The pandemic has greatly affected every aspect of life. It has restricted various things like meeting people, going out, traveling, and even going to offices for work. Career and job roles are nothing new. Due to the COVID 19 pandemic, businesses have suffered a lot. Various enterprises have seen a slowdown in orders, hindrance in the work progress due to virtual work, and low morale of their employees leading to less productivity.
Last year was a very challenging time for the entire world. The pandemic isn’t over yet, we have seen the situation getting worse even this year. This has adversely affected the demand and supply chain in any business. Due to the fluctuations in the demand and supply chain, enterprises have faced situations where they had to lay off staff and then rehire them to meet the changing requirements. Although the spark is lost, we can together overcome the challenging times with new strategies, initiatives, and refreshing the staff members.
Initiating a big staff turnover is not advisable during this time, but when done correctly it opens up wide opportunities for your company. Hiring new employees can bring fresh ideas, new initiatives, and powerful strategies to the table. Finding and hiring skilled talent is difficult and we believe in moving forward together hand in hand. Staffing Agencies like Webential can help you become more agile in a cost and time-saving manner. Hop on these tips to get started with an awesome strategy to exceed in these challenging times.
What Do Staffing Agencies Do?
Today, employers take assistance from staffing agencies to fill their talent gaps while helping teams and candidates find great career opportunities in their field. Basically, staffing agencies scan resumes, check references, shortlist candidates, schedule interviews, check the candidate’s eligibility, skills, and experience, and give them placement on the employer’s behalf. This way employers can get skilled resources in a minimum time frame.
No matter how well an enterprise schedules its employees, staffing shortages will occur. Overtime pay costs can be higher, short-term projects may require additional staff, employees might look for better opportunities, internal resources might not be able to fill the talent gaps or the company wants to try out a candidate before a full-time commitment. Shaking hands with a reliable staffing agency can help you hire expert resources at low costs and in a short time frame while enabling you to focus more on the core business.
As the pandemic hit the world, employers are depending more on staffing agencies to quickly meet their requirements. Throughout the pandemic hiring managers and recruiters continued to use staffing agencies to fill temporary positions. 81% of recruiting companies found the reduction in job requirements the most challenging part of COVID-19. Staffing agencies simply enabled the enterprises to seize opportunities and avoid costly, long-term commitments. Instead of investing time and effort in finding and recruiting employees, enterprises can simply depend on staffing agencies for this task. They can get skilled resources as per their exact preferences within no time.
- High-Quality and Speed
Although the pandemic has transformed various aspects of working, it has not changed the fact that employers put more emphasis on quality while working with a staffing agency. This includes both – quality of the candidates as well as services. Today, enterprises rely on staffing agencies to get skilled employees in a shorter time span and at a low cost so that they can maximize productivity and profits. Each vacancy costs the average company $500 a day.
Hiring departments are flooded with a mass of applicants to IT or Tech job postings. Examining all those resumes can take weeks and vetting them to find perfect candidates is one more challenging task. Staffing Agencies can simply render you the ideal candidate for your company’s job opening in a hassle-free manner.
- Access to Top Talent
When looking for highly skilled IT, Tech, or Digital Marketing professionals, there are high chances that you may not be able to find desired candidates in the job market. As there are relatively low employment rates in these fields, it is next to impossible to find high-end, niche candidates with traditional job postings or outdated hiring strategies. In this pandemic, one wrong hire can bring a downfall to your enterprise.
The average cost of a bad hire is up to 30% of the employee’s first-year earnings according to the U.S. Department of Labor. However, one report from the CEO of Link humans put the average cost as high as $240,000 in expenses including hiring, retention, and salaries.
Staffing agencies have easy access to this difficult-to-find talent through the extensive networks they have developed over years of recruiting experiences as well as personal connections.
As the pandemic has caused various disruptions, focus can easily be switched and one can lose their core business values. Hence, during this crisis, it’s advisable to adopt diverse resources for enhancing work productivity and avoid mishaps. 78% Talent professionals and recruiters say that diversity is the top trend impacting how they hire.
- Reduced Timeline and Efficiency in Hiring
Pandemic has hit the world differently and there are chances that your internal hiring process is inefficient and takes a lot of time. Finding an ideal candidate may take weeks and sometimes even months. But partnering with a driving-0edge staffing agency can help you reduce the timeline and enhance the efficiency of your hiring process.
- The average time-to-hire across all industries is 3-4 weeks.
- 60% of recruiters say that they regularly lose candidates before they’re able to schedule an interview.
- The average interview process takes at least 23 days, according to a report from Glassdoor Economic Research.
- 67% of respondents say it takes between 30 minutes and 2 hours to schedule a single interview.
Relying on a reliable staffing agency like Webential, you can simply get the best of both the world. You get highly skilled, proficient, and experienced employees in a low timeframe while you can focus on more important things.
6. Get the latest marketplace insights and competitive salary data
Using outdated or traditional hiring strategies during pandemic crises can cost you great losses and fewer clients. You might lose clients if the projects are not delivered on time or the work doesn’t match up with the client’s expectations. The quality of the work is something that shouldn’t be neglected. Hiring highly skilled professionals can be beneficial as they are the experts in their field and would deliver the best to your clients.
- Job listings that include a salary range got 75% more clicks than job listings that don’t.
- 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer.
Recruiters and hiring managers face challenges in the candidate-driven market when looking for IT professionals. The candidates are not likely to join an enterprise if it doesn’t offer a competitive salary or other trending benefits such as remote work or working flexibility. Staffing agencies can render ideal and qualified candidates while implementing exclusive marketplace insights, competitive salary data, latest hiring trends, strategies, and methodologies.
Hiring should never be a nightmare for your enterprise. Pandemic has done a lot to slow down the business growth. There mustn’t be any hindrance in the process of hiring ideal candidates for the job openings. It doesn’t have to cost your company valuable time, effort, or resources. Instead, shake hands with a reliable staffing agency like us. We are pro at rendering ideal candidates within no time. We have the right experience and expertise to help you get the best IT, Tech, or digital marketing professionals for your enterprise. Want to learn more about how a staffing agency can help you? Connect With Us and one of our experts will get back to us as soon as possible.