employing a recruitment agency vs hiring in-house, you’ll be able to save some money.
Short-term cost savers
Reduces the cost of putting up most job ads
This eliminates the need for in-house staff who are able to continue to carry out the other duties according at their standard
Lowers costs for overtime by hiring temp workers through a recruiter agency is usually less expensive than hiring regular staff to be on call during peak times.
Reduces the risk and cost of an ‘unsuccessful employee’ (e.g. poor performance, training, re-hire).
Cost savers for the long term
Reduces the cost of future hiring Reduces the cost of hiring a new recruiter again because the agent already has the knowledge of your business, which means the process will be faster
Reduces costs for training: certain agencies provide candidates with the opportunity to develop their skills or study specific regulations for their field while searching for a new job which eliminates the need for your company to train them after they have arrived.
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