Embedded Recruitment - All you need to know
Below you will find all you need to know about Embedded Recruitment:
- What is Embedded Recruitment?
- What are the benefits of Embedded Recruitment for businesses?
- What is the Embedded Recruitment process like?
- How does Embedded Recruitment compare to other types of recruitment?
- What are the costs of Embedded Recruitment?
- FAQ's
What You Need To Know About Embedded Recruitment:
Embedded recruitment is a hiring strategy where a dedicated recruiter is placed within a growing organization to handle the recruitment process. This means that the recruiter works closely with the internal HR or talent acquisition team to identify and attract the best candidates for the company.
The main advantage of embedded recruitment is the ability to understand the organization's culture, values, and hiring needs deeply. This enables the recruiter to source candidates who are a great fit for the company and have the right skills. By being present within the organization, the recruiter can also collaborate closely with hiring managers and establish strong relationships to streamline the hiring process.
Embedded recruitment also allows for a proactive approach to talent acquisition. The recruiter can anticipate future hiring needs and identify any talent gaps in the organization, helping to plan ahead and prevent any negative impacts of unfilled positions.
Overall, embedded recruitment provides an organization with dedicated talent acquisition expertise and a better understanding of their hiring requirements. This leads to more effective recruitment strategies and the ability to attract top talent that aligns with the organization's goals and values.
What are the benefits of Embedded Recruitment for businesses?
Embedded recruitment offers several benefits for businesses. Here are some key advantages:
- Scalability: Embedded recruiters can support the hiring needs of rapidly growing businesses by providing dedicated talent acquisition expertise. They understand the organization's culture and requirements, allowing them to attract and select candidates who are the right fit for the company's growth trajectory.
- Cost Efficiency: By having recruiters embedded within the organization, businesses can save costs associated with traditional recruitment agencies or external recruiters. This model eliminates commission fees and hidden costs, resulting in significant cost savings.
- Improved Quality of Hire: Embedded recruiters develop a deep understanding of the organization's values, culture, and hiring requirements. With this knowledge, they can identify and attract candidates who align with the company's goals and values, resulting in higher quality hires.
- Enhanced Employer Branding: Embedded recruiters act as brand ambassadors as they promote the organization's values and culture to potential candidates. This engagement helps to improve employer branding and attract top talent who resonate with the company's mission and vision.
- Focus on Core Business Priorities: By leveraging embedded recruitment, businesses can delegate the time-consuming tasks of sourcing, screening, and interviewing candidates to the dedicated recruiters. This allows internal teams to focus on core business priorities, leading to increased productivity and efficiency.
These benefits demonstrate how embedded recruitment can help businesses streamline their hiring processes, attract high-quality talent, and allocate resources more effectively.
The Hidden Market - Your Embedded Recruitment Partner
The Hidden Market is all about commercial flexibility to suit your needs
Rolling contracts
Cancel at anytime flexible contracts to suit your needs.
Your personal talent partner
Benefit from an outsourced specialist talent partner. No need to train your internal team or establish a new team.
Reduce the cost of hire
Perfect for high growth teams looking to manage the cost of hire whilst ensuring the quality of hire.
Accountability
The right recruitment partner pushes your business forward. We're here to support you hiring quickly and effectively.
What is the Embedded Recruitment process like?
The recruitment process in embedded recruitment typically includes:
- Requirement Gathering: The embedded recruiter collaborates with hiring managers to understand the specific skills, qualifications, and experience needed for each role.
- Sourcing and Screening: They utilize various channels and strategies to source candidates, such as job boards, social media, and employee referrals. They then screen resumes, conduct initial interviews, and assess candidates against the defined criteria.
- Interview Coordination: The embedded recruiter coordinates interviews with hiring managers and other relevant stakeholders, ensuring a smooth and efficient process for all parties involved.
- Candidate Engagement and Selection: They maintain ongoing communication with candidates, providing updates on the selection process and addressing their queries. Based on feedback from interviews and assessments, the embedded recruiter helps in selecting the most suitable candidates for further consideration.
