It can cost the client in excess of $40K (Forbes Mag). Some expense is training and lost productivity. The biggest portion of the cost is in the recruitment process:
Time used by the HR staff & managers discussing the opening, advertising, job postings on the internet; hours spent screening resumes; phone interviews, face-to-face interviews; re-interviewing; background checking & more.
HR Department takes these steps only to have to start the process again.
If you have a dedicated HR Recruiter on Staff, you already have an idea of what the investment for that person is annually. Have you amortized their salary/benefits/perks over the amount of hires per year? This is just the tip of the iceberg.
How you write your advertising copy will be based on where you will place your ad. If it’s a billboard ad, you’ll need a catchy headline.
If you hire 1-2 times per year having a dedicated recruiter on staff us frivolous. An agency can get the right candidate in the door, screened & guaranteed. Your job will be minimal set-up meetings to see if they are a good fit & make the right hire.
If you hire 1 per month you may have someone who does the majority of your recruiting, trained to screen & interview compliantly but they may need help in gathering candidates (as opposed to applicants) in the door. CareerBuilder reports you easily receive 75 resume for every job opening. If you spend 5 minutes per resumes, generously low, that is 6 hrs just reading/scanning the resumes in hope of finding a candidate. CareerBuilder also shows that 78% of recruiters found that half of the resumes they received were from unqualified candidates. That’s 3 hrs wasted. A recruitment agency can help lighten the load when it comes to screening, so you can devote your focus to only the most qualified candidates.
At any given time you’re typically posting, interviewing, verifying, or filling a spot, You have a lot of balls in the air at once & it can be a challenge juggling them all. Having an entire department to help would be great, but it’s neither in the cards nor the budget. A recruiting firm can be your HR department. They can take the bulk of the work off your hands and fee you up to hire for quality rather than quantity.
How you write your advertising copy will be based on where you will place your ad. If it’s a billboard ad, you’ll need a catchy headline.
