Post on 08-Apr-2022
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
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