There a several benefits to engage a recruitment agency exclusively compared to competitively. Before we learn about the benefits of an exclusive engagement, the definition of each engagement is provided below:
Exclusively: The hiring company only engages / partners with one recruitment firm to run their recruitment process.
Competitively: The hiring company engages multiple recruitment firms to run.
Why partnering ‘exclusively’ with a recruitment firm is in a companys best interest:
Quality: Our company is taking the focus off speed and back on quality. Why would you want your crucial hiring decision based on who can get candidates to you first? Would you hire a brain surgeon because they could do the job fastest? A lawyer or accountant? ‘Exclusivity’ means the recruitment agency has time to do thorough work, and we pride ourselves on this.
Commitment: The company is getting the recruitment agency’s full commitment to filling their vacant role. Whilst a company may think they get more effort from a recruiter when the role is in competition, but what happens is a short burst of activity from the recruitment agency, then our interest wanes as we realise the company is not committed, and we go and put our energy into company’s who will work with us in partnership.
Responsibility: The responsibility for success is now shifted to the recruitment agency and they can be held accountable for the recruitment engagement. If the job is exclusively given to a recruitment agency, the agency owns the process. The hiring company can focus on their core business, which is what you do best.
Comprehensive: Exclusivity allows the recruitment agency to bring all their resources to bare in the talent search. Not just a quick data-base search. But a thorough, detailed talent search including networks, talent mapping, head hunting and social media.
Working exclusively usually means there is time for recruitment agency to take a detailed job order. The better the understanding, the better the match. Versus competitive contingent is usually based on speed and can reduce the process to a game of “snap”.
There is time for the recruitment agency to do a full and comprehensive database search. The company gets the best and most suitable candidate, not the best candidates the agency saw that week.
- Overlooked Market: The recruitment agency has time to comb networks, online resources, social media networks and tap into the passive talent market.
- Representing the Right Candidates:
– Exclusivity means more time to do thorough screening, saving the company’s time and frustration.
– Time allows thorough talent interviews, including full assessment of skills, experience, and attitude.
– The recruitment agency will be able to fully qualify the talent in terms of start date and salary, once again saving the company much time and frustration.
- Streamlined Process: The company will save time by dealing with one competent recruiter at the recruitment agency. No multiple agency briefings and multiple contacts to deal with.
Protect Your Brand: The company’s confidentiality is preserved as the role is not being touted around town by five or six Recruiters, each speaking to 9 or 10 candidates about the role. This often leads to candidates being confused and not trusting the recruiting process and ultimately diminishing the company’s employment brand. Company’s brand and image is improved by using only one recruitment firm, because their job is not devalued in the eyes of talent, who will be suspicious if the job is represented by multiple recruiters.
As detailed above, there are several reasons why engaging a recruitment agency exclusively is in the best interest of the hiring company. Your clients don’t engage multiple professionals to help them with the same professional services, so engage your recruitment partner like you professionally engage your clients.
Contact Us:
RIVA Recruitment specialises in financial services recruitment across Australia. If you are seeking a new employee for your team or you are seeking a new employment opportunity, please feel free to contact us via LinkedIn, on 0434 943 647, or email us at enquiries@rivarecruitment.com.au for further information.
