How to save money and get better results in recruitment
Recruitment can be an expensive process. From advertising job vacancies to finding the right candidates, interviewing them and getting them through the door, every new hire you make is a huge investment in both time and money. But it doesn't have to be that way.
You don’t need to pay shocking recruitment fees!
With a little savvy, you can drastically cut the costs of your recruitment process. Below, we’ll run through the best ways for your business to cut recruitment costs whilst still getting the job done to the highest standard. Follow these four easy steps and you'll be set for success.
Step 1: Advertise your jobs on the highest traffic job boards
Traditionally businesses work with recruitment agencies to help them fill vacant roles. Although helpful in many ways, this can come at a huge cost with average fees between 15% and 20% of the annual salary - ouch! For a one off cost of £299 or less, our highly recommended recruitment service will help you get your roles filled quickly.
By leveraging our knowledge and excellent relationships with the major job boards including Reed, CV Library, Total Jobs, Monster, Fish4, Jobsite, Career Builder & Indeed, we’ll provide a great selection of relevant applications from candidates that meet your criteria.
Step 2: Get yourself an Applicant Tracking System
Improving efficiency is an excellent way to lower costs, so we include applicant tracking software to help streamline your recruitment process.
Our award-winning smart software will help you move candidates through the process from CV submission to interviews and beyond.
We make it simple to store and filter CVs, manage candidates through the recruitment process and track interactions between candidates and your team, so you can save a vast amount of time in administration.
Step 3: Build a talent pool
Our easy to use system means you can build a talent pool of candidates for your future roles. Once candidates apply to your job, you're free to make as many hires as you like at no additional cost. If you receive an application from a candidate you think would be a perfect fit for a completely different role within your business, you're free to take them on for that role too!
Step 4: Give incentives for new starters and long term hires
You can go a long way towards getting new and retaining the best candidates for roles if you offer incentives. These can be super simple things like doing regular team-building activities, creating an office 'Wall of Fame' to recognise great work from your employees and offering flexible working. When you provide incentives it increases company morale and builds a great culture, giving people a reason to believe in the company they work for, and that they are part of something bigger.
All recruitment professionals know that filling job vacancies can be a costly process. However, by using some of the techniques and tools listed above, you can drastically cut these costs and save a fortune on finding the right talent. Not only will these save you money, but they will also save you time, meaning you can focus on the more important elements of finding the right employees. Please get in contact if you'd like to explore how we could assist and free up some precious time in your day - we'd be delighted to help. Or feel free to click here and book your job today.