Let’s face it – outsourcing is one of the best weapons at a firm’s disposal. By choosing the right company, new businesses can lower costs and improve quality. And, productivity often rises, too. But, outsourcing is an art as businesses have to know where and when they can pull the trigger. If they get it wrong, the company will pay the price.
With regards to outsourcing, recruitment seems like a process that should stay in-house. After all, the firm has to deal with the employees, so it doesn’t make sense to give someone else control. The reality is that many startups delegate power as soon as possible. So, why do they do it instead of taking charge? Let’s find out.
Not Attracting Great Candidates
In this economy, almost every job role in the industry will attract attention. Hundreds if not thousands of people can apply, but that doesn’t mean they are all right for the position. In fact, it might mean that not one single candidate is the right person for the job, and that’s a problem. By turning to a professional for help, the business can start to attract the best of the best. How does this happen? Well, the experts mainly tweak the job description and the branding of the company. Instead of focusing on financial incentives, they advertise personal benefits too. Then, they let candidates know that the business is an awesome place to work. Not every killer candidate applies, but there is an increase of the people with the right skill sets.
It’s A Leveller
Life as a startup is never easy because the odds aren’t in the company’s favour. Plus, it’s hard to make money for the first two years, and then they have to break into a competitive market. In all honesty, it sounds like more than it’s worth unless there is a way to level the playing field. Plenty of bosses think that a recruiter is such a person of their experience and expertise. Logic dictates they will have a better chance of selling the position, plus it will cost the firm less money. In the end, a company can fight the big boys for employees while saving money. In that sense, it’s a no-brainer.
Bite Off More Than Can Chew
Some businesses grow at an exponential rate instead of stuttering to a halt. Indeed, they are so successful that the growth rate is out of control and the company can’t recruit quickly enough. When this scenario occurs, it’s essential that a business keeps up with the growth rate. Otherwise, their success will be the reason they fail. With the help of experts like Portfolio HR, there is no need to worry. These firms have a large hit rate when it comes to filling positions so they will always plug the gaps. Thanks to their contacts, it isn’t hard for them to find a dozen or so employees in a short space of time. Most businesses don’t have the contacts or resources to keep up.
Fix Recruitment Problems
There is a lot of companies that find people with a good skill set, and they do it without help. However, after a while, these people decide to move on and find a different job. Although the turnover rate isn’t a problem if it is once every while, it’s a huge issue if it happens all of the time. In simple terms, it means there is something wrong with the process and it needs fixing. The role of the recruiter is to analyse the process and figure what is going wrong and why. The top professionals can do it without blinking because they know what to look for, which is what a firm needs. With the data, the company can make the necessary changes to reduce the turnover rate, a rate which affects the bottom line.
Taking Up Too Much Time
Business owners like to focus on one resource: money. It isn’t hard to see why, but that doesn’t mean it isn’t a mistake. Money is a big part of the company, yet so is time. After all, time is money as the saying goes. What does that have to do with recruitment? Well, recruitment is time-consuming. The process to find one employee can take weeks, and that’s time most startups can’t afford to lose as it affects the entire company. When an external firm takes the reigns, it frees up masses of time. Then, the startup can focus on the core elements of the business in the knowledge that everything is rosy.
Now that you know the ins and outs, is recruitment a task you would outsource?
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