As the global economy continues to evolve and change at breakneck speeds, recruiting and hiring the right candidates is a lot more difficult.
New economic conditions include global competition, ever changing business conditions, high unemployment, skills shortages, and a war for talent, has made finding and hiring the right people a cumbersome task. The recruiting environment has also changed dramatically and requires keeping up to date with new recruiting technologies, including social media, developing relationships with successful candidates, and asking the right questions.
Cost containment and the need to focus on core business operations are at the top of the list of several common reasons to outsource recruiting. Outsourcing all of your recruiting, or just part of your recruitment process, puts the reins in the hands of experienced recruitment consultants, saving you time and money. Other reasons employers choose to outsource recruiting include a need to improve recruiting processes, reduce a high turnover rate, control rapid growth or seasonality that makes it impossible to keep up with hiring needs, develop competitive advantage, and coordinate recruiting and on-boarding.
When companies outsource recruiting, it’s usually in direct response to specific business needs. Whether it’s to save money, achieve process improvements, reduce turnover, or control an issue of recruiting volume, there are many situations where outsourcing the recruiting process, and possibly on-boarding processes as well, solves business problems. Recruiting firms can dedicate their time and resources to sourcing, engaging, contacting, hiring, and on-boarding top talent that is beyond the reach of small or new companies. Companies can better focus on their core business operations when they are well-staffed with qualified, engaged employees who have been hired with a good recruiting process.