When should you engage a staffing firm to hire employees? Talented employees are the lifeblood of a successful business. Without the right staff, your organization’s growth and success become harder to achieve. Former Xerox CEO Anne Mulcahy sums up the importance of employees in this powerful quote:
“Employees are a company’s greatest asset – they’re your competitive advantage. You want to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company’s mission.”
Getting the right people on board gives your company a competitive advantage in your industry. Therefore, hiring the right employees is crucial to ensuring success. Success lies in knowing how and where to find the best people for your organization.
Let’s take a look at five great reasons why using a staffing firm to hire employees helps your business grow faster than hiring on your own.
When Should You Engage a Staffing Firm to Hire Employees?
When your company’s resources become overburdened, using a staffing firm to hire employees – whether Direct or Temporary – may become the best way for you to allocate resources more efficiently and focus on what you do best.
Using a staffing agency is an important decision as you’re entrusting your company’s most valuable asset to a third-party service provider. Nevertheless, there are times when hiring new staff shifts your company’s focus from its core business functions.
Hiring a staffing firm is a wonderful alternative to direct hiring for many companies. While it may seem more expensive at first glance, it’s much more cost-effective in the long run. Using a staffing firm to hire employees is an investment in time and effort.
Matthew Caldwell, former VP of people at Instacart, sums up how critical recruiting is for any company, “Recruiting should be viewed as a business partner, someone who is critical to the success of the business.” A staffing agency can become your trusted business partner in helping you grow your business.
Here are five examples:
1. You Want Access to All Talent in the Marketplace
Hiring employees in-house may seem like the most logical way to approach your staffing needs. However, there may be occasions in which hiring in-house may pose a significant drain on your company’s resources. For instance, hiring employees takes your current staff’s time and attention away from their core tasks. Employing a dedicated hiring department may turn into a financial burden.
Additionally, most companies only have access to the people who respond to their add. Consider this:
• If unemployment is less than 4%, then 96% of potential candidates are working.
• Of the 4% who are unemployed, only a fraction will see your ad and even fewer will apply
Staffing firms exist to find “passive” or “hidden” candidates that a help wanted ad will not identify. A good staffing firm can proactively tell working candidates about the benefits of working for your organization and get them excited about a new opportunity in a way that a job ad cannot.
2. Your Staff Needs to Focus on Core Functions
Finding the best talent may take considerable time and effort, requiring current staff to divert their attention from critical tasks. For instance, your company plans to launch a new product. As a result, you need to hire a production engineer to supervise manufacturing. Engaging a new engineer requires you to post job ads, review applications, interview candidates, and make a final decision. This entire process takes up valuable time and resources, thereby diverting attention away from your staff’s core functions.
Using a staffing company to fill your hiring needs facilitates your focus on core functions. As tech legend, Steve Jobs once said, “The secret of my success is that we have gone to exceptional lengths to hire the best people in the world.” A staffing firm can aid in bringing the best people aboard your firm.
3. Your Company Needs Temporary or Seasonal Workers
Some companies require seasonal or temporary workers at various points throughout the year. Companies also need temporary workers to fill positions vacated during maternity and sick leave, vacation time, or due to unforeseen circumstances.
Your staff may need to scramble to find appropriate replacements for open positions in such situations. This situation stresses your team needlessly and rushing a staffing decision could lead to mistakes.
Outsourcing the hiring of seasonal or temporary workers is proven to help businesses grow. Your staff won’t need to take time to focus on bringing in new talent. For example, retailers can employ a staffing firm to hire seasonal workers more quickly during the holidays. A staffing and recruiting firm can become a true life-saver when you’re up against the clock to fill positions.
4. Your Staff Does Not Have Hiring Experience
You may find your business going through a rapid expansion. Therefore, your staffing and recruiting needs outgrow your team’s knowledge, experience and expertise. This rapid expansion may cause your current staff to have trouble handling the rigors of a formal hiring process while maintaining excellence in their job.
Engaging a staffing firm to hire employees provides the support your staff needs. Indeed, a reputable firm has the necessary knowledge and experience to recruit, screen, vet, and qualify candidates for your companies specific needs.
Former Amazon CEO Jeff Bezos once remarked, “I’d rather interview 50 people and not hire anyone than hire the wrong person.” Mr. Bezos’s words underscore an important point: hiring mistakes can prove costly. An experienced staffing and recruiting firm can put your mind at ease. You can rest assured they’ve learned their lessons.
5. Your Company Simply Does Not Want to Deal with Staffing and HR Functions
Some of the most successful companies outsource their staffing and HR functions to a trusted staffing firm. For example, employing a top-notch staffing firm helps you hire workers, onboard them, manage payroll, and even handle some legal issues. In turn, your company can easily control costs while simultaneously getting expert support. In the long run, outsourcing hiring is much more cost-effective than building your own recruiting department.
One last thought. James Sinegal, Co-Founder and former CEO of Costco, offers this insight into hiring “If you hire good people, give them good jobs, and pay them good wages, generally something good is going to happen.” We can agree that the right people for the right positions in your company will lead to the right results.
How Can TalentZök Help You Grow Your Business?
TalentZök is a trusted staffing and recruiting firm with a proven track record in helping businesses grow. We focus on helping our customers find the right people they need in the shortest time possible. At TalentZök, we have the knowledge and experience to recruit appropriately, screen, vet, and onboard employees. As a result, we can help you grow your business by allowing you to focus on your company’s core functions. In turn, we take care of the heavy lifting. We strive to provide win-win solutions enabling our business partners to achieve their objectives.
Learn more today about how TalentZök can manage your staffing needs today!
This post is made available for informational purposes only to provide a general understanding of the topics discussed herein. It is not intended to provide specific business, legal, or professional advice, and should not be relied on as such. TalentZök is not liable or responsible for any damage or loss arising from any reliance placed on such materials.