A recruitment process is time-consuming and requires extra effort to get the right candidate. After all the due diligence, background checks, and excellent negotiation, a candidate comes on board. This effort is worthwhile if the candidate can stay and perform in the organization for a decent period. New hires often do not stick around and leave the organization within a short time, thereby starting the recruitment process all over again. This is unproductive for the business as goals and targets get hampered.
Advantages of Recruitment firms
The advantages of taking the services of recruitment firms are that they first understand the organization's hiring needs and then use their database and networks to shortlist candidates for interviews.
Just filling vacancies on an ad-hoc basis does not serve an organization's purpose. It is worthwhile to discuss with the recruitment firms the strategic business objective and long-term plans. This will allow the firms to understand the hiring needs and provide the best solutions. Human resources hiring agencies become partners in delivering Human resource solutions. In fact, they can be considered as an extension of the organization's Human Resource department.
Industry experts
Recruitment firms have a good network in the hiring sector, and many have industry-specific expertise. For example, if one is looking for IT Recruitment in Malaysia, some agencies work only in the IT sector. These agencies have the industry pulse at their fingertips. They can give insights into the health of the industries and the hiring outlook of many businesses. On the flip side, this is also beneficial for candidates. They will know which recruiting firms to approach that will fit them according to their domain expertise.
All recruitment agencies ensure that candidates hired from their recommendations stick to the organization for a minimum period. Otherwise, their consultancy fees are either refunded or adjusted against the next recruitment.