Many companies are turning to IT recruitment agencies to fulfil their staffing needs. The reason is that the market is too saturated, and the high influx of candidates distorts the company’s ability to make the right choice. On the other hand, recruitment services rely on several tools such as software, AI-based tools, and experts to go through several resumes.
This makes it easier for them to find candidates that match the hiring company’s requirements. Another great thing about working with recruitment agencies is that they can help you find candidates for roles such as full-time employees, contractual employees, and consultants. Here’s an in-depth explanation of the recruitment process.
Who Are Third-Party Recruiters?
Third-party recruiters are agencies and organizations that recruit candidates for other companies. Third-party recruiters have different models. Some take on the hiring process from start to finish, while others only send profiles of suitable candidates to the hiring company.
You usually have to register with them and pay a service fee before you can start hinting for candidates. The agency takes your requirements and creates a job posting to find suitable candidates. Once the application period ends, the agency reviews the resumes and picks candidates.
Depending on your requirements, you can go for a general recruitment agency or a specialized one like an IT recruitment agency. These agencies are suitable for small businesses or firms that work on projects requiring specialized team members.
How Does Their Recruitment Process Work?
Register Companies
The first step in working with a third-party recruitment agency starts with the registration process. It’s a bit of an extensive process, but it’s necessary to ensure you find the right candidate. The registration process sometimes includes a service fee.
You’ll have to give your company’s details and a description of the candidate you’re interested in. These details can include skills, educational requirements, or work experience. You need to make sure that the description you give is accurate. Companies often try to keep the information vague to protect certain details of their projects. But recruitment services don’t share your data with outsiders. So you should be as specific as you can.
Post Job Opportunities
Once the recruitment agency receives your requirements, they will create a detailed job posting. These jobs are posted on the agency’s website as well as several other recruiting and networking websites like LinkedIn. This is done to increase the reach of the job posting so suitable candidates can apply easily. There’s usually a timeline, and once that finishes, the agency moves on to the next part of the recruitment process: reviewing resumes.
Review Candidates
Generally, recruiting companies receive thousands of resumes because even those candidates who don’t fit the criteria apply for the job in hopes of finding better positions. This is common for any job posting. So the first step of review is to filter candidates who don’t match the criteria. Once that’s done, the real part starts.
Even with similar accomplishments and a strong resume, some candidates are better than others. Recruiting experts are skilled at figuring that out by reviewing resumes. So, in the end, they’re left with a small list of candidates who’ll be suitable for the job.
Suggest Candidates To The Hiring Company
Once the shortlisted candidates are finalized, the recruitment agency forwards the profiles of the candidates to the company. Even though third-party recruiters claim to do all the work from start to finish, they still can’t make any final decisions. That’s the company’s job. The company then conducts internal reviews to pick 2 or 3 candidates that stand out from the rest. This process isn’t one-sided because input from the recruitment agency is required to finalize the candidates.
Consult With The Hiring Company For Interviews
The interview part involves both the recruitment agency and the hiring company. Generally, the recruitment agency conducts the first interview session, which judges the candidates based on their skills, knowledge, and experience.
The successful candidates are then called in for a second interview with the company’s hiring manager, who then evaluates them on job-specific skills and overall behavior. This determines whether the candidate will fit into the company or not. Candidates may be called in for a third interview with the company’s executives if the role is highly demanding and requires specialized skillsets.
Finalize The Candidate
The hiring company sends its finalized list of candidates that are suitable for the position. The recruitment agency reaches out to the candidates to confirm their availability. Sometimes, the top candidate has already accepted an offer from a different company. In that case, the agency moves on to the next one.
They offer them the job and ask for any additional documents that might be required before they get officially hired. Sometimes, this process also involves negotiating the salary if the hiring company hasn’t made any offer. The candidate who confirms their availability is offered the job.
Offer The Job
The recruiting agency or the hiring company can present the job offer. In both cases, the recruiting company is required to send relevant documents for record keeping. These documents include the NDA, the offer letter, and other relevant documents that the candidate is required to sign. Generally, the hiring manager and a representative from the recruitment agency are present when the offer is made, and the candidate officially signs the offer letter.
Find The Right Candidate For The Job With Panacea Direct’s IT Staffing Services
At Panacea Direct, we emphasize technology to help accelerate the hiring process, so your firm can find the best talent in the shortest amount of time. Our recruitment services include IT consulting, direct hiring, contract hiring and many more.
We’ll help you find IT business analysts, project managers, software developers, and web developers. All you have to do is register with us, give us your requirements, and we’ll recommend candidates that match your profile to the dot. Reach out to us today to learn more about our services.