Personalised Recruitment Solutions for your Business
Every company is unique, and so are recruitment requirements. While some organisations advertise one vacancy every so often, others look to fill multiple positions regularly.
It’s thus important to calculate what’s most cost-effective for you and your company. One size does not fit all, and choosing the wrong recruitment option can end up costing you more money, time and effort than it should.
Recruitment solutions such as agencies seem like attractive time-savers but often yield unsuitable results for exorbitant prices. But what is the alternative?
That's where eTalent comes in. Our comprehensive psychometric testing and recruitment technology make the hiring process efficient, fast, and straightforward. Read on to find out more.
Should I use employment placement agencies?
Recruitment agencies can seem like great time savers, and many companies frequently use them. However, while agencies are great for taking the stress out of hiring, they can cost you more money in the long run.
You can expect to pay on a sliding scale, depending on a range of factors, including the position you’re trying to fill (higher-paid, harder to find roles will likely cost more), location and even industry. Annual salary, how many positions you are hoping to fill and whether you are looking to hire temporary or permanent employees also contribute to the confusion.
On top of this, agencies take a percentage of the annual salary. This percentage can be anything from 10% to 30%, depending on what position you are hiring for.
Broken down simply, that means if you are recruiting for a role with an annual salary of £20,000 and have agreed on a cut of 15%, you’ll pay £3,000 to fill that vacancy alone – needless to say, it can get pricey quickly.
Moreover, the truth is if an agent doesn't properly know and understand the group structure of your company, it can be hard for them to find the candidate that fits. Without an active interest in your business, a third party may not authentically invest in finding the right person for the job.
Nobody knows your business better than you do, so it makes sense that an informed employee who already understands the company culture should conduct the hiring process.
A recruitment agency will have significant control over which candidates they put forward for the job and may even have a vested interest in making that applicant look attractive. This could lead to CV tweaking or professional writing and exaggeration on applications that hinder your search.
So, what's the alternative for recruiting?
There are other ways to make the hiring process easy, cost-effective and efficient.
eTalent offer personalised recruitment solutions to suit everyone, whether you're looking to fill one vacancy or multiple – read on to find out how much money, time and effort you could save.
If you are hiring less than four staff members a year, you can opt for eTalent’s single hire option.
At a flat fee of £600, it’s far cheaper than using an agency, and it includes advertising on ten job boards and full access to eTalent’s personalised recruitment portal, where all your data is kept in one place.
Furthermore, eTalent’s unique system means the chance of finding an employee who works well in your team and wants to stay with you for the long-term increases substantially. Applicants log directly into eTalent’s portal, which is designed in your branding, and apply by filling in the application form, which includes skills and experience and dedicated psychometric and behaviour tests.
All questions are tailored to your company and role, meaning you find out precisely what you need to know without having to sieve through irrelevant information.
The candidates are assessed for suitability and fit. Then submitted results are displayed in the portal, where you can see the status of their application, allowing you to quickly see who is worth reviewing before delving into the details.
It really will save you time and money and enable you to keep your sanity – no more wading through piles of CVs!
Hiring multiple employees through a recruitment agency gets expensive quickly, but with eTalent’s unlimited use package, you don’t pay per hire; monthly prices depend on company size.
That means for a fixed monthly fee, you get permanent access to your personalised, branded portal, with all the benefits explained in the previous section and the freedom to hire as many new employees as you need.
Recruitment shouldn’t be the responsibility of just one person, so you also benefit from multiple accounts; as many employees, as you like can access, manage or review candidates, making discussions and comparisons easy. All of this information can be condensed down into a digestible downloadable report.
For a company of <50 employees, you can get all of this for as little as £100 a month, which equates to £1,200 a year and is likely cheaper than hiring just one candidate through a recruitment agency - it’s well worth investigating.
Whether you're a private limited company or part of the public sector, we make the hiring process easy. Visit our website to find out more, or give us a call today to chat through your recruitment requirements; we’re happy to help!