How Do Recruitment Agencies Work? – Why Use One?
What is a Recruitment Agency?
You’ve used many job boards and had some success. But it can be tough to find the right person for the job. You might want to consider using a recruitment agency to help you with finding the perfect candidate for your role. Essentially recruitment agencies are businesses that connect employers with candidates for vacant jobs. They often advertise positions on jobs boards, their website and LinkedIn,
More importantly recruitment agencies use their CRM of candidates and network of talent within their specialisms. The better recruitment agencies also map out a target market and head hunt.
How Do Recruitment Agencies Operate?
Recruitment agencies serve both clients and job seekers. When employers approach recruitment agencies with open positions they want filled, agencies will represent that employer and agree on a customised recruitment strategy.
Many recruiters will already know candidates and potentially have a ‘pool’ of pre screened candidates per location and industry, so the turnaround time can be very quick (but not always as some roles are exceptionally difficult to fill and will take time)
The “finder’s fee,” is often a percentage of the successful candidate’s salary. It is paid by the client if the agency’s candidate is hired. Fees differ amongst recruiting agencies and may change due to additional circumstances.
For instance, some rates might be lower when there is a large volume, and the fee is assured. On the other hand, for a candidate who is difficult to locate, certain fees may be more than typical, for example Executive Search. It’s all down to the time needed to fill a role.
Why You Should Use a Recruitment Agency? (Employers Prospective)
There are several reasons why hiring a recruitment agency might make sense for you. First, they will help you find qualified candidates who meet your needs. Second, they can save you money by finding candidates that fit your budget, where as with direct recruitment companies often have very limited options and take the first ‘half decent’ candidate that comes along.
Third, they can help you with expert advice, when hiring and advice on your internal recruitment processes to ensure you land the ideal employee. Finally, they can help you avoid some common mistakes when hiring new employees.
You have a business to run after all. People that use recruitment agencies are generally running a larger business than those who don’t and they have a number of important tasks to complete on a daily basis. Using a recruitment agency for your job search is one of the best things you can do, to save time
The reach of one company will be considerably outweighed by the network that agencies have. It also implies that, depending on the position, if you need to fill a position quickly, excellent recruiting agencies should be able to provide you with a solid shortlist in as little as five days (depending on the role). As a result, replacing departing personnel will be less expensive.
Why You Should Use a Recruitment Agency? (Jobseekers Prospective)
Many people wonder about the use of working with a recruitment firm when they can just hunt for employment on their own. Agencies, for instance, have access to, and information about the local employment scene, employers to work for (and some to avoid) salary info, insights to culture and hiring managers styles and so on, giving you a competitive and informed edge over other jobseekers
At STEM Recruitment Partners, we frequently place people in jobs with organisations they might have never heard of before, but they are so pleased because these companies end up being an amazing match for they are looking for. On the other hand, it may also be the ideal strategy to enter those renowned yet challenging to approach businesses.
Also, a skilled recruitment consultant will have insider knowledge about the business, its culture, its plans, and even the hiring manager’s personality. Candidates can ask questions that they wouldn’t dare to ask the actual employer because an agency acts as an additional barrier between them and the organization.
A good recruiter will prepare you for interview, giving you a much higher chance of landing the ideal job and the SERVCIE IS 100% FREE to jobseekers.
The Recruitment Agencies Customer.
Because of the nature of recruitment agencies, we work for both jobseekers and clients. We are sincerely working for both, because recruitment agencies cannot succeed without either one or the other.
There is a crucial distinction, though, that is sometimes overlooked. The charge is covered by the employers. Employers pay for the pleasure of receiving a top-quality applicant, while candidates receive a free service from recruiting agencies. As a result, it is critical that agencies put out a lot of effort to identify the ideal candidate for their clients.
That is not to imply that consultants do not care about their candidates. Quite the opposite as a well-matched individual who is content in their new position, will have a better relationship with the consultant, earn a better commission, and satisfy the client.
STEM Recruitment Partners specialises in the placement of candidates from Science, Technology, Engineering & Mathematics backgrounds into Manufacturing, Life Science, Supply Chain & Engineering Businesses nationwide.
Our leading engineering and life science recruitment agency have offices based in Limerick & Cork, and we have excellent job openings all over Ireland. Check out some of our roles in our job portal.
Reach out to the team in STEM Recruitment Partners for the best advice and support in building your engineering career, contact us today www.stemrp.ie
Our goal is to become Ireland’s No.1 Recruitment Agency Specialising in the following areas
- Executive Search Recruitment
- Manufacturing and Engineering Recruitment
- Medical Device Recruitment
- Engineering to Senior Management Recruitment
- Construction Engineering Recruitment
- Supply Chain Recruitment
- Life Science Recruitment