Have you ever paid attention to car manufacturers’ ads? They show you models that are loaded with extras and then entice you with prices that seem too good to be true – and they usually are. Because what those numbers in bold print don’t include are all the fees, taxes, and options that can literally double your true costs.
It’s the same with hiring. While you may be tempted to estimate your cost-per-hire based solely on advertising expenses, this figure is only a small part of your true costs. For a more accurate appraisal, consider the following factors:
HR Time
- Developing job descriptions
- Preparing and placing / posting ads
- Reviewing résumés
- Telephone screening candidates
- HR interviewing
- Conducting assessments and skills testing
- Performing drug tests and reference checks
- Processing paperwork
Other Costs
- Cost of advertising (classifieds, job boards, other online posting)
- Legal costs
- Management interview time
- Opportunity costs (time HR and hiring managers could be spending on other productive activities)
- Costs of a vacancy in the position
- Costs of a bad hire (all the costs involved with replacing a new hire who doesn’t work out)
The Value of Recruiting Services
When it comes to direct hires, staffing firms offer tremendous advantages to employers. The staffing service assumes the vast majority of the hiring costs and only charges a fee when and if you hire a candidate they provide. Direct placement services provide the following benefits:
- Fixed costs of hiring
- Minimal disruption to the organization and no loss of focus
- Dedicated, experienced recruiting specialists who can accurately identify the best candidates
- Ability to directly recruit top candidates (even those who work for your competitors)
- Access to the staffing firm’s extensive candidate database, as well as regional and national recruiting networks
- Satisfaction guarantees
A.R. Mazzotta Employment Specialists – A Better Way to Hire
Hiring on your own can be an expensive, time-consuming and frustrating process. So why do it on your own? Contact A.R. Mazzotta today. Our dedicated recruitment specialists will make your next hire a success – guaranteed.