As a business owner or manager, you might have a budget for marketing and sales-generating activities but are still wondering why you can’t break through to the next level of revenue or retain great clients.
If you’ve hit a roadblock, you might want to consider the possibility that you have a people, systems or processes issue. According to Forbes, culture-fit is one of the most important aspects of retaining great employees.
In this article, we explain the five signs it’s time to hire an HR recruitment agency. We’ll also help guide you to choose the best one for your business success.
Sign #1: You can’t seem to find the best candidates.
The first of the five signs it is time to hire an human resource recruitment agency is that you’re having trouble finding the right candidates to fill your open positions.
Does it feel like no matter how many people you interview, you just can’t seem to find someone who fits your open position? If you feel like you can’t seem to find the best talent with the right experience, it might be that you just don’t have access to the best candidates. However, many HR recruitment agencies do.
HR recruitment agencies know where to look to find the best candidates for the job. They can look in areas or use a recruitment strategy that you may have not thought of.
What’s more, HR recruitment agencies not only know where to find the best candidates for the job, but they may already have them. Recruitment agencies often already have a database of candidates that have been screened and verified. They can then source candidates from their list that they think would be a good fit for your open role.
Sign #2: Recruitment is swallowing your time and money.
Recruitment takes a lot of time. With the recruitment process taking businesses an average of 68 days to complete, you stand to lose a lot of valuable time looking for the right candidates that you could have used to build your business. You also lose money during this time, especially if you’re in serious need to fill your open role as soon as possible. The Australia Financial Review suggests that during this 68-day period, businesses lose an average of $34,000.
If you spend all your time and money on recruitment instead of doing your own job, it’s a clear sign it’s time to hire an HR recruitment agency. Not only can a recruitment agency find you the right candidate in a fraction of the time, but they will also do it at a fraction of the price that it would cost you to go through the prolonged process yourself.
Sign #3: You’re not familiar with the recruitment process in your industry.
Before you embark on your recruitment journey, did you aim to understand the hiring best practices of your industry? Not every industry goes about the recruitment process in the same way. For example, you may not be looking in the right places where you would find a suitable candidate. Or it could be that your interviewing process isn’t the norm and has candidates withdrawing their applications before reaching the final stage.
If you’re not sure of the nuances of recruiting within your industry, then that may be a sign that you need to hire an HR recruitment agency. There are often recruiters with specialised knowledge in specific industries who understand the hiring process and know how to go about finding you the best new hire.
Sign #4: You have been burnt by not understanding recruitment law.
Before hiring a new employee, make sure that you know the law, including your rights and responsibilities when hiring new employees. If you don’t comply with Australia Employment Law, your new hires may not last as long as you were hoping.
There’s legislation that applies to all employers across Australia as well as legislation that applies to you as an employer depending on your industry and the type of company you run. Either way, employers have several obligations and responsibilities when hiring and training employees – obligations that an HR recruitment agency can help you comply with for new hires.
Sign #5: You have a high staff turnover.
The last of the five signs it’s time to hire an human resource recruitment agency is that you have a high turnover rate of employees.
Maybe you can complete the recruitment process and come out of it with a new hire every time. But the process doesn’t end once your new employee walks in on their first day, and it takes much longer to see whether your recruitment efforts were a success.
If, after a few months, you realise that your new hire isn’t as capable as you thought they were and you have to let them go, you’re back to the beginning of the hiring process. If your employee ends up resigning after only a few months, they may have realised that your company isn’t a good fit for them. Both of these scenarios are avoidable with a good recruitment process.
When you use an HR recruitment agency, they work to find you only the best candidates who fit your culture with long-term intentions in mind. This decreases your turnover rate and saves you money in the long run.
How HRonHand Can Help
If one of these five signs that it’s time to hire an HR recruitment agency resonates with your current recruitment struggles, it’s worth exploring your options.
HRonHand can help you with your HR recruitment needs by offering multiple HR services such as:
- Sourcing and managing high-quality candidates
- Screening resumes and setting up initial interviews
- Conducting reference checks
Click here to read more about how HRonHand can help.