A Smart Investment, or Blowing the Bank: Can You Afford a Headhunter?

“Can I really afford to hire a headhunter?” If your staffing problems are causing a loss of productive hours, if your lack of staff is directly affecting your profitability, then you can afford a headhunter. It’s all about how you choose the headhunting company!

A Question of Profit Impact

Your staffing issues may not cost you any money. People call in sick and you have a few rough days, but on the whole your company can survive with the skeleton crew it has. In this scenario, you have to ask yourself, “Is my staffing problem affecting my profits?” Are you losing profit, losing productive time, wasting time, simply because you do not have enough staff?

Having enough staff also means being able to cover over people who are off sick, or people who quit suddenly. Getting along with what you have is fine, but how do you expect to prosper or grow if your staffing issues are affecting your business’s profitability? If you could be doing more if you had the right staff, then hiring a headhunter is a smart investment.

What If I Rarely Hire New People?

If you work in a business or industry where you only hire people on very rare occasions, you may worry that spending money on a headhunter is frivolous, but the opposite is actually true. If you only hire occasionally, if your staff stick around for a long time, then you should invest more time and effort into the recruitment process. If you cannot afford such time and effort, then you can pay a headhunter to put in the time and effort for you. If you only hire people very rarely, then it pays to put a little more effort and resources into the recruitment process.

Will a Recruiter Send Me Poor Workers?

There is the argument that headhunters are bad value for money if they keep sending incapable and unsuitable workers. However, there are ways around that. It all depends on how you pay the headhunter and the quality of the headhunting company that you choose.

Perhaps look for a headhunter who takes shortlist payments, meaning that the headhunter only gets paid for some of the applicants and not all of them. Or, perhaps try a system where the headhunter is not paid a finder’s fee but is in-fact paid a percentage of the employee’s wage for a year.

Most importantly, thoroughly research the company to ensure they have experience hiring for your industry and a proven track record of successful hires. Headhunters London tend to have a diverse portfolio of industries as well as top level hiring. 

What if I Hire Outside of the Headhunter?

Some people are worried about hiring a headhunter because they themselves are often taking in applications. However, this shouldn’t be a big problem so long as your headhunter knows that you are also advertising and accepting applications. Perhaps even consider handing over that function to your headhunter so that they can screen the people who apply and only send through the ones they think are suitable. 

Time is money and hiring a skilled headhunter will streamline the process and find you the right candidate in record time.