subject: The benefits of outsourcing your recruitment process [print this page] The benefits of outsourcing your recruitment process
It can be a big step to outsource the recruitment process, and choosing the right company to help you can be daunting - however the benefits far outweigh any negatives and ICAEW Online has broken the positives down.
HR specialist Tom Whitney says "Effective outsourcing [of HR functions, such as recruitment] enables you and your business to focus on what you do best.", and the chairman of the National Outsourcing Association (NOR) also talks of the financial benefits - "Businesses can save money by finding a more cost-efficient external supplier, freeing up their own time to focus on their core competencies."
Outsourcing your recruitment can also provide you with a much broader range of candidates, with different skill sets, areas of experience and capabilities. Many managed services companies have hundreds of thousands of candidates on their database, helping you to fill niche roles that perhaps you haven't been able to for months.
By allowing a trusted, experienced company to handle your recruitment, you can take complete control of the recruitment process, without any of the hard work or paperwork involved. Managed service companies can even hold assessment days on your behalf, using bespoke questions, role-play scenarios and group exercises to determine the right candidates for your roles.
Added-value benefits such as consolidated invoicing, control of your second tier supply chain and migration/transition support are key features of managed services, making your processes more efficient, and ensuring all legal aspects are covered sufficiently. Resource management is taken care of, with your trusted partner effectively deploying workers as and when you require them.
Additionally, managed services companies can help you plan your workforce, identifying any potential times of increase/decrease in workload, and putting in place structured plans to handle this. They are able to identify and mitigate any potential legal issues, and should report to you on a quarterly basis - providing management information based on Key Performance Indicators (KPIs) and Service Level Agreements (SLAs).
By outsourcing your recruitment, you will achieve time, cost and process efficiencies - allowing you to concentrate on the finer details of your business.
