Why To Use A Staffing Agency
When your business is looking to hire a new employee, it can be hard to know where and how to start. You want an employee that will be in it for the long haul, one that is hard working and loyal to your company. Unfortunately, there is a much higher employee turnover rate now than ever before and it can be hard to find quality employees to fill positions in your business or company without fearing that they will leave for a different position.
It’s not an unjustified or uncommon concern. In fact, more than half of all organizations – 57% – think that the rate of employee turnover is a problem. Statistics show that over 20% of new hires actually do leave their position within the first forty five days of employment. This high rate of employee turnover can cost companies and businesses a significant amount of money, as well as the hassle of filling the newly vacant position. Over $10 billion is lost to companies every year because of the amount of employee turnover, and employee turnover typically costs as much as 150% of an employee salary.
Fortunately, a staffing agency can help. A staffing agency can help to vet prospective employees before you ever meet them. The staffing agency can eliminate candidates they don’t think would be suitable for the position and send you the ones they think might be a good fit. Working with a staffing agency to help staff your business can help to take some of the guesswork out of the hiring process. A recruiting agency will look at a number of different things before recommending a candidate to a business or company. For instance, 93% of recruiting agencies make sure to look at a candidate’s social media profiles to get a better sense of who they are as a person and who they would be as an employee. This helps them to paint a clearer picture of the candidate before they recommend them.
Companies themselves can take steps towards increasing employee retention rates as well. For example, it’s been proven that the companies and business that have an in depth and rigorous on boarding program are more than 50% more likely to retain employees than companies that do not. And employee recognition programs were found by over 80% of businesses and companies to increase employee happiness significantly.