Why Outsource
A strategic decision
According to recent studies:
- 44.5% of managers are unhappy with the performance of their recruiting department (1)
- The average company takes 74.9 days to hire and start a new employee (1)
- 7% of job offers are rejected by the candidate (2)
- The average quality of a new hire is 3.5 (on a 0-5 scale) (1)
(1) 2003 Staffing.org survey (2) Saratoga institute
Outsourcing liberates the HR executive from day-to-day management and allows more time for strategic planning and long-term initiatives. By focusing your efforts more strategically, you can deliver the bottom-line results that CEOs and corporate boards demand.
As Peter Bendor-Samuel put it in his book "Turning Lead into Gold — The Demystification of Outsourcing," at the end of the day, the primary reason for outsourcing is TINA - There Is No Alternative.
"Organizations around the world face increasingly competitive markets-The need to improve every aspect of an organization while increasing focus on its core processes will make outsourcing foundational to competing successfully. Outsourcing is the only tool available that provides the ability to improve operations while cutting costs and releasing capital and time that can then be used on those core areas. For an increasing number of organizations, there is no alternative to adopting outsourcing's principles."
Outsourcing to Hyrian cuts your cost-per-hire and eliminates the headaches associated with building and running your own recruitment department. The following are just a few of the benefits provided by our seamless, managed, and fully accountable process for servicing candidates:
- Lower cost of the recruiting and hiring process
- Gain access to specialized recruitment expertise not available within your company
- Reduced cycle times (time-to-hire), resulting in better-quality hires
- A more variable overhead, resulting in monthly costs that more closely mirror actual needs
- Improved customer service to candidates, resulting in positive "employee branding"
- Improved customer service to hiring managers, allowing them more time to spend on core responsibilities
- Improved employee retention
Before proposing our recommended program to you, we conduct a thorough analysis of your current hiring strategy and discuss your outsourcing goals. We also conduct analysis to ensure that our program melds seamlessly with your internal culture, processes and technology. Hyrian then provides you with a detailed strategy to fulfill your objectives and from that point on continually monitors and reports performance metrics to ensure your complete satisfaction.