Recruitment – What Are Your Options?
Image by Peshkova / Shutterstock, Inc
So you have a vacancy to fill but you’re not sure what the best recruitment solution is for you? You’re in luck! I’ve put together a handy guide to give you an idea of the recruitment solutions available, and which one is best for you.
What are your choices?
There are three main options when it comes to recruitment: Recruitment Agencies, Job Board Advertising, and Flat Fee Recruitment. Depending on the position you are advertising and the location of your company, the best choice for you may vary, as these things can have an impact on how your advert performs.
To put it simply, agencies work as a middleman between the company and the candidates. There will be specialist consultants who will find the best candidates for your role, by advertising your role to their candidates before it is advertised to anyone else. As these consultants are specialists, they know exactly what you want from your candidate, and can even interview candidates for you. This service does result in a commission fee being charged per candidate hired, with this fee normally being around 15%.
Job Board Advertising
Job board advertising is where you post your position on one or more job boards, and applicants can apply for the role if it attracts them. With this method of recruitment you can choose whether your advert is branded or unbranded – either revealing your company identity or not. Job boards will send you every application that comes in, and some even email out the position to relevant candidates. When you receive applications this way, you have to go through each CV in the hopes that your dream candidate will be in there. Job boards can also send candidates through to your website, for example if you have an application form for them to fill in. After this, it’s your job to arrange interviews and hire them.
Flat Fee Recruitment
Flat fee recruitment is a fairly new concept, and is a fusion of recruitment agencies and job board advertising. With this service, the recruiters will optimise your job advert, put it on multiple job boards, and screen applications. As well as this, your role will be resourced on multiple job boards, in order to bring in more passive candidates who may be suitable for your role. With the clue being in the title, flat fee recruitment means that you only pay one flat fee, whether you hire one candidate or twenty.
The Pros & Cons
As with everything in life, there are pros and cons to each option, which may affect the recruitment solution you choose. Lucky for you, I’ve compiled a list:
Why Choose Recruitment Agencies
The main advantage of using an agency comes from consultants specialising in one field, giving them expert knowledge when it comes to your position. This means that if you have a role which is pretty hard to fill, an agency may be your best option.
On top of this, agencies have a pool of candidates who are on hand to apply for a position like yours, and your recruitment consultant will show your position to them before anyone else hears about it.
However, while agencies can be great with harder to fill roles, a simpler role may be best advertised through job boards or flat fee recruitment, in order to keep your costs down. This is because, as I’ve said before, agencies charge a commission fee of around 15% per candidate hired, which means that there may be a cheaper option for your business out there.
Why Choose Job Board Advertising
The pros and cons of job board advertising tend to come from whether your advert is branded or unbranded. Job boards tend to encourage branded advertising, claiming that these adverts bring in more applications of a better calibre, and with a lower dropout rate at interview stage.
On the other hand, a drawback of branded job board advertising is that you are exposing to your competitors which positions you are looking to fill, and how much you are willing to pay. This means that they can compete with you for the best candidates in similar roles.
As well as this, branded advertising is pricier than unbranded advertising, meaning that if your business is looking to spend as little as possible on your recruitment, you may want to choose an unbranded advert.
Why Choose Flat Fee Recruitment
When it comes to cost, a clear benefit of flat fee recruitment is that it can be a really cheap option to fill your vacancy, especially when compared to using an agency. This is because you get your applications screened and candidates resourced, but you don’t have to pay a commission fee for every candidate you hire.
Another advantage is that your advert will be posted branded, giving you all of the same benefits that come with yourself posting to job boards with a branded advert, with the additional plus of not having to go through all of the irrelevant applications to find the best candidates.
Still, flat fee recruitment may not be the best option for a really specialist role, as the recruiter probably doesn’t specialise in a specific industry.
I hope that this guide has helped you to choose the best form of recruitment for you and your company, and that you now have a better understanding of your options. Whichever option you choose, best of luck recruiting and I hope you find your dream candidates!
About The Author
Emily Lennox is Marketing Manager at http://www.crunchposter.co.uk
Crunch Poster offers cost-effective, flat-fee recruitment services that help you find the right people for the right roles.
You can connect with Emily on LinkedIn: https://www.linkedin.com/in/emily-lennox-099584131
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