What is the cost to your business to use a recruitment agency?

Did you know that on average it can cost a business around five thousand pounds to fill a vacancy? This can be a lot of money especially if you are looking to fill more than one position at a time.

This cost accounts for advertising, time taken to go through CV’s and carry out interviews etc.

If you advertise a job yourself through your website, on social media or in the local paper for example then you may receive a lot of CV’s. Someone needs to be able to go through these CV’s and check which candidates you may want to invite in for an interview.

Often you have to do more than one round of interviews to find the right candidate and this can all take up a lot of time which in turn costs money. If you decide to use an agency, they can take a lot of the hassle away from you by doing all the advertising for the position, filtering through CV’s that are sent in and then pre assessing people that you wish to attend an interview to find out if they are really suitable.

Agencies will charge a fee for this service but many of them fix the fee meaning no matter how long it takes to find the right candidate you won’t have to pay any more.