What are the key benefits of Flat Fee Recruitment?
Have you been thinking about ways to reduce the cost of your recruitment? Maybe you’re worried that your business will struggle to attract the right applications without the help of a costly recruitment agency? Perhaps you’re spending too much time desperately searching for candidates yourself? This blog is going to highlight some of the main reasons why you should be considering a flat fee recruitment service, explain what it is and give you an idea of the process.
The most apparent benefit of using flat fee recruitment is the price which ranges from around £100 to £1500 depending on the business and service required. You know exactly what it’s going to cost you before you even start the process – as opposed to having to pay a percentage of the successful candidate’s salary. Regardless of how much you are paying your new employee, your fee for a service like this is already set!
There are lots of variations of “flat fee recruitment” and the service you will receive. You might be happy with the most cost–effective option which is typically advertising your role and then letting you manage the candidates and recruitment. You might prefer one of the more expensive versions (still a lot cheaper than an agency!) but this could possibly give you candidate screening/shortlisting, candidate assessments or even interview management.
Another big benefit of using these services. Typically, your vacancies can be advertised within 24/48 hours of you contacting your preferred flat fee recruiter. Plus, rather than waiting for an agency to find a group of suitable applications, you can contact candidates within minutes of them applying!
You are always in complete control of your recruitment process. From deciding which job boards you want the advert on, whether to brand your advert or not, through to point of applications and managing the candidate journey to ensure it works for you.
So, what is Flat Fee Recruitment?
You may have heard of flat fee or fixed fee recruitment before, or one of its alternative names like ‘fixed price’, ‘flat rate’ or even ‘low-cost recruitment’ but they all essentially mean the same thing. In short, it is a service to help you advertise and fill your vacancies for a price that is significantly lower than traditional recruitment agencies.
How does it work?
To give you more of an idea on how flat fee recruitment works, we have explained the process in 4 simple steps…
We hope this has given you some valuable information on the world of flat fee recruitment, and the main benefits you could take advantage of!
Ready to recruit? You can get started with filling your vacancies now. We would love to help you recruit whilst saving you money at the same time! Not something you would hear from a traditional recruitment service…