The market for staffing and recruitment is worth over $487.32 billion. It’s one of the most important business functions in the world and one of the more likely to be outsourced.
A recruitment company handles the difficult task of finding and onboarding new employees for you. This makes them valuable assets to businesses of any size.
Read on to learn about a few of the many benefits of working with a recruitment company.
Quickly Filled Vacancies
It takes an average of 27 days to hire a new employee. The best ones are off the market within 10 days.
Most businesses have a limited number of options. You may spend hours searching sites such as Careers24, Indeed, and LinkedIn and come up with nothing.
A recruitment company can access a wider pool. They can even find the over 75% of professionals are passive candidates not actively looking for a job.
They’ll handle all the tasks related to hiring new employees, including:
- Screening
- Contacting
- Incentivizing them to apply
- Checking their CVs
- Looking at their references
Market Knowlege
A recruitment company offers specialized recruiters that know what type of talent you need. They’ll know about its:
- Market trends
- Salary
- Skills
- Development expectations
- Contracts
These change regularly, and the recruiter can help you keep up with them.
Help With Negotiating Remuneration
A recruitment agency can help be the man in the middle when discussing one of the most difficult issues in the hiring process; remuneration.
They know what salaries and benefits are expected in your industry. This helps them come to an agreement that satisfies your business and its talent.
Legal Advice
Recruitment procedures must follow a complex set of laws. They include the Employment Equity Act or EEA and the Basic Conditions of Employment Act or BCEA.
Many areas of these laws become difficult to understand. A few of the most common areas where businesses get into trouble include:
- Diversity
- Material leave
- Wages
- Unfair dismissal
A recruitment company knows all about these laws and how to follow them.
No Fee Unless You Get a New Employee
A recruitment company’s job is to find the best talent for you. Most charge a pre-determined percentage of their enumeration package.
They work on a “no-win no-fee model.” If the employee they found doesn’t stay with you after a probation period, your fee is reduced or eliminated.
Faster Business Growth
Once you learn more about recruitment process outsourcing, you’ll see why it should be part of all small and large businesses’ expansion plans.
It gives you hiring tips and a range of other services. In time, it’ll help your business grow.
More Recruitment Company Benefits
A recruitment company takes on the essential task of finding talent for your business. They’ll screen their large pool of potential applicants and use their market knowledge to find the best ones for you.
They’re also up-to-date on the latest hiring laws and help you negotiate fair remuneration with your employees. They don’t charge a fee unless the talent they find stays on, and they can help your business grow.
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