The internet is the catalyst of what we call I.T. (Information Technology) with the availability of the internet to anyone with a computer; you would think that this would make the process of looking for a job or finding the perfect candidate easier, Right? Wrong! Because of the vast information and the overwhelming number of people on the internet, this system has become ineffective. Companies who post their jobs on line are finding themselves in competition with hundreds of other companies for the same candidates. Not to mention they are getting an influx of unqualified candidates. Candidates are also finding themselves competing against hundreds of other candidates for the same position. All the while they are having to apply to jobs@xyz.com or apply@xyz.com and ending up in a black hole. This has made the system of using the internet for the purpose of finding a job or candidate extremely unproductive and costly.
Using a recruiter will eliminate all of this and more. Let me show you the benefits from both sides.
Let’s start with the company-
Using a recruiter is FREE! That is right, FREE! A recruiter will provide their services free of charge until you find the exact candidate you want to hire. These services include the following: vetting out only qualified candidates, coordinating interviews, finding out the likes and areas of concerns from the candidate, reference checks, background checks etc. This does not cost you a dime. Once you decide to hire a candidate, it then becomes an investment in your company. Everyone knows that the most important investment a company can make is in people. Not to mention, this investment is guaranteed for 30-90 days. You get all of this service, and you get a guarantee in your investment. WOW!
A recruiter is also cost effective. They will save you money on your bottom line. Here is an example:
Studies have shown that by using a recruiter, you speed up your time to hire by 5X. Let’s say X = 1 week. By going through a recruiter you will save 4 weeks in the hiring process. By using that equation and applying it to hiring a Sales Exec, you will see how you save money.
A sales rep is hired and has a quota of $1.2million. You hire that Sales Rep at 100k base and 200k OTE. By using a recruiter you get an extra month of sales with that rep. The math is as follows:
1.2million/12months=100k (earnings to the company) -17k to the rep (Salary and commission) + 20k to the recruiter= 37k. So the end result is 100k-37k= 63k.
You have just made 63k in one month on your investment in using a recruiter. With that kind of ROI, why wouldn’t you use a recruiter?
Now, the benefits to the candidate
You have just seen why a company is willing to invest in a recruiter, and with those types of returns, the savings are passed on to you. A recruiter will NEVER cost you a dime. You get the services of an expert in their field for free. There is no other service in the world that can offer that. A recruiter will help to ease the burden of looking for your next career. By using a recruiter, you will only be introduced to legitimate career opportunities. A recruiter will be working with the actual hiring manager, and you will never be caught up in the black whole of apply@xyz.com. A recruiter will also be able to present the opportunity with all of your questions answered. They will know all about the company (funding, revenue, # of people etc) as well as have all the details that the company is looking for that is not on a job description. A recruiter will also do all the busy work for you. They will set up the interviews, discuss the outcome with the hiring managers, and keep you informed of the process. This allows you to concentrate on the actually interview and not worry about all of the details. Best of all, a recruiter will negotiate your offer. They are trained to negotiate the best possible offer and they know exactly what you want.
Most professionals pay a premium for these services, you get them for free!
I hope I have answered, “Why I should use a recruiter”
Please feel free to add more!
Jeff Rust
President/Founder
Elevate Recruiting Group