Why partner with a Search Company?
Companies have partnered less and less with recruitment companies to fill vacancies in recent years. However, the search industry is still on the rise and many independent recruiters are joining the game. Last 2010, I joined a search company. I remember one of my mentors say that 10 years from now there would be a decline in the number of search companies. Worse, search companies may no longer be needed as companies would either set up their own search unit or innovations in technology would play a big part. That was about 7 years ago and today I just launched my search company.
Every day I would see a lot of job ads on LinkedIn, Face book, and the like, a clear indication that the industry continues to grow. Offering a fast and cost efficient way of sourcing the best talent. Clients need to evolve in line with the innovations brought about by technology but the need remains the same, to find and place the right candidates for their vacancies. My former boss told me that hiring is everything as it will cost you a lot if you place the wrong piece of a puzzle in completing a picture. I have experienced the same several times and it took us quite a while to regain what was lost.
Search companies not only offer sourcing; they also serve as your consultant/ adviser as they are aware of what is going on in the market place. They focus their efforts on attracting candidates thru marketing and targeting great candidates. A search consultant also has a wide network; they know candidates that they can vouch for as well as the budget that you should consider when hiring top calibers.
So what can a Search Firm can offer?
Recruitment Consultant Market Knowledge
As mentioned, best recruiters act as your advisers. They act as a collaborator and have the knowledge of what’s happening in the market. They know where to find the talents that you’re looking for, their skill set, their current rates as well as the show stoppers that they might encounter during the process and could give you alternative solutions.
They know who to Tap
Job portals and job ads are designed to attract a candidate so anyone can apply. Job matching hundreds of applications is another story and would definitely consume your time. The best recruiter won’t send you a bunch of profiles that fails to meet even your basic requirements. Targeted sourcing would save you time and would bridge you to the right candidate who has the necessary skills for the job.
Branding
Many organizations spend so much resource in developing their employer brand. They would partner with marketing agencies in order to develop such and these agencies would spend a lot of time to get to know you so they could showcase what you can offer. It would take a while. Best recruiters can represent you as an employer of choice. Your consultants can answer and clarify any concerns that candidates may ask as long as they properly briefed.
Budget/Cost
Time is gold and the longer you get to hire someone, the bigger the loss. The decline in partnership is brought by cost cutting of the organization but if you have a trusted search company as a partner who knows your exact needs, it won’t take months before you find the right puzzle piece that would complete a beautiful picture. Your search partner filled your vacancy with top calibre candidate that would bring back a lot to your organization. That’s return on investment.
Most companies have their own reason for partnering with a search company, it may be to save time, resources or manage cost. Partnering with a search firm would definitely aid you and your organization. You could focus on other important matters and let the search company work on your sourcing needs. As long as there are vacancies, the search industry would definitely stay in the game.
Looking for candidates to fill your vacancies? Let PFV HR Consulting find the right people for you. Call us at 0998 5473639.
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