According to CareerBuilder and the American Staffing Association (ASA), 90 percent of growing companies use staffing or job placement firms to fill their contract, permanent, and/or temporary positions because they do not want to allocate valuable time and resources to do it themselves. The ASA recently sited that 14 million employees were provided with job opportunities through staffing firms; with talent seeking out staffing firms as a means for placement, staffing firms house some of the best talent in the industry. CareerBuilder further shows that 90 percent of businesses state that when they are busy or in the middle of larger workloads, staffing firms give them flexibility to hire contractually to keep them at maximum capacity during busy times.
When Time is of the Essence
Staffing firms recruit candidates that are actively looking for jobs and also candidates that are currently employed, but are open to other opportunities. Because staffing firms look for talent on the basis of skill, they find and attract more talent than just a job posting. Staffing firms can also find qualified talent much faster because they have an existing pool of prescreened candidates waiting to be placed.
The entire hiring process can cost a company valuable time and resources. By the time a candidate is finally hired and fully trained, a company will have invested 1.5 times to 3.5 times the employees’ salary. If this candidate is not a good fit after they are hired, the process must start all over again. When you hire a temporary employee or a contractor, the initial onboarding costs like background and criminal checks are already provided to you and if an employee is not a good fit, they can be replaced. Furthermore, if a temporary or contract employee is a great fit for your company, the staffing firm works with you to bring them on as a full-time employee.
Larger Hiring Pool
For smaller companies, finding a candidate who fits their organization is difficult. A staffing firm takes the time to understand what you are looking for and the culture of your office, to place candidates in front of you that work for you without the hassle of searching through stacks of resumes.
Overall, a staffing firm removes the time and frustration with finding new employees by becoming a partner for you during the hiring process and continued work as that employee thrives in your company.