In a busy job market, where candidates are in abundance, there is often a misconception that it will make filling roles much easier. More candidates equals more success at finding the right person for the job, right? Unfortunately, it’s never that simple. The truth is, the more applicants you have for a role, the harder it can be to find the right fit. On top of this, how do you ensure you are still getting the best talent and not just the available talent?
While the use of job boards will attract a high volume of applicants in markets like these, the painstaking task of reviewing so many unsuitable candidates can often leave hiring managers and internal talent partners with recruitment fatigue. There’s also the time-consuming process of responding to all the candidates that you cannot progress with. Current stats show that a job ad can attract, on average, 300 applications, yet suitable candidates for your role will only be a fraction of that, barely even reaching double digits.
So, what’s the solution? Partnering with a specialist recruitment agency, can provide many benefits, and help to address some of the challenges businesses often face from having to ‘go it alone’. These can include:
Quality vs. quantity – sourcing high-quality candidates
The more applicants that you have for a role, the easier it is to get lost in resumes that might not match your needs. Recruitment agencies have the expertise and tools to filter through the noise and bring you top-tier candidates that align with your company’s culture and specific role requirements. This focus on quality, in turn, can help to increase the rate of success and longevity your new employee will have in your business.
Time and cost-saving efficiency
Sorting through a flood of applications is time-consuming, costly and can pull your team away from critical business tasks. A specialist recruitment agency takes care of the heavy lifting, so you can stay focused on driving your business forward. While recruitment agencies do charge a fee for their services, this cost is offset by the time and resources you can save by outsourcing part or all of the hiring process. It’s hard to argue with that logic!
Access to the passive candidate market
Many top-tier professionals aren’t actively job hunting but may be open to considering new career opportunities if approached. All good recruitment agencies will have access to these passive candidates, particularly specialist recruitment agencies as they have an in-depth knowledge of the skills, qualifications and experience necessary for specific industry-based roles, along with a deeper understanding of the candidate market and talent available. They can engage the right candidates, with the right opportunities, therefore expanding your talent pool beyond just active applicants.
Tailored recruitment strategy to suit your needs
The recruitment agencies that produce the best results don’t just fill roles; they create a transparent recruitment strategy based on your company’s unique needs, culture, and future growth plans. This ensures you’re not just hiring for now, but for long-term success.
An ambassador for your company
A good recruitment agency will take the time to get to know your business, your challenges, drivers and needs, to ensure that they can provide you with tailored, relevant recruitment support, to increase the chances of successfully sourcing the right talent for your business. Bringing your business to life outside of a job description through the storytelling of company history, culture, future developments and company growth objectives, will in turn result in a stronger buy in from prospective candidates.
Speed to success
With a focused approach and established talent networks, recruitment agencies often reduce the time it takes to fill a position, helping you minimise downtime and keep productivity high.
Your partner in recruitment
In a market overflowing with talent, partnering with a specialist recruitment agency can be a game-changer. By collaborating with a recruitment specialist, you not only streamline the hiring process but also gain a competitive edge in attracting and retaining the best talent in the market. It’s a strategic investment in your company’s future success!
At [axr], we focus on building careers, not jobs, teams not hires. We understand the value of making good career decisions and partner with businesses for growth, not just now, but in the future.
If you have Sydney-based roles in accounting and finance or sales and marketing that you are looking to fill before Christmas or further into 2025, reach out to schedule a consultation about how [axr] Recruitment & Search can support you to achieve the best results for you, your team and your company.
