It takes balance to run your business properly. You make decisions every day that affect your company’s short- and long-term well-being. If you prioritize your company’s immediate needs, it will never grow, but if you only focus on the future, your organization may fail to serve the customers it already has. You’ll only succeed if you find the happy medium between these two options.
The same principle applies to your hiring process. When key staff members leave your organization, you may feel pressured to fill these vacancies quickly so everyday operations don’t suffer. But if you don’t consider a new hire’s ability to grow with your company, you may end up paying a fortune in additional training and replacement costs.
Many hiring managers find it difficult to achieve this balance, so they outsource recruiting and talent acquisition to a qualified firm. These agencies offer a slew of benefits that should entice any organization with hiring needs. Read on to find out if outsourcing is right for your business.
TALENT ACQUISITION FIRMS FIND BETTER CANDIDATES
Companies don’t have unlimited hiring options. When a hiring manager posts on a job board, he or she is inundated with applications. A few qualified candidates may submit resumes this way, but the best workers tend to look elsewhere.
You won’t face this problem if you outsource recruiting to a talent acquisition agency. These organizations use effective sourcing practices to locate the best employee for your needs. You’ll never have to settle for an employee who’s merely “good enough” when you use an outside recruiter.
THEY ALLOW YOU TO DRAW FROM WIDER TALENT POOLS
You should never hire in a hurry. It’s easier to make a mistake when you’re desperate to fill a hole in your roster. If you always have candidates in mind, you’ll never have to settle for a half-measure or a short-term solution.
Talent acquisition firms understand this concept. That’s why they map out an entire hiring strategy for your company. This allows you to form talent pools that you can draw from whenever you need to replace an employee. You’ll hire better workers, but you’ll also save time and resources by skipping sourcing steps.
THEY CAN ADAPT TO YOUR NEEDS
It’s important for enterprises to anticipate growth or contraction. If an organization has too many employees and needs to shrink, it can have a devastating effect on employees’ lives. Alternatively, a company will falter if it’s on the cusp of growing but doesn’t have enough workers to handle the increased workload.
External hiring agencies often accommodate these changes better than internal human resources departments. They hire faster and can find employees who are more flexible, which makes scaling easier for you. You shouldn’t have to worry about your staffing needs when your business is in flux, and you won’t have to if you outsource recruiting.
THEY UNDERSTAND NECESSARY REGULATIONS
Hiring and labour regulations are difficult to understand at the best of times. They also change regularly, so your organization can break rules without even realizing it. External acquisition firms have to keep up with these shifts to maintain their reputations, which gives them expertise that many businesses lack. You can take advantage of this knowledge by working with them to find the best workers on the market, while ensuring compliance.
THEY SAVE YOU MONEY
Hiring can be an expensive process. You lose money every day when you keep a position open, and it can cost a bundle to replace a bad hire. Acquisition firms minimize these problems so businesses can find the right people as smoothly as possible.
Jesse’s role with AugmentHR is to seek out organizations that can truly benefit from our unique approach to solving HR and talent acquisition problems. After 17 years in the recruitment industry, Jesse is driven to educate on more efficient and cost effective ways to approach hiring. Jesse has worked in every facet of talent acquisition: staffing, corporate, consulting, and as an independent contractor. He has a keen interest in helping others and spends much of his time volunteering with non-profit organizations, like CivicAction, 360Kids and Treble Victor Group. Always on the move, Jesse fills the rest of his free time competing in a variety of sports. Jesse is a former 5 time Karate Ontario champion, military biathlon champion, and an Ironman triathlete.