5 Reasons Why You Should Outsource Your Recruitment
Get top talent and gain more efficiency while you outsource your recruitment.
“Sourcing and finding people is the most important. You can’t recruit, message, or network with someone you haven’t found.”- Glen Cathey, SVP Talent, Strategy and Innovation, K force.
The above mentioned quote not only rings the correct bells but also reiterates the fact that today hiring new employs can be a tedious and expensive process. Instead of taking out time from their business doing interviews and looking for candidates, many companies are bending towards recruitment outsourcing companies.
Outsourcing recruitment is relatively a new concept but it is growing fast. The structure of recruiting is the same just improved to be more productive. The recruiters are experts at finding the best candidates. By doing immense and extensive candidate research, recruiters provide best candidates available thereby taking the pressure off companies to recruit and companies can focus on their core jobs.
If you are still not convinced, here are 5 reasons why you should be outsourcing your recruitment:
- Reduces recruitment process outsourcing pricing
All companies, from start-ups to well established ones spend a lump sum amount on their recruitment needs. Hiring a new employ can add up to various expenses on the company’s budget such as uploading jobs on site, screening each candidate, hiring in-house recruitment. All these expenses can be bunched into one by outsourcing your recruitment to a RPO agency. So, companies can hire recruitment at fraction of the cost.
- Quality hiring
Screening and sourcing is a time consuming job, much in-house recruitment has to do micro-management while recruiting. This takes away time from HR department to focus on their responsibilities. RPO agency’s sole purpose is hiring the candidate, they have an extensive process of screening and finding quality candidate. Getting the best candidate becomes a part of RPO.
- Turnover rate decreases by a margin
High turnover rates can hit the company’s budget in the long run. This shows an incompetently run in-house recruiting department. High candidate turnover does not mean there is a problem in the company, just a poorly run recruitment process. Recruiter capability of understanding which candidate will be fit for particular role is extensive. They have vast experience on which candidate will stay in the company and who will not be able to handle the pressure.
- Scalable recruitment
Companies experiencing rapid growth or increase in seasonal hiring period make it burdensome for in-house recruiters to keep up. During this process, companies hire additional HR. After the seasonal spike goes out of season, a company is left with a surplus of HR with no roles for them. During this process recruitment outsourcing companies is the best option it can increase the scale of recruitment during seasonal spikes and can very easily scale it back down as required.
- Competitive advantage
Small companies and start-ups do not have facilities to compete with large scale companies. By outsourcing their recruitment they can ensure to get good candidates quickly. RPO Agency will help them get qualified candidates that they may not get on their own. As most candidates look for larger companies for job. RPO companies provide equal opportunities to for small companies to catch up.
The trend of offshore recruitment companies are growing fast. It gives an edge to companies and keep you well informed through the entire process of the recruitment. If you feel you have little control over your recruitment process, it time to consider outsourcing your recruitment.