When a business is looking to employ a new member of staff it tends to have two options:
- Use existing staff members to hire the new employee, or
- Bring in an external recruitment agency to find candidates for you.
With the cost of hiring a new member of staff estimated at around £30k, it seems logical for companies to want to get the most out of their budget.
But why would a company choose to use a recruitment agency?
Size Doesn’t Matter
It’s often thought that the use of recruitment agencies is reserved for large companies.
With so many balls in the air, it makes sense for larger organizations to hand the task over to an external agency who has the time to focus on finding them the best candidate.
And when you also combine that with the fact that they generally have bigger budgets to work with, a recruitment agency makes sense.
But small companies can also benefit from hiring a specialist recruitment company.
In a smaller company, people tend to have a lot more responsibility in overlapping areas, and it may be difficult for staff to find the extra time to post a job, screen candidates, organize and hold interviews, and evaluate who’s going to be the best fit for the job.
In fact, despite the amount of time the hiring process can take, 85% of HR decision-makers admit their organization has made a bad hire, making in-house hiring much less cost effective than it can first seem.
An Agency Saves You Time
No matter the size of your business, time is always valuable.
A specialist recruiter will take the time to advertise your jobs in the right places, screen the applicants and vet their qualifications, before handing you a single CV.
This means you’ll only get qualified candidates who are the right fit for the role.
They will also work with you to schedule all of the interviews, and will perform all of the contact on your behalf, giving feedback and notifying unsuccessful applicants.
This makes the hiring process much simpler - all you have to do is show up to the interview and decide who’s the right fit for the job. The recruiter will handle everything else.
Specialists Know Your Industry
An important benefit of working with specialist recruitment agencies is that they understand the skills you’re looking for, and can filter candidates based on their suitability for the role.
Their expertise allows them to ask the right questions during the screening process, finding only the best qualified leads for your budget, and collating them for you to review in one go.
They also have expert knowledge of industry pay scales, and can advise you on the type of candidate you need for the job you’re trying to fill, whilst also making sure you’re offering a competitive salary and benefits to attract the right employees.
If you’re looking to fill contract or temp roles, a specialist recruiter has access to a database of candidates they can filter through to find you employees quickly.
This is particularly handy if your industry is seasonal, or if you’ve experienced recent business growth, and allows you to focus on running the business while they find the staff you need.
They’ll have a database of qualified candidates, ready to work at short notice, so all you’ll have to do is interview them and decide whether it’s a yes or a no.
They Provide Long Term Savings
The savings start almost immediately when you hire a recruitment agency.
They advertise your job across their network on your behalf, saving you the cost of having to pay to advertise the role, and the labour cost of having an employee post the vacancy and monitor applications.
But when you build a relationship with an agency, the hiring process will become more cost effective as your agency contact gets a better understanding of your business’s needs.
It may take some trial and error in the short term, but as the relationship grows, they will be sending you candidates you’ll find it difficult to choose between!
So, with all of these benefits, you may be wondering:
How Do You Choose The Right Recruitment Agency?
To make sure you find the best agency, and in turn the best candidates, here’s some pointers to help you in your search.
Pick A Specialist
It can be tempting to find the biggest recruitment agency you can in the hopes they’ll find a number of potential candidates for your role.
But it’s better to find a smaller agency who specializes in your industry.
Their industry knowledge will make it much easier to find candidates with the key skills you’re looking for, and they may already have your perfect candidate in their database looking for an immediate start!
Build A Relationship
Take the time to get to know your chosen agency.
The more a recruiter knows about your company, and the work you do, the better they can sell you to potential candidates; which helps them to find better candidates on your behalf.
It’s a win-win!
Be clear with what you want, and the time frame you’re looking to work to.
Recruiters will have a broad range of experience within their sector, whether it’s finding seasonal workers at short notice or a C-suite executive who needs a specific skill set, so make sure you’re clear about the type of employee you’re trying to hire.
A good agency will work to your business’s needs, so make sure you let them know of any specific requirements you have.
If you’re looking for an engineering recruitment specialist, Entech have over 20 years of experience in finding and placing top engineering talent at industry leading firms.
If you’re hiring engineers, get in touch with a member of the Entech team today and let us find you the perfect candidate.