So Is A Flat Fee Recruitment Agency For You?
Indeed if you are in any people oriented business especially in the service industry like IT/ITES or financial services
. Given that the requirement of skilled work force is the highest in this nature of business both in terms of quality and quantity, talent acquisition cost can be substantial in these businesses. Frequent attrition too can add to this cost in the form of talent replacement cost. Moreover, the critical processes of these businesses require prompt placement of the requisite manpower to ensure business continuity.
Given the requirement of maintaining costs at a minimum, flat fee recruitment service can help such businesses. Hiring this kind of recruitment agency can benefit such businesses by finding the desired talent in the minimum time possible and for a reasonable fee.
Flat fee is the fixed charge you will need to pay to the flat fee recruitment agency for their service. The flat fee recruitment packages do not include any additional or hidden costs. However depending on your specific requirement, the recruitment packages may vary. Usually the flat fee recruitment package will includes the cost incurred in advertising for the required position. These advertisements usually feature on classified job boards for a stipulated period of time.
Apart from helping save money, flat fee recruitment will help you in finding the right candidate in the shortest possible time. These agencies are able to use technology effectively and with their expertise can advertise your job posting to classified networks, to tap the right talent. These services have developed advance techniques and have access to software like applicant tracking system and CV parsing. This helps them to determine in advance the specific recruitment requirement of their clients and use this information to articulate an appropriate online advertisement to attract the best candidates.
Besides tapping the right talent they will assist you in filtering the candidates to eliminate the irrelevant ones at the early stage, and short listing the best talent for the final stage.
These kinds of agencies are able to optimize their efforts by identifying and correcting the deficiencies of the conventional form of recruitment.
Such agencies are also recommended for small businesses, as the costs involved in recruitment will be substantially lowered if these agencies are hired. For a small business every penny saved is a penny earned and going by this rational, the flat fee recruitment agency will be a veritable ally for such small businesses.
Apart from savings in the form of lower recruitment costs, the flat fee recruitment agencies are experts in using the new age technology to tap the right talent for you. The coveted talent, which can be the most important determinant in the success of any business.
by: divya
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