The hiring process can be costly and time consuming. Recruiting and hiring are cumbersome tasks that many managers and HR specialists simply don’t have time for on top of their other daily responsibilities. And if you make bad hiring decisions, the time and money you spend will inevitably increase.
Staffing agencies provide myriad benefits, but the way they work will ensure that you save time and money, which is a goal that every company wants to achieve. A niche staffing agency, in particular, is one that works within your specific industry or hires for the exact positions you’re looking to fill. A niche staffing agency doesn’t serve all companies in general, but rather, a limited number of clients with specific hiring needs.
Here’s how a niche staffing firm can help you save time and money.
The Staffing Agency Will Do All of the Legwork
Think about all of the time it takes to write accurate and engaging job descriptions, find the most valuable channels to post your job advertisements on, evaluate incoming resumes, interview candidates, perform background checks, and make final hiring decisions. To fill just one position, this hiring process could take longer than a month to complete—and that’s time that could be spent on revenue-generating or more strategic business activities.
When you engage a staffing agency, its representatives and recruiters will handle all of these tedious and time-consuming tasks, so you can get back to the work that really matters. You’ll still make the final hiring decision—but the rest of the time-consuming tasks will be dealt with for you.
Valuable Industry Insights Will Result in Better Workers
A niche staffing agency will have in-depth industry insights. As it works day in and day out with clients and candidates in your industry, it will no doubt be able to pass on some of its valuable knowledge, which can help you make more informed hiring decisions, and ultimately, hire better workers.
For example, the agency will know about typical pay scales for positions, challenges and opportunities in the industry, like a skills gap, and where to find the best workers. When you have all of the information you need to make better hiring decisions, you can save time from wasting your efforts in the wrong locations, searching within the wrong channels, looking for the wrong skills or personality traits, or trying to hire top talent with a poor compensation package.
Faster Hiring Means Less Costly Downtime
The recruiters at a niche staffing agency are always on the hunt for A-players who fit the exact job descriptions at your company. Instead of starting the hiring process once you call, these recruiters are already working on solidifying relationships with top talent in your industry and recruiting them. When the time comes and you have an opening, the agency will already have a roster of qualified employees from you to choose from, so you’ll be able to hire faster. Instead of facing a month of costly downtime, reduced productivity, and undone work, you’ll have a new hire ready to start in just a few days, and sometimes, a few hours.
More Qualified Workers Equals Lowered Turnover Costs
Because your niche staffing agency has a wide network and great connections with top talent, you’ll be able to ensure that all of the employees you hire through your firm will be skilled and experienced. Not only that, they will be a match to your company culture, ensuring that they have the same values and beliefs that make up your company. This can allow for greater certainty that the people you hire will enjoy their work and want to stay with you long term. When you hire qualified, happy workers, you can reduce your turnover rate, which in turn, reduces your recruitment and hiring costs, lost productivity costs, and training costs.