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3 advantages of third-party recruiting

Despite growing competition from job boards, social media and internal recruiting teams, third-party recruiters continue to post strong numbers, indicating they still have more to offer than their peers. Often internal or corporate recruiters turn to third-party recruiters after getting frustrated by job board-applicants, or simply because they are overwhelmed with requirements internally. While the recruiting landscape has changed with the growing role of the internet on both sides of the talent acquisition process, working with third-party agencies to identify and connect with top talent still gives companies an edge in bringing their industry's top talent on board. 

By hiring a recruiting firm to fill their open positions, organizations can benefit from the following advantages: 

  • Market knowledge: The top retained search firms are troves of market knowledge that can help companies make smarter hiring decisions. Having sourced talent in specific job markets for years, recruitment consultants have unique insight into the salary rates and career expectations of many industries' top talent, giving their clients the best possible chance at putting together attractive offers. What's more, experienced recruiters know where and how to best connect with specialists in even the most specific niche jobs, helping companies hire for difficult roles quicker than their competitors.
  • Reach: Unlike job boards, which generate a high volume of often unqualified applicants, recruiters tap into their networks to find qualified candidates even when they not yet actively looking for a new job. With this type of reach at their disposal, businesses can connect with top talent whether they are too busy to apply or (mistakenly) don't think they are a good fit for the company's talent pool, giving them a far broader network than simply those who actively respond to job postings.
  • Quick fills: When specialists leave their jobs, employers are typically left scrambling to fill the vacant position quickly so that the department's productivity doesn't suffer, especially when the role cannot be temporarily covered by existing staff. In these cases, third-party recruiters truly shine, as they are able to get skilled personnel on site in a relatively short time. Whether they serve as a temporary patch or a longer-term hire, those outside recruiters can find specialists in a pinch to help businesses maintain their efficiency in the face of sudden employee departures.

When a company is looking to replace a person, one additional advantage is that third-party recruiters typically approach potential candidates neutrally (without disclosing the clients' name). Used on a retained basis, third-party recruiters are able to better understand a company's employer brand and the specific skill-sets they desire, making the above benefits even more pronounced.

Finding people is easy, but finding the RIGHT people is not. YES Partners helps companies FIND the right people for all company functions, across many industries and globally.

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  1. September 12, 2018, 7:29 pm

    Thanks for pointing out that a recruitment agencies are able to find skilled workers in a relatively short time, so they’ll really come in handy if you need to fill a vacant position quickly. At my workplace there have been a couple people who have quit without much notice, and it’s caused us to get really behind on the work while we find a replacement. I’ll definitely suggest that we look into a third party recruiter to protect us from damages in case that happens again!

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