Deciding to utilize a recruiting partner for help with hiring can be very difficult. Loophire has made a commitment to our partners to appoint ourselves as an extension of the hiring team at your business. A very common objection we hear is from companies that have been burned in the past by various recruitment agencies, as have candidates. At Loophire, our goal is to revolutionize the recruiting world and to put it simply; hire the right people, faster.
Like with anything, there are both advantages and disadvantages of keeping your hiring in-house. Some businesses may find that internal employees better understand company culture, or that you can control costs more easily. Here at Loophire, we are no stranger to any of these objections. We are motivated to stand out amongst other hiring agencies and submerge ourselves into our client’s company culture and values.
Among others, here are a few of the benefits you should consider when you are deciding whether or not you are ready to partner with Loophire:
Access to a Wider Talent Pool
Utilizing a trusted partner with access to a larger pool of talent helps save you from oversaturated job boards and gives you a more diverse selection of candidates. In addition to traditional recruiting platforms & websites such as LinkedIn, Indeed, etc. Loophire has its own proprietary system. This serves as an easy tool to house screened candidates who are considered to be “top talent” in their industry.
Access to Cutting-Edge Technology
Loophire has a team of developers constantly innovating tools and features to deliver the best hiring experience for both companies and job seekers. The advantage of partnering with experts in the industry allows you to leverage proven hiring technology without the added costs and time spent training associated with using them.
Cost Efficiency
The cost associated with hiring new talent can quickly add up. Additionally, not only are you charged for posting on job boards and advertising costs, but onboarding and training costs quickly add up. When partnering with Loophire to help hire, you only pay for the services you need. Our goal is always to help to reduce overhead costs and improve profit margins.
Time Savings
One of the more obvious benefits of outsourcing is that it allows your business to save valuable time. Tasks that may take months to complete in-house can be accomplished more efficiently by outsourcing to specialists who are well-versed in their respective fields.
Pros & Cons: A Look Into In-House Hiring
Aside from the advantages of partnering with a company like Loophire, it’s important to also consider some of the disadvantages of only using in-house hiring teams. Some of the disadvantages may include but are not limited to the following:
Limited Knowledge
In-house hiring teams can face problems They may face limitations in specialized areas like high-level searches or recruiting for niche skill sets.
Issues Adapting
Scalability can be a hurdle, as it can be challenging to adjust the team’s size to accommodate fluctuating hiring needs. This can end up resulting in overstaffing or understaffing issues.
Unintentional Bias and Lack of Diversity
There is also a risk of unintentional bias within in-house teams. Many time this can hinder diversity and inclusion efforts in the hiring process.
Ultimately, each company may have different priorities when it comes to hiring. The choice between in-house hiring teams and outsourcing recruitment partners depends on many factors specific to your organization’s needs. If your priorities are to strategically hire, maintain employee retention, and boost productivity within your business, Loophire may be the solution for you.
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