5 BENEFITS OF OUTSOURCING TALENT ACQUISITION

Jeff Mignault • Sep 02, 2016

Talent acquisition is an integral part of any business.You want the best and brightest to fill positions in your company. But finding qualified candidates and the best people for the job can be a complicated and time-consuming task. Fortunately, there’s a way for businesses to manage the process more effectively: outsourcing. While many initially oppose the idea of seeking outside help with acquiring talent, there are many benefits of outsourcing this task.

5. FAST-TRACK THE PROCESS

If you and your HR staff are already contending with full schedules, don’t overload yourselves by asking your personnel to weed through hundreds of applications to find the most qualified candidates. Instead, outsource this tedious task to the specialists who have the time and means to deal with a flood of applications.Their expert knowledge of the best processes and uses of up-to-date tools canfast-track the talent acquisition process. That means you get someone into that crucial position by the date you need it filled, even as you ensure you’re getting the best candidates for the job.Another benefit of outsourcing? It allows you to get back to the core functions of your business.

4. WEAVE A WIDER NET

Another benefit of outsourcing is that it allows you to tap into job-seeker networks you were previously unaware of. Specialists are likely to have better knowledge of where you will find the most highly qualified candidates—and how you can reach those people. This wider net allows you to rest easy knowing that the applicants you’re reviewing are truly the best of who is out there. The experts can also vet each candidate, which means you spend less time interviewing people who look good on paper, but are less appealing in real life.

3. CALL IN THE EXPERTS

When it comes time to acquire new talent, you may find yourself lacking the tools and the expertise to conduct an effect search. That can spell trouble during your search: Maybe you don’t find the right candidates or maybe you aren’t finding enough people to fill all open positions. That’s when you need to call on the experts outside of your organization to augment the HR capabilities you already have. One of the benefits of outsourcing is that experts have specialist knowledge and training, which means you can be sure they’re employing the latest methods and the most effective tools. These specialists can guide your candidate search process with more precision and accuracy than you can in house, which means you can be sure you get the most qualified applicants.

2. GET FLEXIBILITY IN YOUR WORKFORCE

One of the benefits of outsourcing talent acquisition is that it allows you to scale up and down as you need to, which makes this a flexible option to complement your regular staff. Whether it’s adding a number of new employees or a long-term search, specialists can help you when you need them to; there’s no need to overwhelm your in-house HR capabilities by asking your busy staff to do even more.

1. REALIZE COST-SAVINGS

The biggest benefit of outsourcing talent acquisition is the fact that it can save your firm not only time, but money too. Since time is used more effectively, specialists are less likely to rack up an enormous fee. You will also be less likely to pay the cost of an ineffective search: You can get your positions filled on time, thus boosting productivity or minimizing lost sales, and you have a lower risk of hiring someone who just doesn’t work out—which means extra costs in training, potential lost productivity, and the need to engage in yet another labour-intensive candidate search!

Jeff Mignault
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