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Recruitment agencies: Everything you need to know

15th June 2021 | 0 Comments

Hiring TipsTalos ATS 3 MIN READ

Many employers see outsourcing hiring to recruitment agencies to be a positive choice. Here we discuss the ins and outs, pros and cons, and viable alternatives to hiring agencies – helping you to build a positive hiring strategy.

What are recruitment agencies?

Recruitment agencies provide outsourced hiring services for employers. This can range from candidate attraction, to complete, end-to-end recruitment process outsourcing. 

Agencies are made up of teams of experienced recruitment consultants, whose job is to source compatible candidates for their clients’ vacancies. 

Pros and cons of using recruitment agencies

Before opting to use a recruitment agency, it’s important to be aware of their benefits and drawbacks. Here are some pros and cons to consider before using recruitment agencies:

Pro – Sometimes provide quicker hiring turnaround

Recruitment agencies can often provide a quicker hiring turnaround than your in-house team. This is because they’re able to dedicate 100% of their time to sourcing candidates, while your internal HR team may have other responsibilities.

Recruitment consultants also have access to recruitment technology – such as applicant tracking software, and pre-existing talent databases. This makes it easier for them to source and manage relevant candidates. 

Pro – Reduces work for your HR team

An outsourced recruitment process means less work for your in-house HR team. Whether you opt for candidate attraction services, or end-to-end outsourced hiring, consultants will take the brunt of the work from your team.

Con – Can often be more expensive than internal hiring

Recruitment consultants are experts in their field; this means they often charge premium prices for their services. While many companies see this as a necessary expense, outsourced recruitment is often much more expensive than in-house hiring.

Fees associated with recruitment agencies may be based on the successful candidate’s first annual salary, or may even include an up-front charge. Many companies end up paying above the odds when they choose to outsource hiring.

Con – Can reduce engagement with your employer brand

While recruitment consultants may be experts in their field, they’re far from experts in your unique employer brand. This can often lead to a reduction in candidates’ engagement with your brand and its values.

This may reduce the compatibility of your candidates, and could even damage your employer brand reputation if handled incorrectly. Agencies often opt for unbranded recruitment advertising, detaching applicants from your unique workplace culture. 

Why should I opt for in-house recruitment?

There are a number of reasons why you should consider recruiting in-house. Here are some of the benefits of centralised hiring:

Increased engagement with your employer brand

In-house recruitment means candidates are actively engaged with your employer brand from step one. Who knows your brand and its values better than your HR team? Their advocacy is a strong asset in attracting, engaging, and retaining the most compatible talent.

Centralising your hiring process gives you full control over every stage of the hiring journey, meaning you can ensure the best possible candidate experience. This boosts your employer brand reputation – making your workplace more attractive to applicants.

Often cheaper and more efficient with the right tools

Next-generation recruitment software is more accessible than ever. Platforms such as Applicant Tracking Systems (ATS) have made it easier than ever for employers to succeed with in-house recruitment. 

By using recruitment software like Talos, you make life easier for your HR team – while cutting costs, and promoting a positive candidate journey. Talos enables your in-house team to deliver fast, effective recruitment without neglecting other aspects of HR.

Promotes data-driven hiring decisions

Centalising your hiring process promotes well-informed hiring decisions by giving your team more visibility over candidates and their compatibility. Hiring managers can engage with applicants at all stages, assessing and recording their performance for later reference. 

Only you know what defines your ‘ideal candidate’. Recruiting internally ensures new recruits live up to these expectations. Centralised hiring allows you to focus on attracting and engaging the kind of candidates your business needs and deserves.

How can I recruit in-house – without an agency?

Recruiting in-house doesn’t have to be difficult. With the right tools at hand, your HR team can easily deliver successful hiring – while cutting costs and saving time.

There are a number of tools available to help you optimise your internal hiring process, including:

  • Applicant Tracking Systems (ATS)
  • Recruitment advertising suites
  • Multi-platform job posting
  • Video screening & interview tools
  • Onboarding assistance software

Talos – the ultimate, all-purpose hiring platform:

Talos gives you access to all the above tools and more – meaning you can centralise your hiring process, and reduce your reliance on recruitment agencies.

With Talos, it has never been easier to achieve fast, efficient, and cost-effective in-house recruitment. The platform includes:

Discover a better way to recruit using your in-house team:

Beck Shillito

Beck is here to bring you the latest business tech news, hiring tips, and exciting updates from Talos360.

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