STARTING A SUCCESSFUL RECRUITING AGENCY ENGAGEMENT

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When it comes to sourcing talent for competitive, sensitive, specialized or hard to fill roles, engaging an agency is the best plan of attack. If you have an agency engagement strategy in place, you are on the right track. So how do you set yourself up for a successful engagement? We compiled the most effective steps that successful organizations follow to help you build your process checklist. SELECT THE RIGHT NUMBER OF AGENCIES 1 BOUNTYJOBS | 2017 ü Start collaboration with 2-3 active agencies ü Use agency performance statistics to select agencies best suited for you ü Evaluate performance upon your milestones and make changes as needed HOLD A STAKEHOLDER KICKOFF Holding an intake session to answer questions is a great opportunity to build rapport between employers and agencies. A kickoff meeting also helps set expectations and clarify any questions up front. BEST PRACTICE GUIDE FOR STARTING A SUCCESSFUL RECRUITING AGENCY ENGAGEMENT ü Use this meeting to communicate what you are looking for above and beyond what is captured in the job description ü Communicate metrics you’ll use to track progress with your agencies ü Set milestones for engagement review

Transcript of STARTING A SUCCESSFUL RECRUITING AGENCY ENGAGEMENT

Page 1: STARTING A SUCCESSFUL RECRUITING AGENCY ENGAGEMENT

When it comes to sourcing talent for competitive, sensitive, specializedor hard to fill roles, engaging an agency is the best plan of attack. Ifyou have an agency engagement strategy in place, you are on theright track. So how do you set yourself up for a successfulengagement? We compiled the most effective steps that successfulorganizations follow to help you build your process checklist.

SELECT THE RIGHT NUMBER OF AGENCIES

1 BOUNTYJOBS | 2017

ü Start collaboration with 2-3 active

agencies

ü Use agency performance statistics to

select agencies best suited for you

ü Evaluate performance upon your

milestones and make changes as

needed

HOLD A STAKEHOLDER KICKOFF Holding an intake session to answer questions is a great opportunity to build rapport between employers and agencies. A kickoff meeting also helps set expectations and clarify any questions up front.

BESTPRACTICEGUIDEFOR

STARTING A SUCCESSFUL RECRUITING AGENCY ENGAGEMENT

ü Use this meeting to communicate what

you are looking for above and beyond

what is captured in the job description

ü Communicate metrics you’ll use to track

progress with your agencies

ü Set milestones for engagement review

Page 2: STARTING A SUCCESSFUL RECRUITING AGENCY ENGAGEMENT

BOUNTYJOBS | 2017 2

FACILITATE HIRING MANAGER BUY IN

ü Include the hiring manager on the

kickoff call with the agency

ü Use this opportunity for him to specify

special qualifiers for the position

ENGAGE QUICKLY

Many of our Fortune 1000 customers that follow these Best Practiceguidelines have found that by including these simple steps, theirengagements result in increased productivity and performance whencollaborating with recruitment agencies.

In fact, we’ve observed a 39% increase in candidate submission, a 15%higher interview rate and a 16% growth in fill rate by just incorporating astakeholder kick off with the hiring manager at the start of each job search.

A well-defined agency collaboration may result in greater efficiency andincreased alignment with clear goals.

LET’S TALK! Click here to schedule a demo or call at (212) 660-3960

Simple but important steps will allow you to gain better alignment which will in turn help facilitate better quality results.

Fast employer engagement is imperative to keep the talent search moving quickly. Establish a candidate review cadence as early as 3-5 days from submission.

ESTABLISH THE RIGHT FEE FOR THE INDUSTRY

ü Select a market fee for the industry

position you want to fill: Percentage,

max or flat fee

ü Strategically compare against industry

benchmarks

ü Track investment, measure return,

compare against industry benchmark