Staffing agencies are referred to as professional firms who extend their services to the candidates who are looking for a job change or starting their career, as well as to the employers who need to fill in gaps for skills sets or add to the workforce. Staffing solutions have been in the limelight in recent years after the rising demand supply gap between the number of professionals required for critical positions and actual availability of the same. This gave rise to the staffing agencies and their services. So it is important to point out at their advantages from a business perspective.
- The first and foremost the challenge that every industry is facing in current times is shortage of skilled professionals. Though might sound a bit off the track as millions of professionals are graduating each and many are looking out for job opportunities, but reality is somewhat different. The top notch professionals are hard to get and most of them come under passive candidature. Staffing agencies contribute towards reaching out to such candidates that contributes towards increasing quality of hire for the client company. This is especially helpful towards IT staffing
- Recruitment drive is a time intensive process. A lot of time is involved during the initial application tracking and resume short listing phase as there are lot of random application that come in during the first stage of the hiring. This type of legwork can be done by the staffing agency wherein it will present a concise list of candidates who can be considered as potential employees for the final selection round.
- The major concern over any business process is operational cost. Hiring and maintaining an in-house recruitment team within the organization is a cost sensitive approach. Moreover, the need of hiring fluctuates over time but the team needs to be maintained round the year. Alternatively if the entire process is outsourced then it brings down the operational costs to a great extent. The requirement of hiring can be scaled up or down according to the business need.
- When a staffing agency is hired, there is accountability and transparency to the process. The agency first understands the requirement of the client company in terms of skills and performs an initial level analysis to point out the gaps and loopholes in existing workforce. This report is shared with the company and a further agenda towards the recruitment drive is formulated. Updates on candidate list and selection process are shared with the client company at regular intervals for transparent information sharing that contributes towards accountability.
Lastly, the network of the staffing agencies is often more stronger than the company itself. They usually maintain a database of candidates across various skill sets and expertise that is updated at regular intervals. This gives access to profiles which are not available on other job portals and forums. Moreover, the communication of the client company with such candidates is created at a faster pace with affectivity.