- Offer and Onboarding: Once a candidate is selected, the embedded recruiter manages the offer negotiation process and assists with the onboarding process to ensure a seamless transition for the new employee.
Throughout the entire process, the embedded recruiter works closely with the organization's internal teams to provide regular updates, gather feedback, and make adjustments as needed. This collaborative approach helps in creating a smooth and efficient recruitment process.
Embedded recruitment offers businesses the advantages of having a dedicated talent acquisition expert who understands the organization's culture and requirements, ultimately resulting in better quality hires and cost-effective recruitment.
The opportunity cost of not hiring
The opportunity cost of not hiring refers to the potential missed opportunities and negative implications that arise from leaving a position unfilled. Here are some key points to understand the concept:
- Decreased Productivity: When a position remains vacant, the workload often falls on existing employees, which can lead to increased stress, burnout, and decreased overall productivity. Tasks and responsibilities may get delayed or neglected, impacting the smooth functioning of the team and potentially affecting business outcomes.
- Missed Growth Opportunities: Hiring plays a vital role in expanding and improving a business. Not filling positions may hinder growth initiatives, limit capacity for new projects, and delay or cancel plans for expansion into new markets or product lines. Competitors who fill similar roles with capable employees may gain an advantage and capture opportunities that could have been pursued by your organization.
- Employee Morale and Engagement: An understaffed team can negatively impact employee morale and engagement. Existing employees may feel overwhelmed or undervalued when their workload consistently increases due to vacancies. This can lead to demotivation, higher turnover rates, and potential damage to the overall team dynamic.
- Increased Costs in the Long Run: While leaving a position unfilled may save money in the short term by avoiding salary expenses, the long-term costs may outweigh the initial savings. The impact on productivity, missed growth opportunities, and potential turnover costs can have a significant financial impact on the organization.
- Stalled Innovation and Initiative: Open roles often bring fresh perspectives, innovative ideas, and new skills into an organization. Not hiring can result in a lack of diversity in thought and stagnation of creativity, hindering the organization's ability to adapt to market changes and evolving customer needs.
- Strained Customer Relationships: Inadequate staffing levels can lead to longer response times, reduced customer service quality, and compromised customer relationships. If customers feel neglected or their needs are not being adequately addressed, they may seek alternatives, damaging customer loyalty and impacting revenue.
Considering the opportunity cost of not hiring is crucial for making informed decisions about keeping positions unfilled. It is important to evaluate the specific circumstances, urgency, and impact on various aspects of the business before determining the best course of action.
Companies:
Here's how we help you hire the best talent:
Connect with the best hidden talent
Our approach allows you to unlock hidden passive and active talent that are often missed by traditional recruitment alternatives such as jobsites
Intelligently match and screen
Our matching model will match you to the best talent on the market and save you time in screening irrelevant options and benefit from our vetted network
Work with our team to hire
Recruit the best talent directly and bypass third party recruiters, avoiding brand damage associated with using multiple recruiters
Service & service flexibility
We combine the proactivity of a recruiter and efficiencies of a jobsite. We’ll take your brief and assist you in hiring for the role and we’re contactable as you wish
Use our tools
We're set up to help you to pipeline talent and plan ahead for your hiring needs. Our design saves you time in the recruitment process
Reduce the cost of hire
Benefit from our network and advertising of your role to reduce the cost of hire
Our Blog: Accessing The Hidden Market
Roles we currently recruit for
Embedded Recruitment FAQ's
Can I work with THM RPO if I don't have an internal talent team in place?
Yes, it is common for us to work with businesses of all shapes and sizes. For example, at Series A few startups have an existing talent function, whereas mid to large businesses do and we'll still partner with those who need flexible support.
How long is the agreement for the embedded model?
As rolling contracts, our agreements are all flexible and cancel at any time. Notice required is 60 days for sourcing and 90 days for Talent Partners.
How much does it cost?
Embedded recruitment costs vary depending on the level at which you hire but range from £5k to £15k per month. You can hire junior through to senior across sourcing talent, and Talent Partners.
What about if I just have a few roles?
We offer a range of services as a business and have a team that can help you with a few roles where there is not need for an embedded partner. Please check out our other services pages for more information.