Top 4 Benefits To Work With Recruitment Agency for Startup Company
Startups Company? Many startup companies commence their business with less investment & less manpower. Every startup company is going though very crucial phase in their initial days. They are spending their hard earn money at every step. They have many expectations from the resource they hired. They incurred many other small small expenses on the talent they hired. Recruitment process for startup is very different and subtle than the large companies.
Due to the less budget of startup companies they afraid to work with recruitment agency in other term people call it as placement consultancies and they try to close such manpower recruitments to their friends, referrals & on social media. Although startups offer less packages, nevertheless they expect talent, productivity & creativity with less years of experience.
In the initial days of startup companies, they are having a workload and urgency to deliver the product or services. In such cases they prefer to hire from their referral, but sometimes it is very difficult to get the right candidate to best fit in.
Challenges face by Startup Company in initial phase of recruitment
Recruitment process followed by Startup Company
Sourcing Through Referral
Startups seek to hire candidate from the referral. They circulate their requirement to their friends & families to source the candidate, because of low budget on hiring process. But the challenges or consequences they suffer from that, they get limited variety of talent and sometimes they need to compromise. Pros:- Cost Saving
- Easily jell up with other team members due to referral
- Quickly understand Organizational behavior
- Delay in finding referral
- Time consuming
- Wasting of time in screening, interviewing
Advertise on Social Media
Nowadays social media is also one of the best sources of looking talent. This is one of the best way to find the talent pool for recruitment process. On social media platform they get some good talent, creative resource. Challenges in hiring through Social media is time consuming and sometimes they waste their time in screening irrelevant candidate resumes and calls.
Social Media is free platform, if you post your requirement in the right group you will get good talent from social media only you need to invest a lot of time.
Pros:
- Free platform for sourcing
- Variety of talent
- Reach to needy people as they are desperately active on social media for job change
- Techno Savvy, chances to have good knowledge about social media
Cons:
- Time consuming for screening, interviewing so many candidates
- Irrelevant Candidates
- Wasting of time to entertain every enquiry generated by the candidate to job application
- One dedicated person to screen, segregate & analyses the right candidate
- Wasting time in follow-up, communication with the candidate
4 Benefits for Startup company to source through Recruitment Agency
Startups thinks that working in their manpower recruitment through placement consultancy is unnecessary expenses, financial burden and they can save the cost by avoiding the recruitment process via manpower consultancy. Because of less budget they ask placement agency to work on less percentage on commercial. And in such cases, they may land up with unprofessional manpower consultants.
Now many startup companies are accepting the change and accepting to work with placement agencies even though they have to pay for them. Due to urgency and quality work they prefer to hire right candidate in short time span. So now from 2019-20 startups are working with recruitment agency for short period for 2 or 3 requirements. As and when they start growing, they again start working with such placement firms on recruitment. Here are some benefits to work with recruitment agency.
1. Recruit relevant Candidate in short time
When startup company work with recruitment agency then they get relevant candidate options for an interview. Whenever small companies share their JD’s to such manpower consultancies, they provide them relevant resumes to meet their requirement to hire a candidate in day or two. While o social media they may get quantity of resume and small companies need to put their time and energy to sort out and find out relevant candidate for first round of an interview.
Instead of 40-50 interested candidate on social media they get 5-7 relevant resumes. Such startups must think on it that even though they are going to pay some amount to the recruitment agency but concomitantly they are saving their time, energy and of course one dedicated person’s time so that he/she can concentrate on their main job role instead of observing social media comment and sorting out resumes.
2. Get good choice
It is always advantageous to any organization even though it is small scale & large size company to work with recruitment agency for manpower requirement.
There are multiple sources of social media to resource the talent like, Facebook, LinkedIn, Free Job portals etc. but to manage these accounts they need one dedicated person to observed and analyses such moment.
The most inevitable disadvantage is irrelevant resume like, less years of experience, less knowledge on technologies, poor communication, no presentation skills etc. By communicating the need of the job position and company they can seek help from recruitment consultants and get appropriate choice on manpower requirement.
3. Hire the best talent
In crucial day they try to hire a candidate who can perform multiple tasks at the same time, and or willing to do other activities or task if needed. So, in referral they may get such options as their colleague guide them before applying for the interview post. But the Candidate sourced via social media do not ready to work other than their job profile.
Even if they want to source via social media sometime, they get but for that they need to screen many resumes and candidates for this.
When such Startup company or small companies are looking for such candidate who is ready to do multiple tasks from recruitment consultants, in this case consultants look to those few candidates only who can be best fit in this requirement. So, in this case Startups or small companies get few resumes according to their expectations with saving time & energy.
4. Time Saving
When Status or small companies get projects in their initial phase, they start hiring people along with working parallelly on the project to meet the deliveries of the project.
It is the time when they willing to concentrate on the project work but unwillingly, they try to source the candidate with free sources and compromises their productivity, energy & time.
So by sourcing through recruitment consultants helps such Startup company to save time, energy & improve the efficiency & productivity by concentrating on their work & competencies.
Pros:
- Time Saving
- Hire a right candidate
- Get relevant choice as per the requirement
- Chances to get the talent according to the expectations
- Other people can focus on their day to day work
- Increases productivity due to saving time of all this follow-up, screening, communication
Cons:
- Incurred cost in terms of recruitment charges applied by the recruitment consultants
Key Take Away for Startup Company
Startup companies should understand these facts & figures & benefits by working with recruitment consultants is always profitable for them in terms of saving time & concentrating on their project & productivity.
They can simply handover end to end recruitment process to the recruitment consultants who are expert in this filed and can consult them a good candidate in short period of time. Nowadays recruitment consultants also provide replacement clause wherein if candidate leave an organization within that specified time period recruitment agencies provides one free replacement to the company.
So sourcing though recruitment consultancies is never an unnecessary expenses. It is a cost saving in long run. Best Recruitment Consultants for Startup Company also providing wide range of services as, Placement Consultancy Services, Manpower Recruitment Consultants, Competency Mapping Services, Soft-Skill Training.