Advantages And Disadvantages Of Recruitment Agencies Commerce Essay

Advantages And Disadvantages Of Recruitment Agencies Commerce Essay One of the big advantages is that the company is not wasting a time to sorting the candidate’s resumes and conducting the interviews on the initial stages. The advantage of the hiring companies is to recruit people in a very short time because the agency has always saved the resume of the qualified candidates. And they quick start to the screening process and conduct the interviews, background checks etc. The hiring companies gain advantages from using professional recruiters as well. The another advantages of the recruiting agencies if someone is already working somewhere and finding a job to elsewhere with no time wast, the agency will helps the candidates to find the job which is not being advertised to provide good quality job in a Varity of fields. Today’s competitive market, it a big benefit for the companies and the candidates for both, taking advantage from the recruitment agencies as long as they can because the professional recruiters provides the maximum sup port the candidates and recruit the good quality staff for the final stage of the interview process of the company. In this way it is a big advantage for the both parties is that each knows the other is serious about the open position. One more advantage of the hiring agencies is that to serve the job searchers in long term or short term position on to the large and small business scale. Recruitment agencies also offers health and retirement benefits, According to the â€Å"Encyclopaedia of business†. The Americans uses these agencies to find work with companies such as Adecco, Kelly services help place the employees in the united state and Europe. For many companies, it is a disadvantage that if the company have a one or two position available and decide to go to hire the recruitment agency, this decision will be the costly to hire the recruiting company. There is another disadvantage for the company, if they have not hiring the recruitment agency and advertise publically fo r the senior level placement, it is risk for the company to lose her reputation and other competitors take advantage by using their tactics. It is best for the company to contact the recruiters to fill up the position confidentially. If the recruitment agency is not to find the suitable candidates for the right position of the company it is time loss for the company. It is expensive to any company to pay the agency up to 30 % of the employee’s annual salary. When company hire the employees through recruitment agencies then it has to bear extra cost because organization has to give the huge money to recruitment agencies for its services. Which directly impact on the overall profitability of the organization which results badly affect the financial sustainability of the organization? Advantages and Disadvantages of Informal Methods: If organization hire the employees without following the complete procedure of recruitment and selection then these methods will be called informal methods like walk in interview given by employee without job announcement, applicant refer by existing employees.