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Expert Tips on Evaluating Staffing Agencies

Many companies decide to outsource to staffing firms when they are faced with a job opening that they’ve had difficulty filling. Some recruitment agencies have a database of candidates, however, much of their time is spent searching for the perfect candidate for you. When looking at the different types of staffing firms, you must pick the one that will provide you with the best candidate through their search process. The problem comes when companies have a variety of options for staffing firms and must decide which recruitment firm to use. Here are some things to know when learning how to evaluate staffing firms to get the best candidate possible for your company.

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How Staffing Firms Can Boost Your Company

Bad hires are hard to measure. The U.S. Department of Labor reported the cost of a bad hire to be at least 30% of an employee’s first-year earnings. The monetary value of a bad hire may be calculated, however, it is hard to see how a bad hire affected your employees, work progress, etc. SHRM places the cost of a new employee to be as much as $240,000, including recruitment and onboarding costs. The time and resources put into making the bad hire are wasted and now you must put in more time and resources to find a replacement. Not only can a bad hire cause you to lose money, but it can disrupt company flow and deteriorate company culture. Now those costs are immeasurable and hard to quantify in U.S. dollars. You can read more about the dangers of a bad hire here. Whether it is a bad hire causing another employee to be upset or disrupting general workflow in a company, a bad hire is sure to negatively impact your company!

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How to Overcome Hiring Challenges in 2019

The hiring market in 2019 is stronger than ever - and that brings a wealth of challenges for employers trying to hire the right staff! In March 2019, the Bureau of Labor Statistics reported a 3.8% unemployment rate. It is one of the lowest unemployment rates in the United States in about fifty years. Competition for qualified candidates with relevant skills is at an all-time high which means more challenges for you to overcome.

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