Have you already included the part of recruiting in your budget for 2022?

Let’s talk numbers with Anna Maistrenko and dive deeper into using recruiting services in hospitality!

𝗖𝗼𝘀𝘁-𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: according to Deloitte, the average cost of filling the position with the help of a recruiter is 4000$. While the cost of hiring can exceed the monthly salary of the position you are hiring for, using a recruiter’s services can benefit from the accounting point of view: agency fees are the business expenses that can compensate for a part of the cost in the tax return.
In case you have an in-house recruiter, check this out:
At the end of the year, you pay the yearly salary of the recruiter with benefits and perks. Divide the total for the amount of hires per year and it will be your cost per hire. Compare this number to the above information from Deloitte and this will be your reality check if you are saving or on the contrary?

𝗧𝗶𝗺𝗲-𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: Recruiters report that 78% of the resumes come from unqualified candidates. Imagine the time spent for screening those resumes, add the time spent for discussions, advertising, interviewing, reinterviewing, background check, references check. On the other hand a recruiting agency is doing all this job for you while reaching not just a pool of applicants, but the right pool of candidates.

𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝘃𝗶𝘁𝘆: Undermining the primary duties of employees by asking them to participate in the recruiting process or to cover a double position, rushed hires, lack of screening, or hiring just to fill the gap – are the mistakes you can avoid if you use a recruiter.
According to LinkedIn, “only 12% of the workforce is actively looking for jobs, but 85%  is open to hearing about new opportunities.” The right recruiter “sells” your company to a candidate strongly and can take a burden from the shoulders of your HR Department by setting you up to hire for quality, not quantity. Your job will be just to set up the meeting, confirm they are a good fit and make a hire.