Did you know almost 75% of organizations go through hiring difficulties. Hiring is more demanding than picking the right candidate from a pile of CVs or resumes. It requires strategic planning and lots of time and effort. Sometimes the complexities involved in the recruitment process can overwhelm hiring managers. Therefore, it is recommended to outsource recruitment to a third party for efficient hiring.
With the help of the best recruitment outsourcing company, you will receive all the support you need, ensuring you only onboard the perfect candidate. They fetch you a variety of advantages, streamlining the entire process.
In this article, we bring you all the reasons why you should outsource recruitment for your business. Read till the end to know all about them!
7 Reasons Why You Should Outsource Recruitment
While there are a variety of reasons why you must choose recruitment outsourcing services, we will unpack the topmost in this article. Take a look!
Reduces Cost
Today, the average cost of hiring a new candidate can be around $4,000. However, this number can vary depending on the size of your company, role, and industry.
Even if you are at the lower end, recruitment can be expensive because there is a lot that goes on. Job postings, screening, interviews, and more can burn a hole in your pocket, especially when hiring for multiple roles. Outsourcing can significantly reduce these costs, as you only pay for services rendered.
Saves Time
It is underrated yet truly a necessity because time is money. On average, you end up spending anywhere between 14 and 31 days to hire a candidate. From job posting to sifting through resumes and then scheduling interviews, recruitment can be time-consuming.
But with video interview software, you can focus on other strategic activities while experts handle the hiring process efficiently.
Helps With Scalability
As your business, you keep growing. It means you keep expanding your team, and the need for talented individuals is never-ending. So, how do you cope with these fluctuations in hiring?
The HR team is not only in charge of the hiring, they also look after other operational duties.
Outsourcing allows you to scale your recruitment efforts up or down quickly, without the overhead of maintaining an in-house team or putting too much pressure on your current team.
In fact, 69% of HR professionals who use automation in hiring reported that it significantly decreased the time spent on this process. With the right video interview software, such as InCruiter, you can access applicant tracking systems and other AI features.
Access to Specialized Skills
Furthermore, recruitment outsourcing companies often have access to a vast network of professionals in various fields, allowing them to tap into specialized skills that might be challenging for individual businesses to find. This expansive reach ensures that your organization can connect with candidates possessing rare talents and specific industry knowledge.
Additionally, these companies stay updated with the latest trends and technologies in the job market, enabling them to match your business with candidates who not only meet your immediate needs but also align with your long-term goals and vision. This strategic approach not only saves time and effort but also significantly enhances the chances of securing the perfect candidate for your unique requirements.
Wider Talent Pool
Talent is not restricted to a particular city or state. It goes beyond borders. Outsourcing extends your reach to a broader talent pool.
Imagine. You are hiring for a crucial role but looking for candidates only within your city. The specialized skill set you need seems almost impossible given the geographical limitations. After several days of zero success, you partner with a recruitment platform.
Recruitment agencies often have extensive networks and can tap into passive candidates who may not respond to traditional job postings.
Faster Hiring
For a top-performing team, it can take about 34 days to hire a candidate. But when there is a delay, you not only lose money but it also hampers productivity.
Recruitment platforms specialize in finding and placing candidates quickly. It reduces your time-to-fill positions, ensuring business continuity. This technology-driven approach not only expedites the hiring process but also guarantees a higher level of accuracy in candidate selection.
Put Your Focus On Core Competencies
With outsourcing recruitment, your internal team can concentrate on core business functions. They no longer have to sift through several resumes. There’s more.
Your HR team can also focus on current employee retention and come up with strategies to make any necessary improvements. This enhances overall productivity and efficiency.
Partner With The Best Outsource Recruitment For Your Business Today!
Recruitment Outsourcing platforms can be a real benefit for business as they provide cost savings, time efficiency, specialized expertise, etc. Consider outsourcing as a strategic move to optimize your talent acquisition process and gain a competitive edge in the market. However, make sure you partner with the right platform that can aid your success and match your requirements!
Source- https://fitsmallbusiness.com/recruiting-statistics/#:~:text=Talent%20shortages%20are%20at%20an,highest%20in%20over%2016%20years.
https://www.glassdoor.com/employers/blog/calculate-cost-per-hire/
https://www.zavvy.io/blog/hr-automation-statistics#:~:text=Just%20as%20with%20any%20other,time%20spent%20on%20this%20process.
FAQs (Frequently Asked Questions)
Ans: Outsourcing in recruitment means you hire a third-party agency or a platform with the right expertise to take over your hiring needs.
Ans: The best-outsourced recruitment platforms also use AI recruitment tools, which is a solution that assists and enhances various aspects of the recruitment process.
Ans: The best online recruitment platform depends on your needs. However, if you are looking for a comprehensive platform with AI-powered features and a variety of benefits, InCruiter can be ideal for you.
