Reasons to use a recruitment agency
In this article we’ll discuss the reasons to use a recruitment agency, give our 5 top reasons as to why you should use a recruitment agency, cover the benefits of using such a service and the negatives to using the wrong recruiter.
What services will a recruitment agency provide?
- Develop relationships with clients and candidates
- Produce selection processes specific to a vacancy
- Market and advertise a role via the appropriate channels
- Assessing the hiring company’s requirements
- Assess CV’s and applications, filtering out candidates who are not a good match
- Initial conversations with candidates as part of a pre-screening process
- Formally interviewing candidates
- Engaging candidate in experience-led technical interviews
- Provide the hiring company with professional recommendations and feedback
- Organising formal interviews between the hiring company and the candidate
- Negotiate remuneration packages and finalising agreements between the hiring company and candidate
Reasons to use a recruitment agency
Reduces the time it takes to hire
- A recruitment consultant will be able to find a candidate much quicker due having an existing database and by having a professional network to tap into straight away
Increased chances of a hire being successful
- The recruitment process carried out by a professional recruitment consultant tends to be thorough. Typically, multiple rounds of interviews are carried out to shortlist the most appropriate candidate.
Market insights
- Recruitment agencies have a thorough understanding of the job-market and existing labour pool in your area. Recruiters can offer valuable insights which will help refine your hiring strategy
Head-Hunting
- A recruiter can be an effective middleman when approaching a competitor’s member of staff. The degree of separation between you and the prospective candidate can mitigate any chance of backlash should the target candidate have no interest in moving.
Confidentiality
- A recruiter can engage prospective employees on a confidential basis without disclosing the name of your business. This minimises the amount of people who know you are hiring to only a select few
Signs of a good recruitment agency
- Industry expertise
- Are they matching CVs to vacancies, or do they understand the roles and industries they claim to represent?
- Past success
- Does the agency have a good reputation in the industry, with demonstrable experience?
- Transparency
- When the agency outlines their processes and strategies – are they ambiguous?
- Clear communication and quality updates
- Confident, goal-orientated and a positive negotiator
Signs of a bad recruitment agency:
- Infrequent updates, or only communicates with you when something has happened
- Doesn’t take ownership or direct the recruitment process
- Doesn’t make enough effort to get to know you or your organisation
- Doesn’t listen to your thoughts and viewpoints
- Doesn’t provide you with realistic feedback
Consequences of a poor recruitment process:
Reduced productivity
Simply – a bad hire wastes time. The hiring company risks investing resources in a staff member with low output in return. This can put pressure on the team and impact overall staff morale.
Staff morale
If a hire has low output, this will impact the workforce overall. The rest of the team will have to absorb the workload for the organisation to meet its objectives. No staff member wants to do the job of another person and not be paid extra for it.
Replacement cost
It costs money to find, interview, hire, train and replace a bad hire. Hiring the wrong person can be an expensive and time-consuming situation to resolve
Summary
To summarise, there are a lot of benefits of using a recruitment agency to find your next hire, and consequences to employing the wrong agency.
Why you should choose us:
Across Business specialise in the sourcing and hiring of accountancy and financial professionals. We have extensive experience in placing successful candidates. We are also qualified financial professionals who have held a range of positions within the sector we represent. We know exactly what type of candidate you will need for your role because within business we have had to hire them ourselves.
We aim to utilise this experience to leverage a first class recruitment service.
