Inhouse direct recruitment vs. external agency recruitment has long been a widely debated topic. Whilst some companies find it beneficial to capitalise on the experience and network of recruitment agencies, we firmly believe that investing in direct recruitment is the best way for startups to hire. Why? Take a look at some of the benefits below…
Offers a better return on investment
Rather than paying out money to a third party each month, it makes far more sense to invest in your own brand. Building up a strong employer brand will have a positive PR effect on your company and will get people talking about you for all the right reasons.
In competitive recruitment markets, a strong employer brand will help you stand out and give job seekers compelling reasons to join your company over one of your competitors. It will help you to market you values and personality to candidates, which will result in increased engagement, something that contributes to greater productivity and higher retention rates.
Acquire quality candidates
By conducting direct recruitment, you also stand a much higher chance of hiring quality candidates that are a perfect fit for the job. With recruitment agencies, there’s always a risk of them sending through a ‘closest match’ rather than a candidate that has the ideal skills, experience and personality for the advertised role. Acquiring quality candidates first time round can save you huge financial implications, as you won’t have to repeat the recruitment and on boarding process multiple times.
Control over the recruitment message and experience
Investing in your own direct recruitment will give you greater control over the recruitment message and experience for candidates. You will be able to represent your company accurately and craft a recruitment process that will allow you to find the perfect candidates for your advertised roles.
Recruitment agencies tend to use a one size fits all approach to hiring candidates and this process doesn’t always churn out the right people at the end. The more control you have over recruitment, the more likely you are to end up with great candidates who go onto become loyal members of staff.
Build a talent pool for the future
One of the major downsides of using a recruitment agency is that you have no communication with the candidates that just miss out on the role. This means there’s no opportunity for you to build a talent pool or pipeline that you can source from in the future.
By doing your own direct recruitment, you can effectively build a talent pool for your startup. This basically involves keeping in contact with candidates who missed out on previous roles, as well as graduates and other talent, who you may be able to use to fill job roles that come up in the future. Having a talent pool at your fingertips can greatly reduce recruitment costs and allow for a far more efficient process.
Outsourced direct recruitment
It’s important to remember that just because you choose direct recruitment over agency recruitment, it doesn’t mean you have to do it all yourself. The work can still be outsourced and done remotely by companies like The Talent Hackers. We work closely with businesses to conduct direct recruitment, using our wide talent pool and top of the range recruitment technology to help them find the right candidates to fill their roles.
Interested in finding out more? Give us a call today!
Image credits: Images from SumAll and uberof202