In 2024, the most successful companies use external recruiters for their talent acquisition needs. This is because external recruiters provide a strategic advantage that can help businesses find the best candidates for their open positions. By working with an external recruiter, businesses save time and resources while finding the best candidates for their open positions.
Let's uncover why the most successful companies continue to rely on external recruiters in today’s tight labor market, when it is harder than ever to find rock star employees.
Sourcing is hard
One of the main advantages of working with an external recruiter is that they have access to a wider pool of candidates. External recruiters have extensive networks, use different software, know of online technology geared for recruiters, can use Boolean means to look for inactive candidates and can generally tap into a variety of resources to find the best talent for your business. This means that you’ll have access to a larger pool of candidates, which can increase your chances of finding the right person for the job.
Recruiters understand the best processes
External recruiters can also provide valuable expertise and guidance throughout the recruiting process. They have a deep understanding of talent acquisition methods and can help you navigate the complexities of recruiting. This can be especially helpful if you don’t recruit that often, haven’t been happy with some of your past hires or are looking to improve your recruiting process.
Mishires are costly
Have you ever hired someone and trained them only to realize you made the wrong hire? This costs you time, money, momentum, unemployment insurance rate rising and more. The right external recruiter who uses today’s best practices can greatly reduce the odds of a bad hire. Proper searches guide you towards hires that meet the skills criteria and align seamlessly with your company culture. They also include professional skills, reference and background checks.
Recruiters let you pay for the service only on-demand
Working with an external recruiter can also be cost-effective. While there is an investment associated with working with an external recruiter, it’s often less expensive than hiring a full-time recruiter as an employee. This means that you can get the benefit of working with an external recruiter without having to pay them between searches.
You, the CEO, Founder or Owner, want to and should focus on running you business not on the details of a search
We know that as a CEO, Owner, or Founder, your plate is already full, and recruiting is not the highest value use of your critical time. External recruiters act as an extension of your team, taking the weight off your shoulders. While you focus on steering the ship, they handle the intricacies of the hiring process, so that you can focus on managing your business, on your core product or service and on sales.
Todd Lieberman, Founder & CEO of Voicestar, used PBS for his hires while he was raising money and doing sales for each of his high-growth technology startups. This led him to great hires and the time to run all three of his companies and grow each to successful exits.
Outsourcing saves you and your team precious time
Recruiters help you save time. Recruiting is a time-consuming process. By working with an external recruiter, you can free up your and your team’s time to focus on other important aspects of your business. This can help you be more productive and efficient and get you a higher quality candidate sooner which can ultimately lead to greater success for your business.
Recruiters go beyond the resume
Recruitment isn't just about matching resumes to job descriptions; it's about finding the missing puzzle pieces that complete your organizational picture. External recruiters delve beyond the surface, conducting in-depth interviews, skills assessments, and cultural compatibility checks. Good ones are the detectives who unearth the intangible qualities that make a candidate not just qualified at the minimum but a fit for the company you have built in so many other ways.
Your talent strategy should be as dynamic as your business strategy. Pivotal Business Solutions (PBS) can be your strategic talent acquisition advantage, your ticket to securing the best minds for your team.
Plus, since our team at Pivotal Business Solutions (PBS) are small and medium-sized business operations experts, we bring extra advantages understanding how your talent can and should tie into your operations, your vision and your strategy.
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