Australian staffing companies today are doing business in an ever-demanding market. Prolonged tightening of immigration laws has impacted skills shortages and the heavily regulated business environment continues to pose difficult challenges.
As a result, many Australian staffing companies are looking for ways to maintain or increase profitability and drive down operational costs at the same time.
For many the solution is working with an Offshore Recruitment Services (ORS) company, as it allows them to focus on their core business and significantly increase revenue because they are able to reduce the ‘average candidate acquisition costs’ by an average of 50%.
However, working with an ORS partner doesn’t help staffing companies to just reduce costs. By allowing specialists to take on certain functions their current staff can focus on fewer tasks therefore increasing efficiency, candidate management and it ensures their internal team can focus on growing the core business and increasing revenue.
By partnering with an ORS provider, staffing companies are able to focus their resources, save time, lower their operating costs, generate a higher ROI, as well as increasing productivity, efficiency and skills.
Plus, the services provided by an ORS partner are totally flexible and scalable allowing staffing companies to outsource parts of the recruitment process or the entire process. It’s not just for the large firms either; companies of all sizes are seeing the benefits.
No matter the size of the project, a good ORS partner will work together with a staffing company to streamline their recruitment processes, generating significant cost and time savings, improved time-to-fill and a better candidate experience.
How do you maintain candidate Loyalty such that they call you for their next assignment?
No matter the size of the project, a good ORS partner will work together with a staffing company to streamline their recruitment processes, generating significant cost and time savings, improved time-to-fill and a better candidate experience.
A good ORS partner will become a dedicated extension of a staffing companies in-house team, helping them deal with the challenges facing their business and affording them the ability to organise themselves to safeguard high compliance standards and develop processes that allows them to speedily source, screen and deliver the very best talent to their clients: it truly is a win win.
According to recent information published, 70% of the staffing companies in Australia say that more than half their revenue will continue to come from current accounts, with about half of, 49%, anticipating that business from new clients will only account for less than a quarter of their total revenues.
This places an overwhelming need to cut ‘average candidate acquisition costs’ and improve revenue from existing clients, while simultaneously building a healthy pipeline of new business. This requires a new and creative approach. Partnering with an ORS partner is that creative solution.
IMS People Possible are an Offshore Recruitment Services company who is helping staffing companies globally with an extensive range of tailored services. From recruitment and administrative services to accounting support and bespoke one-off creative solutions we empower our clients to gain a commercial advantage in their marketplaces through innovative cost-effective expertise.
