Finding the right person for the job is essential, but that doesn’t mean you have to pay top dollar. If your hiring costs are through the roof, it’s time to reassess your strategy.
You probably assumed managing the recruiting process on your own was the most cost-effective route, but in reality, that’s rarely the case. If you choose the right recruiter, you get what you pay for. Here are five reasons taking on a staffing partner can reduce your bottom line.
Hire Right the First Time
When you post an open position on your team, you’re probably inundated with resumes. If you’re not a hiring expert, finding the best fit is like searching for a needle in a haystack. Managing one hiring process is expensive, but if you choose the wrong person, you’ll be back to square one before you know it.
On the other hand, staffing professionals recruit for a living. They know exactly what to look for in the right candidate and they’ll use their extensive network to connect you with passive talent who otherwise probably wouldn’t have been aware of the posting.
Fill Open Positions Faster
Managing a hiring process while holding down a full-time job is seriously hard work. Since you can’t abandon your daily responsibilities, filling open positions often takes a back seat.
Partnering with a recruiter saves money because a skeleton crew can’t function at full capacity. When you get a new hire in place quickly, business disruptions are minimal.
Reduce Overtime Expenses
A short-staffed team has limited manpower, but it’s not for a lack of trying. Existing employees are forced to work overtime to pick up the slack when open positions haven’t yet been filled. Working people too hard leads to burnout, and it’s also expensive. Paying time and a half adds up fast, so the sooner you get new hires in place, the better for everyone.
Enjoy Flexible Staffing Options
When most companies hire, it’s on a permanent part-time or full-time basis. This strategy works for a core team, but it isn’t always the best way to staff an entire company. When you outsource your hiring, you’re able to try temporary solutions that can save a lot of money. This ensures you only pay for talent when you actually need it.
Searching for ways to cut costs and save time? Team up with ECS! Contact us today to find how our employer of record business can benefit your company.