Choosing the right hiring partner
It is common knowledge that hiring poorly for your company can prove to be a costly mistake. But have you considered the repercussions of partnering with the wrong hiring agency?
Let’s break it down.
So, you’ve identified that your organization requires extra hands to support a specific project, either to facilitate growth or to solve a problem. Your existing team lacks the bandwidth to upskill or take on additional tasks. In short, you need fresh talent, but you don’t have the internal resources to facilitate this crucial and time-consuming talent acquisition process.
Enter: Recruitment agency
Recruitment agencies are essentially workplace matchmakers. They connect job creators and job seekers, working closely with both sides to ensure desires and requirements are met.
They recruit for different levels within the company, be it senior-level hiring, executive hiring, IT recruitments, or bulk hiring for an entire department. They simplify the company’s candidate mapping and filter candidates based on the eligibility and qualifications needed for the role.
When an organization notifies their recruitment partner that they are looking to fill vacant jobs, the dedicated consultants then set out to source suitable candidates (but oftentimes, they will already have people in mind).
Benefits of a recruitment agency
Market knowledge
Industry knowledge is crucial in finding the right talent. In a largely candidate-driven market, the
old ways of hiring can become obsolete fast. Recruitment agencies keep updated on the current market trends. They know the skills-in-demand for specific industries, the expectations candidates have from employers, keep tabs on the market salary rates and advise firms accordingly. Recruiters empower businesses to develop more informed strategies around their human capital with in-depth knowledge.
Time-saver
The time taken to close a vacant position can go as high as 90 days! But partnering with a hiring agency can shorten that time significantly. Hire the best candidate much faster without going through the rigmarole of recruitment! You get introduced to their extensive applicant pool with higher chances of finding the right fit.
Large database
Partnering with a hiring agency means you have at your disposal the immense talent pool they’ve built over the years with high-quality candidates. In addition to this database, recruitment agencies can also reach harder to contact passive candidates. They are always on top of the market and easily acquire the talent you won’t be able to get on your own.
Well! Now you know the benefits of outsourcing your hiring activities to a recruitment agency. But what happens when you pick the wrong partner?
Understanding needs
A recruitment agency understands the founder’s outlook towards growth, office culture, work-life balance, employee well-being, and other factors. They thoroughly analyze the firm’s vision, goals, needs, employee expectations, and screen the talent pool for the right choice. This is advantageous in identifying the right candidate that fits and grows well with your company. Recruiters are trained experts in examining and filtering candidates based on their aspirations, efficiency, culture fit, personality attributes to find you the best person for the job. They are equipped to provide tailor-made solutions for all your hiring needs. For instance, Anzy Global specializes in tech recruitment for all levels, i.e., management roles, C-level executives, or assembling a complete team.
Hiring assistance
Recruitment agencies can help tailor your job adverts and your external value proposition to help appeal to talent. If you’re unsure of the exact profile of an employee you require, recruiters can offer expert advice on what makes candidates ‘suitable’ for any particular role. They are not just aware of the relevant advertisement sources; however, they are also familiar with the best practices that you can incorporate as a part of your Brand Marketing to get excellent candidates.
Employer branding:
Choosing the right recruitment agency can improve your employer branding as they represent your company to job seekers, giving them an insight into what it’s like working for you. In a climate where candidates are offer-shopping, it is prudent to invest time and resources in establishing a brand presence to attract and convince quality candidates to switch to your firm.
Well! Now you know the benefits of outsourcing your hiring activities to a recruitment agency. But what happens when you pick the wrong partner?
The risk of choosing the wrong hiring agency
If you rush your decision or choose the first agency that comes your way, you’re looking at some severe cost implications.
Picking the wrong hiring partner can result in them sourcing hastily, finding you sub-par candidates, and there exists a real possibility that the ‘star candidate’ is not as good as you expected. Candidates often look good on their resumes, but a good hiring agency knows to look beyond. The best recruiters match not just profiles but the cultural DNA.
You hire your recruiter poorly, and your recruiter hires employees poorly; the entire process is already longer than it needs to be. This culminates in you redoing the whole process, from crafting the job adverts to conducting interviews; you have now doubled the time and cost of that one hire. Not to mention the intangible handicaps such as increased stress, time constraints around deadlines and deliverables, and the negative impact a bad hire can have on your team.
The pitfalls to choosing the wrong recruitment partner are aplenty.
Let us look at how you can make the correct choice.
How to choose the right hiring partner?
State your needs clearly
Firstly, you must determine what you are recruiting for. Do you need temporary staffing or full-time employees? Need to fill managerial positions or top-level executives? Hiring for general or vertical-specific roles? And accordingly, you may list your top agency choices. It bodes well to shortlist agencies that specifically recruit for your industry. For example, if yours is a tech-driven company, Anzy Global has got all bases covered for your technology recruitment needs.
Secondly, finding the right talent goes beyond just technical skills. You need someone that harbours the right attitude, passion and intentions. Convey your expectations in detail to the recruiters. Talk about your company’s background, culture, values, work environment. This will help the recruitment firms lead you to the right talent swiftly and accurately.
Interview the agencies like candidates
The whole point of partnering with an agency is that the big burden of recruitment is off your shoulders. But to find the perfect partner, you first need to interview them like they are the candidates themselves. The irony is not lost on us, but this is an essential step. No way around it! It helps to view your recruitment agency as a strategic business partner. The talents they eventually acquire directly affects the success of your business. So don’t hesitate to ask the burning questions that give you insight into how prepared and professional they are and whether or not they are capable of meeting your needs.
Check their experience and expertise
Do your research. Find out the years of experience they bring. Not just the company, but also their staff. The level of expertise they demonstrate. Look into their client list and testimonials. You can ask them about their hiring techniques, pre-employment screening methods, how widespread their network is.
LinkedIn reported that 70% of the global workforce is passive. A capable recruiter knows not just how to reach them but also persuade them to switch jobs. These individuals are not found on job boards and can bring higher ROI than active candidates.
Check your budget
Once you’re assured that your top choice can provide high-quality talent, you can get down to the brass tacks. Although it is crucial to determine the budget for partnering with an agency, you must look at the bigger picture. While choosing the best may seem pricey at first, consider the return in the long run. By partnering with an agency, you save costs by eliminating the need for an internal talent acquisition team.
And agencies have terms & policies in place to guarantee specific results. A good hire brings in the bang for your buck and will always be beneficial and profitable to your organization.
Final thoughts
Choosing the best recruitment agency to work with is sometimes difficult & always a crucial business decision. Corporations must keep in mind that a poor choice of a partner can even damage the brand name & their business.
Anzy Global leads the industry in recruiting solutions, employment screening, and human capital management. We believe in partnering with our clients and delivering a solid foundation of talent to support future business results. We work to understand our clients’ specific requirements beyond just technical skills, allowing us to find the right fit expeditiously. We offer permanent hiring, contract staffing, and executive hiring services.
Want to eliminate your costly problems with recruitment? Contact us to schedule a free, no-obligation 30-minute consultation with one of our hiring experts.
