Last quarter, an average of 221,000 jobs were added per month, which means many companies experienced and are experiencing increased hiring. After a recession and many years of slow or stable growth, companies with or without HR teams have been able to handle the steady hiring. But now, for companies that are experiencing fast-growth, those same teams are entering unknown territory. Some don’t have the time to add more recruiting to their plate. Others don’t have their recruiting process ironed out and the increased hiring shines a spotlight on those gaps. And, many aren’t sure whether to hire new recruiters to their staff because they aren’t sure when the peak hiring period will come to an end. No matter what the recruiting challenge is, companies are left to wonder, “How do we handle peak hiring?”
If you’re thinking, “this is too much for us to handle, let’s outsource” — then you may consider an RPO solution to meet the needs of a new office, new product, or quick growth. While Recruitment Process Outsourcing can be quite effective, it’s not the best solution to jump into when you need quick results and expect it to take all your pain away immediately. Getting the internal support and dedication to fully engage with your RPO partner is important and takes time, and it also takes longer to implement this type of outsourced solution.
The good news is, if you are experiencing a spike (whether you expected it or not) you are not alone. There were five million hires in July, according to the Bureau of Labor Statistics, adding to more than 10 million in the previous two months. So, how are companies handling all that hiring? The contract recruiter model is well-designed for peak hiring. An on-demand recruiter with experience in your recruiting niche, is used to coming into an unknown environment and is able to get up to speed quickly. Additionally, at CBI Group, our contract recruiters have their own technology “tool-kit” to utilize and are backed by our Outside-In® team and therefore able to rely on our recruiting and research teams. As an alternative to a complete outsourcing model like RPO, on-demand recruiters can be project-based support that fully integrates into your team and culture.
The inevitable peaks and valleys of hiring can create an unbalanced workforce. A specialized recruiter can provide unmatched flexibility and expertise for just about any situation, including hiring spikes. With varying levels of experience, industry expertise and cost, strategic approaches to talent acquisition partnerships can help shape your business immediately and down the road.
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