The Top 5 Advantages of Using a Recruiting Firm
The hiring and retention of qualified employees is one of the biggest challenges that businesses have to face. Not only is hiring the right individual an integral aspect of your company’s success, but it can also consume much of your time. This is where a competent recruiting firm can be a valuable asset to your company.
Let’s look at these five advantages of using a recruitment firm:
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- They only have one focus
- They weed out unqualified candidates
- They have connections
- They can Improve retention rate
- They save you time
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1. Only Have One Focus
While you wear a number of hats, a professional recruiter only has one focus. The sole objective of recruitment firms is to help employers find the best talent for their environment.
Because they have industry experience and a large database of talented job prospects they can connect you to the right workers much quicker than you can on your own. By allowing recruitment firms to focus on what they do, this will help you to focus on reaching the corporate goals of your company.
2. Weed Out Unqualified Candidates
You might conclude that just by posting an ad that you will receive a number of applicants. It may be true that you may receive hundreds of responses. But ask yourself: how many of those applicants will be a good fit for my company? You would need to spend countless hours weeding through job candidates that are unqualified. One advantage of recruitment firms is they do that work for you.
Consider some ways that recruitment firms help weed out the unqualified:
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- They review every resume to ensure they have the right technical skills
- They perform background checks
- They check references
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3. They Have the Connections
Recruitment firms have connections that you do not have access to. It is important to keep in mind that the right fit for your company may be someone who is excelling for one of your competitors. Such an individual is likely not going to respond to your classified ad.
Recruitment firms can help you to tap into this hidden job market. The relationship that your recruitment firm has with a potential job candidate can help them indentify an opportunity with your company. These connections can lead to a mutually beneficial business relationship.
4. Improves Retention Rate
A high employee turnover rate has the following adverse effects on your company:
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- Spending a lot of time and money on advertising, interviewing and hiring
- Spending a lot of time and money on training new employees
- Contributes to low employee morale
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By helping you find those individuals that are the right fit, recruitment firms can help increase your retention rate. This will help eliminate the costly and time consuming cycle associated with a high turnover rate.
5. Saves You Time
The hiring process can be very time consuming. Consider some of the different aspects associated with the hiring process:
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- Placing ads
- Screening applicants
- Interviewing
- Hiring
- Training
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Recruitment firms focus on these things for you. This frees up valuable time for you. This allows you to focus on other aspects of your business operations. When considering these advantages you can see why a recruiting firm can become an important partner in the success of your company.