When should human resources hire a recruiting firm?

Posted by Andrea Anderson on 5/13/24 1:45 PM

HR Hire A Recruiting Firm

A recruiting strategy is never just about filling roles; it's about building a bench of talent capable of sustaining a brand’s competitive advantage. When your talent acquisition strategy works, it's a game changer, empowering your organization to achieve business priorities and exceed growth goals. When it doesn't, it slows performance, frustrates senior leadership, and forces current team members to work around the gaps left by each vacant position. A few things can torpedo morale or breed employee mistrust, such as working in an understaffed department.

Is it time to bring in an executive recruiter?

A recruiting firm can be a great solution when a human resources (HR) department’s recruiting capacity is stretched too thin. Here are three typical scenarios when the right executive recruiter can make all the difference.

Are your hiring needs outpacing your internal team’s capacity?

Analyze the situation from these three perspectives.

Recent outcomes: how’s your department's hiring track record, especially with specialized or high-level positions? Where did significant delays or challenges occur? Is your team up-to-date on HR technology, networking skills, market trends, and candidate expectations? How would your recent applicants describe their candidate experience?

Current demand: how many roles are open today? How critical is each one to the stability and growth of your company? How fast do you need them? How hard will it be to find - and attract - the right fit? Does your staff have a recruiter with access to the skills, technology, and talent pools for each mission-critical position?

Future Pipeline: how many vacancies loom on the horizon? Is your current recruiting team poised to take on more? Will they deliver the right hire as quickly as an experienced executive recruiter can?

Are you filling highly specialized roles?

When the job is unique and talent is scarce, the struggle to identify and attract the right candidates can overwhelm any human resources department. Sometimes, all it takes to get over the hurdle is an outside recruiting firm with a deep understanding of the role's technical requirements, specific industry landscape, and access to the right talent.

Are you undergoing rapid growth or scaling?

 Expanding your employee base without compromising quality is a delicate balancing act almost guaranteed to strain internal resources and prolong hiring timelines. An executive recruiter brings agility, focus, a wider recruiting net, and scalability to your recruiting challenge.

With the right recruiter, you hire faster, smarter, and more efficiently

Here's what a top recruiter brings to your hiring goals:

An Expanded Talent Pool. One of the undeniable advantages of hiring an executive recruiting firm is the immediate access it provides to a larger, more diverse talent pool. Unlike HR departments whose reach may be limited to their established networks and traditional sourcing channels, recruiting firms have built extensive relationships across industries and specializations – and are actively nurturing those relationships daily. They know how to find those ideal candidates lurking under most employers’ radar or outside the industry’s talent pool. Moreover, they’re experts at engaging those passive candidates and presenting the employer strengths and opportunities that resonate most with each candidate’s needs and priorities.

Deep Market Insights. The best recruiters have risen to the top because they have invested years in honing their ability to read employment markets, hiring trends, and candidate motivations with insight and accuracy. Your recruiter brings this knowledge to improve your ability to attract and land the right talent.

Reduced Hiring Time. While an essential tool in the talent acquisition process, job postings are passive tools, waiting for job hunters to find them. Your recruiting partner comes to the challenge and is highly motivated to match your company with the ideal candidate. They’re highly skilled in the latest recruiting tools, technology, and methods. They know how to publish and amplify your job postings, but they go so many steps beyond that. Through their existing external professional networks, they already know great candidates who would consider a new job if the opportunity is right. But they also have access to their internal colleagues. Well-run firms cultivate a culture of internal collaboration where networks and connections are openly shared.

Industry Expertise. Gone are the days when a generalist headhunter can take on all the nuanced and fast-moving challenges of today’s recruiting landscape. A credible executive recruiter will bring the specialized knowledge necessary to be credible to your talent pool.

Finding the right recruiting firm

Whether you need a one-time assistant with an open position or a longer-term collaboration, choosing the right firm is critical to the partnership's success. When researching firms, consider the following questions. What is the scope of the firm’s services? Do they focus on one industry or specialization? Are they all generalists? Or do they have experienced recruiters who are experts in multiple disciplines?

Narrow your search by checking the firm's reputation and tracking its record of success. A reliable place to start is by checking your Business Journals rankings.

Reach out. Have a conversation. Ask the recruiter about their process, thoughts about your open role, how they would approach finding your best candidate, and how they structure their searches and fees.

Finally, get references.

When you find the right recruiting firm whose capabilities, values, and processes mesh well with you, your team, and your brand, it's an investment that pays off. At SkyWater Search Partners, our recruiters are experts in their professional disciplines and deeply connected to extensive candidate and referral networks. They would love to talk with you about your talent strategy and goals!


 

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Topics: Interviewing For Employers, Human Resources, Executive search