Recruitment agencies: All You Need To Know

What are recruitment agencies?

Recruitment agencies are third-party business organizations that companies partner with to handle recruiting talents for them. They are your HR consultants without hiring recruiters as part of your company. Working with a staffing agency can help your organization focus on carrying out its work without focusing on hiring candidates.

Hiring agencies will outsource the whole recruiting process for you and will provide you with the best talent at the end. The best thing is that you can partner with these agencies on a commission basis so you will only pay for them when you need new calibres in your team. They have the skills and expertise in sourcing suitable talents, so you save money and time on training in-house recruiters.

How do recruitment agencies work?

The hiring process starts with a vacant position that your organization needs to fill. The company then collaborates with a hiring agency and provides them with the job requirements needed for the position.

Depending on the candidate needed, the staffing agency will determine if a technical recruiter is suitable to hire a technical talent. You can seek to hire a managerial or senior level up to c-suite candidates. The hiring agency will provide you with the best recruiters who have a large pool of talents they can match the job with.

In case the database of talents does not include a fit talent for your job, they will post the job on your behalf and will start screening new resumes to select the fit employees.

After selecting or screening the required talents, the recruiting agency will provide you with a list of qualified resumes to choose from so these talents can move to the next step. They can either interview the selected talents on your behalf and continue the process up till the end of your organization can complete the hiring process.

Finally, once the talent is hired you can pay the commission after ensuring you have found the best candidate to join your team.

How Can Your Organization Join a Recruitment Agency?

• Interview the Agencies Like Candidates

To make sure you will choose the best agency that fits your needs, you need to deal with this as an interview. First, you can determine the goals and metrics to measure the success of this partnership.

It is similar to any business collaboration as it should prove a great return on investment for your business. Choosing the right metrics will ensure success and that all your goals are achieved.

Moreover, you will need to go through their recruiters’ portfolios. They will be your advocates in finding your calibres so you can better measure their qualifications and their success rate in sourcing qualified talents.

• Clearly Define Your Needs

The goal behind our partnership with the hiring agency is to achieve business needs. They will do their best to carry out your hiring tasks efficiently, however, the initial step starts from the moment you decide on the job requirements needed.

Your organization needs to carefully define the position needs as they will guide the agency to achieve the final goal. Beyond explaining the responsibilities of the position, you need to discuss all aspects related to the position like salary, benefits, company policy, work environment and culture.

• Sustain a Long Term Relationship

It will take time to find the best recruitment partner after a couple of attempts to outsource hiring. Once you have managed to achieve your goals with an agency, it is time to build a good relationship that lasts and fosters your business needs.

Same to encouraging your team to gain more experience and exposure in their jobs, you need to nurture your relationship with your staffing agency to be able to depend on them in future vacancies. With every talent they hire for you, they better understand your needs and that will make it easier to find candidates faster and more efficiently.

What are the benefits of hiring a recruitment agency?

• A Tailored Talent Sourcing

With a range of qualified talents and expert recruiters, you have the best route to the right talents whether you are trying to hire locally or internationally. They have an extended network of talents covering various locations and industries.

• Consultancy Service

Staffing agencies have the experience to advise your company about the latest skills needed in the market and how to offer your candidates a competitive package.

They will act as your recruitment guidance and can recommend a long-term hiring plan to fulfil all the areas in your company. Sustaining your relationship will lead to ongoing success.

• Faster and Affordable Strategy

When you hire a recruiting agency you guarantee they cut the time and effort needed to locate the right talent. The average time needed to fill a position is shorter than recruiting talents in-house.

You will define the suitable commission for each position you need. In that way, you know ahead of time how much you are paying for the service and calculate its return on your business.

How to choose the right recruitment agency for your recruitment process?

There are a lot of types of agencies and each type suits different needs. If you plan to recruit full-time talents, you want to reach agencies specialized in sourcing full-time candidates. Next, you need to decide if you want to find local talent or overseas talent.

If you are planning to hire temporary or contract-based employees, your agency should have experience in sourcing short-term or contract candidates. There are executive search firms that will headhunt the best senior and C-suite candidates to fill managerial positions that require specific skills.

In short, your recruiting agency partner will work hand in hand with you to achieve success as long as you have defined your goals and metrics to have a clear plan.