There is no getting around the fact that organisations are paying dearly for the cost of attrition. Aside from the impact on company culture and morale, a single resignation can cost companies up to 200% of a person’s salary to replace them. Particularly in this day and age of record turnovers and talent shortages, it is more important than ever to streamline recruitment processes and tap into a vast network of candidates.
Rather than spend precious time and resources trying to fit square pegs into round holes, more businesses are going down the path of partnering with a specialist provider to outsource all or some of their internal recruitment. Companies can choose from a fully outsourced model of recruitment – which provides a hands-on service from tailoring position descriptions to vetting candidates – to hybrid or project-based models.
Here at Salexo, we specialise in sales talent acquisition and have the advantage of industry-leading knowledge, with all of our consultants having first-hand experience within the sales profession. Far from a one-size-fits-all solution, our recruiters take the time to live and breathe your company culture, values, and brand, working one-on-one with everyone from line managers to founders.
Top Four Benefits of Outsourcing Recruitment
1. Cost-effective
Outsourcing contributes to the bottom line when you consider the cost of finding and retaining new hires using traditional in-house methods. The flexibility of having external recruitment partners means that businesses can easily adjust resources according to seasonal demands and are safeguarded against having to support internal recruiting staff when needs are low. On the flip side, the cost and collateral damage of bad hiring can have devastating impacts. We all dread the disappointed customer who will tell ten others.
2. Time-efficient
You know what they say: time is money. As well as reducing the time-to-hire, outsourcing can free up in-house HR teams and managers to focus on other core business functions and priorities such as learning and development (L&D), KPI identification, and optimising the employee experience (EX).
3. Access to candidate networks
Here at Salexo, we use the latest technologies in talent pooling and pride ourselves in our sourcing and candidate management. If you want to cast a wide net to catch the best talent, you need access to industry networks of passive and active job seekers. As market leaders in sales recruitment, Salexo attracts a high candidate flow, providing our clients with the advantage of extending talent acquisition beyond generic channels.
4. Improved retention
Retention of top talent is everything when it comes to driving future growth. By immersing ourselves in your world, understanding the objectives of different roles, and determining what an ideal candidate looks like in your business, we can achieve a strike rate that is well above national averages. How does a 95% candidate retention rate sound!? Well, that’s our mission at Salexo.
Connect with us to discover how Salexo can develop a successful recruitment and talent management strategy within your organisation.