Tight budgets, along with the average estimated time to fill a position sitting at 42 days, is more than enough to get hiring managers nationwide to consider all options when hiring staff from accounting to administrative support.
Luckily, most employers can impact lifetime cost-per-hire and time-to-fill by focusing on the related expenses that go into the hiring process. From continuing education to issues in productivity and onboarding, cutting costs can’t keep you from hiring your ideal candidate. While losing a millennial employee can cost your company up to $25,000, not hiring simply isn’t an option. By addressing payroll solutions and reducing employee turnover, employers can shift their perspective on staffing as a modern-day recruiting option.
How Staffing Makes Recruiting Less Expensive
We match the best talent for your open jobs faster and with better accuracy.
Staffing partnerships drive down recruiting costs by handling a variety of repetitive tasks that waste internal recruiters’ valuable time. It reduces resume screening, shortlisting and pre-interviewing with industry proven, advanced staffing capabilities and interactive selection process. Combining with Payroll helps Premier Talent Partners reduce your workload even more.
Consider the following:
- 52% of recruiters say that identifying the best candidates from the talent pool remains the most challenging aspect of recruitment. Investing in partnerships like staffing agencies that can simplify this process in any way can prove to be immediately valuable.
- Recruiters spend an average of 6 seconds reviewing each resume if they do so manually. Not only is this time consuming when there are hundreds or thousands of resumes to review, but many resumes inevitably get overlooked if they aren’t vetted with full and focused attention from a dedicated hiring manager.
- LinkedIn found that 78% of companies are prioritizing diversity hiring to improve culture and 62% are doing so to boost financial performance. Premier Talent Partners assists with this by eliminating any subconscious biases in your candidate selection process with a proven record of diverse and inclusive hiring since 1998.
- By getting the right people into the right job at the right time faster than ever Premier Talent Partners, companies can reduce the average $4,100 cost per hire. LinkedIn found that interviewer bias is an upcoming trend in the minds of hiring managers, signifying a growing need for third-party qualification.
Are you looking to increase your bandwidth for more pressing activities? Is there a particular position you need to hire in the next two months? Start your search early and find top talent to grow your office team.