Hiring is hard work. Every time an employee leaves, you dread having to fill their position, because it costs you a lot of time and money.
You’ve been thinking of partnering with engineering recruiters to help with the workload, but you’re not sure if it’s cost-effective. Here’s a look at what you have to gain — and the money you can save — by working with a staffing firm.
Three Ways Recruiters Save You Money
Fill Open Positions Quickly
Being short-staffed is bad for business in many ways. Without a full team, you can’t reach production capacity. This likely means you’ll have to pass up business opportunities that will hurt your bottom line.
Additionally, the rest of your engineering staff will have to pick up the slack until the position is filled. This could mean you have to pay overtime expenses — which definitely adds up fast — and also increases the risk of employee burnout, which could cause even more staffers to leave.
This is a non-issue when you work with a recruiter because you gain access to their talent pool. They work hard to maintain a network of passive and active jobseekers, so they know exactly where to turn to fill your open position right and in a flash.
Save Time Interviewing
Finding the right engineer for the job is crucial. Therefore, you interview many different candidates every time you need to fill an open position. Being thorough is a must, but it’s also very time-consuming — and time is money.
Recruiters make this a non-issue by doing the work for you. They post the job, choose the candidates and conduct the interviews, so all you have to do is meet with their top choices.
Onboard the Right Candidate
The average cost per hire is nearly $4,000 per person, according to Bersin by Deloitte. Hiring is expensive, but hiring the wrong candidate is costly in more ways than one. Not only will your bottom line take a hit — this can also cause employee morale to plummet.
You won’t have to worry about this if you work with a recruiter, because they hire for a living. They know exactly what to look for in the right engineering candidate. Plus, if things don’t work out, most recruiters guarantee the professionals they recommend and will find a replacement for free.
Ready to raise the quality of your hires while lowering your recruiting costs?
Team up with Premium Staffing, Inc. Get in touch today to find out what we can do for your company!