Recruitment on Demand: What it is and when to use it
Over the previous few years, the surge in technological advances across every aspect of our lives, from economics to AI and robotics, has led to the rise of what has been coined the ‘on-demand’ economy. Essentially empowering companies to meet the immediate needs of their customers faster than ever before.
This on-demand culture has reshaped the way companies can recruit and has changed how forward-thinking organisations meet their hiring needs.
What is on-demand recruiting?
On-demand recruitment is a specialised solution that provides flexibility, speed and talent expertise in specific industries that is inherently scalable.
If your In-house Recruitment Team need extra help during spikes in recruitment requirements or your organisation needs a cost-effective solution that doesn’t require significant internal resources that may already be overstretched, recruitment on-demand may be an attractive option.
Think of it as ‘leasing’ a team of Recruiters to back-stop your in-house team with the added flexibility of choosing when and for how long you utilise their services based entirely on your needs.
On-demand recruitment is very different from traditional approaches to hiring for either permanent or contract staff. It has the capacity to scale up or down at a moment’s notice depending on a client’s requirements. Additionally, on-demand Recruiters bring easy to use recruiting programs and cutting-edge technology and processes that facilitate effective, rapid recruitment, and they work directly with the Hiring Manager for the length of their engagement.
When should an organisation use Recruitment on Demand?
Speeding up the recruitment of in-house candidates
Historically hiring tends to be a slow process, taking an average of 36 days, according to the 2019 talent acquisition benchmarking report. The reason behind this unhurried pace is the expense of making a mistake hiring the wrong candidate, on-boarding and training them, then having to let them go as they were not a good fit.
However, when agile organisations need to meet the demands of their customers by providing their products or services rapidly in an evolving market, an extended hiring time may not be fast enough to satisfy their requirements.
Rapid changes to talent requirements
Start-up organisations will often require flexible recruiting solutions to satisfy their evolving needs as they move between different products or business models.
Conversely, established businesses may face unpredictable needs due to spikes in recruitment on the back of rapid growth. Sourcing on-demand talent is an effective solution to both problems.
Utilising freelance talent
Freelancing has many advantages for highly skilled and in-demand talent. It allows them to be flexible, do the work they enjoy on projects of their choosing, and with companies they feel an affinity for.
From an organisation’s perspective, freelancers don’t expect or require excessive benefits as they have no desire to be permanent employees, so they can be offered attractive on-demand opportunities suited to their talents and the organisation’s needs.
Short term talent requirements
Staff sometimes need to leave an organisation temporarily for maternity leave or medical treatment, which may require their positions to be filled to allow the organisation to continue to function effectively.
Additionally, short term projects like M&A or similar will need specific expertise that can be satisfied by an on-demand solution, while also bringing an outsiders’ perspective to your business.
The benefits of on-demand recruitment
Organisations that want a strategic partner that can provide a recruitment solution that is fast, effective, and efficient at its core are moving away from traditional staffing agencies and contract recruiters in favour of on-demand recruitment solutions.
The thing is, with on-demand recruitment, you get a team of expert Recruiters along with their technology and proven processes that allow them to support your internal recruitment efforts, reducing costs and improving the flow of suitable candidates.
Below are four additional benefits to on-demand recruitment.
A readily available pool of experienced recruiters
Want a team of skilled, Resourcers, Recruiters or Talent Acquisition Business Partners with industry-specific experience to supplement your existing HR and recruitment team?
With on-demand recruitment, you get immediate support that can scale as your needs change, that will use your existing processes and technology, ensuring there is no disruption to your current recruitment efforts.
In addition, the recruitment professionals have access to significant talent networks across multiple industries.
Proprietary Talent Technology
On-demand Recruiters are trained in many of the popular ATS and CRM systems, meaning they will be able to rapidly get up to speed with your legacy software without the problems presented by overcoming learning curves on your software or any other obstacles.
They also have access to talent technology tools to provide greater reach and understanding of your target talent market.
Fulfil urgent requirements without long-term client commitment
By leveraging the experience of on-demand recruitment professionals, you avoid the costs associated with regular staffing agencies. Use experienced on-demand Recruiters as and when you need them without adding to your permanent headcount.
The beauty of on-demand recruitment is that it can be a one-time deal, or you can re-engage the Recruiters in the future as required.
Analytics and Performance Management
One side benefit of on-demand recruitment solutions is that they can perform deep-dive analytics of industry-specific recruitment opportunities and the candidate marketplace that will help to improve your recruiting outcomes.
The Recruiters will work with clients to manage expectations and provide in-depth weekly reporting of the candidate pipeline, outcomes, providing complete transparency and accountability.
Which talent gaps can on-demand recruitment solve?
Expert calls: If you are entering a new market or looking to invest in a specific industry, talking with someone who has experience or experience in that particular industry would be helpful to understand the market and the pitfalls of that industry. Companies like GLG and AlphasSights can help organisations connect with the experts they need to speak to.
Training: On-demand talent management companies like Cornerstone can train talent in specific skills that are in demand in your organisation.
Operations: When market conditions change, companies may need to expand their operations rapidly to cope with increased demand. By working with on-demand talent companies, they can quickly find the employees they need.
Tech Talent: If your organisation is lacking in the tech expertise you need – developers, designers, data scientists etc., you can overcome this issue by using an on-demand recruiter to find the most qualified talent for your project.
Consulting Talent: When your company starts a new project that you are not familiar with, it is common to employ management consultants to help guide you through the initial phases. By utilising an on-demand solution that can source ex-consultants with the specific experience you need, you can significantly reduce your costs.
Interim Management: Organisations periodically face senior temporary talent shortages during holiday periods and need to bring in talent to cover these shortfalls. On-demand recruiters are well placed to find the cover you need with the relevant industry experience.
eSift Case Study
The value of Recruitment on Demand has been proven by the awards that we have been nominated for and subsequently won.
Our case study looks at the challenge we took on for our client – a leading global business supplying a wide range of electronic components and consumables, with operations in 32 countries. It then explains what we achieved for the client, proving that the Recruitment on Demand service is effective.
Read our case study here to fully understand the client’s requirements and our approach to providing the required talent.