Have you ever thought of this process as something that you can probably outsource? Yes, you take the entire recruitment procedure to be an inseparable part of your responsibilities but just look around, things have begun to change.
Increased workload and post-pandemic trends and demands have made it necessary for many businesses to outsource their recruitment function. Handing over this chore to an external partner makes it simpler for you to fill your vacant positions. You can find the right talent, all the while focusing on your core business functions. What you would be doing here is typically known as Recruitment Process Outsourcing.
You will be transferring all or a significant part of your recruitment process to a more skilled and highly experienced external partner. People often talk about having a recruitment solutions provider, well, this is it. You may need more specialized people for the jobs that get created in your organization in the event:
- Your company plans to relocate somewhere else
- It is going through a big merger deal
- If you have planned for an acquisition
Now, you can’t be doing that and managing the merger all at the same time unless you want to risk a total burnout. What do you do? You outsource it and not just for this one reason but also the many listed below:
1. Reduce Your Recruitment Cost
One of the biggest motivations for any organization to outsource their process of recruitment is the overall affordability factor that it brings to the table. You don’t want your recruiting costs to spiral up and beyond your control. This is where a specialized company that is more appropriate for the job is brought into the picture. Your external recruitment partner is going to ensure timely recruitment and selection without adding significantly to your overall costs.
2. Ensure Scalability
You can easily scale up and down all your recruitment activities and procedures if you have an external HR Consultancy handling this operation. Whether you are going through an expansion or dealing with a seasonal shift in demand and supply, the staffing procedures will be altered and modified according to your requirements. No matter if your business is going through its peak periods or if you are witnessing a disruption in your supply chain, you are sorted.
3. Faster Hiring Process
An in-house recruitment process often results in delays and postponements and the entire timeline gets disrupted. The biggest reason is that the whole procedure is poorly managed because you do not have specialized resources for the job. You don’t want your interviews and discussions to drag on for weeks or months. You want the best and the most skilled candidates before your competitors snatch them away from you. What you could benefit from is:
- A centralized management system for the entire recruitment and selection process
- Specific tests and assessment tools to scan and locate suitable candidates
- Customized and streamlined approaches to fit the right candidates in suitable job positions
- A unified program to facilitate faster orientation processes
4. Welcome More Skills Onboard
You need the right competence and the most appropriate candidate for the job positions that have become vacant in your organization. It is not just the right combination of skills and experience but the right attitude and relevance that will make an applicant highly suitable for a vacancy.
You don’t just need an employee but a contributor to the growth of your company. By outsourcing your recruitment function to an expert, you can ensure that candidates with these qualities are easily identified. You can ensure that they are trained rigorously for the demanding corporate life as well.
5. Upgrade Your Recruitment Functions
This is one of the biggest pain points that you need to address right now. Your hiring and recruitment procedures are outdated. You do not have any control over them and the outcomes have been nothing but abysmal so far. You need to upgrade:
· The technology you use
· The communication platforms you prefer
· Testing procedures in place
· Interview formats you follow
· Skill and experience evaluation protocols
· Case studies and simulations and much more
You will have to discard all those run-of-the-mill recruitment procedures and traditional hiring conventions that you were once so proud of. By outsourcing this function, you can ensure that only the latest and the best recruitment and selection processes are employed. These will create a talent pool of candidates from which you get to choose your future employees. The faster you adapt to the changing times the more likely you are to find the perfect fit for your vacancies.
6. Regular Analytics And Reporting
This is also a very strong reason to outsource recruitment and your overall hiring process to an external partner. Remember how difficult it is to deal with multiple hires and several applications at the same time? What you will need at the moment are real-time reporting and useful analytics.
You can benefit from relevant insights as to which candidates should be selected and which should be avoided. These actionable insights are going to improve the overall efficiency of your organization. They will assist you in matching suitable candidates to the job roles you are looking to fill. You will also be able to judge the efficiency of the recruitment methodologies being adopted by the consultancy in real-time.
7. Focus On Core Functions
You do not want any of your recruitment procedures to take up vital time, resources, and money away from your core business activities. For example, you might have to set up a completely different venue for conducting tests and interviews of all the candidates applying for your new IT division. There is a significant investment that will go into:
· Procuring systems
· Ensuring constant internet facility
· Hiring experts to screen and interview the candidates
· Filtering out candidates that are more suitable than others
· Selecting the applicants that will appear for the final round
· Making the final selections
· Facilitating their orientation and a lot more!
By diverting all your time, energies, and resources to these functions you will be depriving all your core business operations of the attention that they need. A reliable human resource consultancy firm can take that responsibility on its shoulders, keeping all your resources freely available for your essential and core business operations.
8. Avoid Any Compliance Issues
If you thought that this was it, you are mistaken. You also get relevant and useful assistance concerning legal, contractual, and compliance matters. Compliance issues may pertain to a lot of aspects including:
· The parties to the contract
· Type of recruitment
· Taxation procedures
· Confidentiality and privacy
Depending upon the industry that you belong to, there will be unique compliance requirements for your company that you will have to adhere to at all times.
This could be a very intimidating path to take, especially if you haven’t done it ever before. You may have always exercised enough control over your recruitment and hiring procedures. To muster up the courage to hand over this function to an external partner is going to be a little difficult. Therefore, it is advised to establish relationships with companies that understand your pain points. Ensure mutual understanding and transparency before you hand over this function to any external partner.