If you’re the leader of an emerging company or work in an HR department, you’ve likely grappled with whether you should be handling hiring in-house or enlisting an expert to get the job done.
Here are a few reasons why partnering with a recruitment professional may be the best hiring strategy.
1. Reduce Cost Per Hire
When it comes to informing your recruitment strategy, cost-per-hire (CPH) is one of the most valuable metrics.
To calculate cost per hire, most HR professionals use the following formula: CPH = [internal recruiting costs + external recruiting costs] / total number of hires
When you think about all that’s involved in hiring – forming a recruitment strategy, writing job descriptions, advertising on job boards, reviewing resumes, screening applicants, conducting interviews, checking references – outsourcing the work and rolling all of your costs into one recruitment professional makes good business sense.
A reputable recruiter will already have a streamlined process, access to applicant tracking systems and recruiting technology, and the skills and expertise to find you the right fit, quickly and efficiently.
2. Focus on Core Business
When positions are vacant, and your team’s workload is more demanding than usual, ensuring operations run smoothly without distractions or disruptions to workflow is critical. When you work with a recruiter, they’ll take care of all of the time-consuming hiring tasks so that your employees can focus on the activities that matter most to your business.
3. Tap Into a Huge Network
It’s likely that your company only sources candidates for roles as needed, which means you probably don’t have a reliable network of talent with specific skills at your fingertips. Experienced recruiters spend years building relationships and growing their talent pools with highly-skilled, pre-screened candidates that best fit their client’s needs.
4. Reduce Turnover
Once a candidate is placed, and the employment contract is signed, the recruitment cycle doesn’t end. During the first 90 days, most people are deciding whether or not the role is the right fit for them, which makes a strong onboarding and retention strategy key to your new hire’s long term success. A recruiter can support you in developing an integrated strategy that involves every step of the recruitment cycle, from sourcing and recruiting to hiring and onboarding.
Interested in working with a recruiter to solve your most pressing hiring challenges? BullsEye Recruitment is here to help. With over 20 years of specialized recruitment experience, we offer a personalized service, matching industry-leading accounting and finance talent with exceptional Calgary employers.
Call now to get started!
P: 403.264.2242
E: trevor@bullseyerecruitment.com
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