Three Benefits of Partnering with a Professional Recruiting Firm

In today’s world, hiring can be tough. With a limited candidate pool to pull from but an endless sea of recruiters, it can be hard to find and connect with the right talent. In a tight labor market like the one we’re seeing currently, jobseekers have the luxury of being picky. If they don’t like one company’s job offer, they can easily find another. But what makes an applicant choose one job over another? According to pwc, it turns out that as many as 49% of candidates decline a job offer due to a bad recruiting experience.?

Making good impressions on applicants at each point of contact is essential. Unfortunately, the standard that most jobseekers expect can be hard to achieve. Some companies find that they don’t have enough time, money, or employees to devote toward the hiring process. In fact, it costs about $4,700 on average to hire an employee and takes about 39 days from start to finish according to Zippia. There’s a lot of costs associated with hiring that aren’t always account for either such as the cost of job board postings, advertisements, sign-on bonuses, employee relocation, and more (What Is The Cost Of Hiring Employees). Sometimes companies find increased recruiting success in correcting their internalized processes, but many continue to struggle with finding and retaining good employees.

When you’re faced with these challenges and feel like nothing is working, you might want to consider outsourcing your hiring process. Partnering with a professional recruiting firm is a sure way to see improvement in the efficiency and efficacy of recruitment at your company. If you need to be convinced, here are three reasons you should hire a professional recruiting firm.

1. It will save you a whole lot of time and money. As mentioned before, hiring a new employee is a costly and time consuming endeavor. Partnering with a recruiting firm will save you a ton of time and a lot of money in the long run. Those extra resources that you save can be funneled into other projects and operations that are essential to your business.?
2. Recruiting firms have access to data and talent that you may not. Not only will you be saving time and money, but gaining access to new resources as well. The biggest benefit that recruiting firms bring to the table is their expertise and access to key market data and unique hiring pools. These firms have tens of thousands of connections in various industries and are skilled at sifting through applicants to find talent that fits with your company.?
3. You can gain credibility as a company. For smaller businesses or startups, partnering with a professional recruiting firm can bring more visibility and credibility to your company. Since many of these firms have been in the business for awhile, they have accumulated a reputation, and you can use this to your advantage. Working closely with a reputable recruiting firm will signal that you are also a trustworthy company, and will also help grow awareness for your brand.

There are countless benefits to hiring a recruiting firm, and many ways in which it can add value to your company. But while all businesses can gain from a partnership with one of these firms, there are a few indicators of companies that should absolutely hire recruiting firms to avoid significant losses. For example, if you’re a smaller company with a workforce that is stretched thin, partnering with a recruiting firm can help you to free up your current employees for more important tasks. If you do decide to internalize the hiring process, it could lead to much longer wait times for applicants and a more stressful experience.?

As mentioned before, increased credibility is a benefit of hiring a recruiting firm, so startup businesses should also consider partnering with one of these firms. If you’re just starting out, this is a sure way to put your company on the map and to potentially receive endorsements.?

Finally, if you’re any company that is seeing low job acceptance rates or high turnover rates, you should consider hiring a professional recruiting firm. Often these companies have crucial insights into the hiring process and they can help determine the cause of these issues. Because they specialize specifically in hiring, recruiting firms are well equipped to help you find candidates who are a good fit for your company and who will stay long term.?

If you decide that hiring a recruiting firm is right for you, the next step is finding one that fits best with your company. There are all kids of these businesses out there with different prices, specialties, and experience. Some may specialize in recruitment within a specific industry, while others are more broadly focused. At Adilstone Group, we are dedicated toward helping companies around the globe find their next transformational hire.We have served many clients across various industries, giving us the experience to find the best candidates for your business no matter the industry. With over 22,000 candidates in our database, we know we can find your ideal match. If you’re interested in learning more about our services and what we have to offer, feel free to check out our services here.