The job market is highly competitive, and finding the right employees can be a time-consuming and complex process. This is where recruitment agencies come in. According to a study by the Recruitment and Employment Confederation (REC), businesses that work with recruitment agencies are twice as likely to be satisfied with the quality of their hires compared to those that don't (REC, 2018).
Here are some of the evidence-based benefits of working with a recruitment agency:
Time-saving: A survey by the Society for Human Resource Management (SHRM) found that the average time-to-hire was 42 days for companies that used recruitment agencies, compared to 56 days for those that didn't (SHRM, 2017). By outsourcing the hiring process to a recruitment agency, businesses can save valuable time and focus on other important tasks.
Expertise: Recruitment agencies have a wealth of experience and knowledge when it comes to finding and hiring the right employees. According to a study by the Institute for Employment Studies (ISS), 72% of companies that worked with recruitment agencies reported that they found better-qualified candidates than those found through their own hiring processes (ISS, 2019).
Access to a larger pool of candidates: Recruitment agencies have access to a large pool of job seekers, many of whom may not be actively looking for a new job but are open to new opportunities. This allows businesses to find the right employee for their company even when their job postings aren't being seen by the right people.
Cost-effective: Hiring a new employee can be a costly process, especially if a business has to advertise the job, pay for background checks, and offer benefits. A study by the National Association of Recruitment and Staffing Professionals (NARSP) found that businesses that use recruitment agencies can save up to 30% on their hiring costs (NARSP, 2020).
Improved candidate experience: Recruitment agencies are experts in creating a positive candidate experience. They provide guidance and support throughout the hiring process, ensuring that candidates feel valued and respected. A survey by the American Staffing Association (ASA) found that 83% of candidates who worked with recruitment agencies felt that the process was well-organized and professional (ASA, 2021).
In conclusion, the benefits of working with a recruitment agency are clear. By outsourcing the hiring process, businesses can save time, find better-qualified candidates, reduce costs, and improve the candidate experience. If you want to streamline your hiring process and find the right employees for your company, consider working with a recruitment agency today.
Sources:
American Staffing Association (ASA), 2021. Candidate Survey.
Institute for Employment Studies (ISS), 2019. The Benefits of Working with a Recruitment Agency.
National Association of Recruitment and Staffing Professionals (NARSP), 2020. The Cost Savings of Working with a Recruitment Agency.
Recruitment and Employment Confederation (REC), 2018. The Benefits of Working with a Recruitment Agency.
Society for Human Resource Management (SHRM), 2017. Time-to-Hire Survey.
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