June 2023

The Benefits of Partnering with a Recruitment Agency

How to save your business time and money by partnering with a recruitment agency

 

Hiring new employees can be a time-consuming, resource-intensive task for any organisation. According to ANZ data, the cost of hiring an employee averages $21,000 for a business[1]

By partnering with an experienced recruitment agency, like JK Personnel, you can benefit from a range of advantages that can help to save time, streamline the hiring process, and find the best candidates for your business’s roles.

 

 

Advantages of Partnering with a Recruitment Agency:

Save time and money

Research has shown that a bad hire can cost your business up to 21% or an employees annual salary[2]. This is based on lost revenue, lost productivity, and additional performance management and training resources. Experienced and well-connected agencies can help you avoid this by ensuring that the right candidate is found and hired quickly. Recruitment agencies can handle the entire recruitment process, from writing position descriptions, posting job ads, screening candidates, checking references, and conducting interviews, freeing you up to focus on the other important tasks within their business.

 

Gain access to a larger talent pool

Not sure where or how to access the best candidates? Experienced agencies, like JK, have access to a large network of job seekers. They actively source candidates and have a database of highly skilled candidates from a range of industries. This allows your business to reach potential candidates that you may not have been able to find on your own.

 

Local expertise and industry knowledge

Recruitment agencies specialise in matching the right people to the right jobs. You can benefit from the agency’s expertise and industry knowledge in understanding the skills, experience, and qualifications needed for a candidate to be successful in any given role. A good agency will take the time to understand the needs of the role and your business to ensure they get it right the first time.

 

Flexibility and scalability

Reputable agencies, like JK, can adjust to suit your business’s needs, whether for a single position or an entire workforce, and scale the hiring processes accordingly. Having the flexibility to obtain temporary or contract staff when needed from a recruitment agency allows you to scale up or down your workforce as required, with just a phone call.

Read our case study on how we assisted in recruiting and integrating a workforce of 150 in a six month period.

 

Develop long-term partnerships

Get the staff you need through your doors faster by building an ongoing partnership with your recruitment agency. This allows the agency to gain a deep understanding of your business’s culture, values and hiring needs to provide ongoing assistance in sourcing exceptional talent for future job openings.

 

By partnering with an experienced and reputable recruitment agency, like JK Personnel, your business can draw on the expertise and industry knowledge, save valuable time and resources, and ultimately, be able to focus on growing your business while the your agency and experienced consultants handle the entire recruitment process.

 

If you need staff in your business, get in touch with one of our specialist recruitment consultants now.

 

 

 

 

[1]This is an average based on ANZ’s average cost of hiring for a new executive ($34,440), senior-level management ($23,059), mid-level hire ($17,841), and entry-level positions ($9,772) These insights come from the HR Industry Benchmark Survey, an annual Trans-Tasman survey of more than 1,500 Australian and New Zealand human resources professionals conducted by ELMO Software and the Australian Human Resources Institute (AHRI). The HR Industry Benchmark Survey is now in its third year and explores the core challenges, priorities and opportunities for HR professionals in Australia and New Zealand.
[2] based on lost revenue, lost productivity, and additional performance management and training resources, found by a Robert Half survey. https://www.roberthalf.com.au/press/rising-costs-bad-hire
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