Assessing when it’s time to engage with a recruitment agency could save your valuable time from going to waste.
So, you’ve just landed your first investment from your Seed or Series A funding round. Congratulations! Except, now you’re wondering what to do with all that money. It can be daunting knowing where to start, especially when you know investors will be looking for results.
We know that one of your priorities will be to start expanding your team; but how do you know when to engage a recruitment agency, or when you’re capable of doing it yourself?
We’ve been able to compile a series of questions that will help you to diagnose whether you’re in need of getting in swift contact with a recruitment agency or whether you’re in a condition to solve your recruitment needs yourself.
1. Does my business need to scale rapidly?
B) Not right now
2. Am I in need of talent with specialized skills and experience?
B) Not right now
3. Do I have internal resource constraints that are making recruitment difficult?
4. Does recruitment keep falling to the bottom of the list because I’m always strapped for time?
5. Do I have experience recruiting or is this my first time needing to approach recruitment?
A) It’s my first time.
B) I’ve been involved with parts of the process before.
C) I’ve had plenty of experience recruiting in the past.
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If you answered mostly A’s, you would benefit from finding a recruitment agency to work with. Needing to find specialized talent with the right skills and experience, that can allow your company to grow at the rate you want, can be a tough task. This is even more true if you’re tied for time and don’t have much, if any, experience recruiting in the past.
This is where recruitment agencies come in. Agencies, like us at Alexander Daniels Global, can firstly save you time on the recruitment process by taking on the tasks that are required for a successful procedure.
We can help and advise you on the best HR approaches to take (where needed) and the best part is, by getting the perfect hire the first time round you also get a great ROI in the long run.
No-one wants to enter into a recruitment process with the fear that they’ll have to repeat the process again in 6 months. When you consider recruitment, you want long-term solutions.
In Urgent Need?
Here is a list of useful resources to support your decision in choosing to work with a recruitment agency:
If you answered mostly B’s you’re most likely not in need of help from a recruitment agency right now. Perhaps in some months or when you’ve positioned the business at a stage where you feel confident that it’s time to expand, you’ll feel the need of approaching a recruiter for support.
Perhaps you’re just keeping tabs on the specialized recruitment agencies that exist within AM and 3D printing for when the time comes.
You may have some limited experience with recruitment processes or HR procedures already, but its not your area of expertise. So, when it comes to providing a smooth recruitment process for yourself and the candidates – not to mention that also provides you with a stable, long-term solution – you would most likely benefit from help from a recruitment agency.
In the meantime, here is a list of helpful resources that can help you evaluate when it’s time to approach a recruiter to find your next hire:
If you answered mostly C’s, you’re in a great position to approach recruitment in-house. Maybe you’re already getting help from elsewhere, or maybe someone on your existing team is spear-heading your company’s recruitment efforts.
Often when a start-up has a strong recruitment procedure in place already, what they really need help with is accessing a highly specialized talent pool that may be difficult to contact when you don’t have the same tools or networks as a specialized recruiter.
In this instance, it wouldn’t be unreasonable to consider some of the benefits of choosing to work with a recruiter on certain projects (especially for the more time-consuming or high-stakes positions that you will be looking to fill).
Whether you’re looking to recruit right now or it’s on your to-do list in future, here’s a list of helpful resources to support you in evaluating whether or not working with a recruitment agency is for you:
Need help? At Alexander Daniels Global, we have a track record of placing long-term hires into organizations and advising on how to make the best, strategic hires into your business.