Don't trust your recruiter?
You need to find one you can because they are an essential part to you and your business. Here are some facts for you to digest.
Time-saving: Using a recruiter can save you time and money by streamlining the hiring process, reducing the need for in-house recruitment teams and HR personnel. According to the latest research by Glassdoor, the average time-to-hire in the UK is 27.5 days, and this figure can be significantly reduced by working with an experienced recruiter. (Source: Glassdoor Economic Research, UK, February 2023)
Cost savings: The cost of hiring can add up quickly, especially when you consider the expense of advertising job vacancies, paying for applicant tracking software, conducting interviews and background checks, and onboarding new employees. In fact, a study by the Society for Human Resource Management (SHRM) found that the average cost per hire in the UK was £4,129 in 2022. However, a recruiter can help you reduce these costs by providing access to a pre-screened pool of candidates, conducting initial interviews and assessments, and negotiating salary and benefits on your behalf. (Source: SHRM, 2022 Talent Acquisition Benchmarking Report)
Improved retention rates: Hiring the right candidate for the job is critical for reducing employee turnover and retaining top talent. According to a study by LinkedIn, employees who have a positive onboarding experience are 69% more likely to stay with their employer for three years or more. Working with a recruiter can help you identify candidates who are a good fit for your company culture and have the skills and experience to succeed in the job, improving your chances of hiring a long-term employee. (Source: LinkedIn, 2022 Global Talent Trends Report)
Access to passive candidates: Passive candidates are individuals who are currently employed but open to new opportunities. These candidates are often highly qualified and may be a better fit for your company than active job seekers. However, they are more challenging to reach and persuade to change jobs. A recruiter can help you identify and attract passive candidates, significantly expanding your talent pool and improving your chances of finding the best candidate for the job. (Source: Indeed, 2023 Talent Attraction Study)
Overall, working with a recruiter can provide significant financial benefits, including cost and time savings, improved retention rates, and access to a broader pool of passive candidates that you do not and will not have access to as they simply are not looking for a new role right now.
If you want to talk more, find out what you can do better, how to impliment things then get in touch with us at Mooch.