How Interim Hiring Improves Company Productivity
Every company finds themselves with a new position or vacancy to fill, but while they search for the ideal employee the workload continues to pile up on an empty desk. Filling that vacancy can sometimes be easier to outsource to staffing and consulting firms who have qualified interim resources ready to call.
According to Glassdoor, corporate job posts often attract an average of 250 resumes. Out of the 250 jobseekers, only four to six candidates get interviewed for the job. That means hiring managers can easily spend hours scanning through hundreds of resume’s in their search for a perfect match.
According to 2017 Recruiter Sentiment Study MRI Network, the average applicant goes through three interviews which could have a variation of time between each meeting. Assuming there is a week in between each interview, one can expect to spend approximately one month to screen applicants. That is over 160 hours of time that the accumulating work is being allocated to other departments and employees creating a deficit in their personal work load.
In the accounting and finance world there is no time to spend not working on a client’s need or the project at hand. According to State of the American Workplace Report Gallup 2017, only 12% of employees agree that their company does a good job of onboarding new employees. This means that there is room for improvement even after the hiring process, which takes more than a month on average.
With the time spent reviewing resumes, scheduling and conducting rounds of interviews, negotiating terms of employment, drafting an offer letter and onboarding a permanent employee, focus can very easily shift from the day-to-day operations of a business to this newfound part-time job of hiring.
Having access to interim resources while searching for the perfect candidate could prove to be indispensable for a company’s productivity. Onboarding the interim employee is not a concern since consulting firms have already fully vetted the best candidates for the role. An interim hire is a great option for any empty seat that adds potential stress to the whole office.
The time and money put into finding and onboarding a full-time employee can be cut simply by getting rid of the hole in the companies’ productivity. Calling in a staffing and consulting firm could also end up helping you find a quick fill and lead to a fantastic full-time employee.
