Many business owners have set their sights on growing their companies this year. However, to scale that kind of growth, you’ll likely need a few extra hands on board. You have a few options when it comes to sourcing new hires, but which is the right one for you? Here’s a look at how in-house hiring vs. outsourcing recruiting services stacks up against each other.
There are some pros and cons of choosing an external recruiting service. First, you should look at in-house hiring. The individuals hiring in-house typically know your company fairly well, making them an expert at what it takes to excel in that environment. They will be able to tell a good fit and will know what the specific hiring needs are.
At the same time, when you use in-house recruitment teams you are utilizing internal resources that could be used elsewhere. Most of the time, hiring managers and human resources managers are in charge of a number of other things, including employee development and retention. Finding a quality candidate and bringing them onboard can take a lot of time and money. You’ll lose focus on some of your core projects while searching for a candidate too. Outsourcing recruiting services can help you mitigate some of that cost.
Not only will using a staffing agency help you keep the cost of a new hire down, but you will have more flexibility in the services they can provide. Beyond simple recruiting services, a third party can help advise you based on industry changes, help you address staffing needs based on industry demand, and build long-term talent pools.
You will save money when it comes to advertising open positions when you work with an outside recruiting service too. There is no need to pay separate post fees and membership fees. All of that is covered in the work done by the recruiter.
If you are looking to expand your business, staffing agencies can be a fantastic resource. Instead of putting additional strain on your internal team to find new employees to help with your growth initiatives, you can rely on a recruiter to help find suitable candidates. While resumes are being reviewed, your human resources team can tend to other businesses, like career development opportunities for current staff to help fill skill gaps. All of this gets pushed to the side when they are tasked with finding a new staff member or members.
There are a million reasons you should outsource your recruiting services this year. Working with a staffing agency like Timpl can help you recruit quality candidates, vet them, and interview them. We will also assist you in onboarding new employees that fit your company culture and needed skill set. Best of all, our staffing services will be faster, easier, and cheaper than running in-house hiring programs.
If you would like to learn more about how our team of professionals can assist your organization, contact us.