Dynamic Happenings

Dollar for Dollar, Recruiters Earn Their Keep

March 06, 2013 Hiring & Recruiting

Time is Money

Imagine – it’s crunch time for your business and one of your most productive
employees pops into your office and informs you that he’s quitting his job to
spend more time with his family. You don’t quite fall out of your chair, but the
realization that you’ve got some big shoes to fill is heavy. And all this when you
couldn’t be any busier.

Time Is Money

Posting on job boards, pre-screening candidates, scheduling interviews, conducting skills tests, checking references, and performing background checks is time consuming. Depending on the type of position, it can take up to 6 months to find the right talent, and during that time productivity can suffer.

How Much Are We Talking?

You may think you can’t afford a recruiter, but a bad hire can cause you a lot more than a headache, and recruiters don’t cost you a thing unless they find you the right person.

The U.S. Department of Labor estimates that hiring the wrong entry-level employee costs between $5,000 and $7,000 after three months, while mis-hiring a supervisor that earns $20,000 per year will cost your business about $40,000.  Make a bad hiring decision on a $100,000 per year manager and (OUCH!) you’re out about $300,000. 

Or…You Could Hire a Recruiter

Recruiters dedicate all of their time and resources to find you the perfect candidate for your job.  You’ll get a carefully selected pool of pre-screened applicants and more time to do what matters most – run your business. 

It’s Time to be Strategic with Your Hiring Strategy

These days it’s all about opportunity cost and recruiters earn their keep, dollar for dollar. Get productive with a recruitment team and earn back your initial investment with the time you’ll save finding the right talent for your business.

Photo courtesy of taxcredits.net. 

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