Why RaaS Is an Innovative Approach to Your Hiring Needs
In any business, managing human resources requires effort and expertise. Training, performance evaluations, and onboarding all call for specialized knowledge. It becomes overwhelming when recruitment is added, especially for expanding businesses.
Recruiting new employees is a problem that businesses everywhere encounter. This explains why the Recruitment as a Service (RaaS) paradigm is necessary.
Every expanding company encounters difficulties hiring new employees. Either the management forms a recruitment team or engages a staffing firm. Both have benefits and drawbacks of their own. You may get the best of both worlds with RaaS without any difficulties.
Learn more about what RaaS can do for your company in the sections below.
A corporation typically chooses between using its in-house staff to recruit or using an agency when growth occurs, and the amount of work grows. Using your HR team is necessary when you hire internally.
You might need to engage a recruiter depending on if your business has specialized recruiters. This can cost money and take time. On the other hand, working with an agency can be a quick fix and provide you access to a specialized recruiter.
However, the costs are typically higher, and it takes a while for the agency to grasp your corporate culture and find the best candidates for you.
Recruitment as a Service is the name of the third strategy. In this instance, you are employing an outside recruiter, but they will function as a devoted resource wholly integrated with your business.
Instead of the customary percentage fee, you will only be billed for the hours actually worked. In contrast to staffing firms, which are paid only when a candidate is hired, the RaaS model charges for the time spent conducting recruitment efforts.
How RaaS Operates
You have the freedom to choose how much time per week you wish to use a recruiter, thanks to the RaaS model. The suppliers of RaaS services offer a set number of hours each week or month.
The organization will assign a dedicated recruiter to work on your project once you’ve decided how many hours you want to use the services. After that, the recruiter will comprehend your hiring needs, job descriptions, culture, and budget and search for profiles accordingly.
They will participate in the entire process and plan interviews in conjunction with your personnel. The number of hours the recruiter worked on your project will determine how much the agency bills you each month.
To put it simply, the RaaS model operates similarly to a pay-as-you-go approach and meets your demands.
How RaaS Is Beneficial for Your Business
Like any other paradigm, RaaS is effective in some circumstances. It works effectively for businesses with significant hiring goals, high attrition rates, and ongoing hiring strategies.
It also works effectively for businesses that outsource services and must make hiring decisions based on project requirements.
A company offering RaaS can assist you if you want to expand your talent pool with technical resources like software developers, QAs, project managers, ERP administrators, or mobile app developers.
You can engage qualified engineers and developers who will diligently work on your projects and hire the best personnel by consulting with them.
You can trust Technical Paradigm for your IT staffing solutions! We offer recruiting-as-a-service to fill IT roles for startups and large corporations. Contact us right away to find out more!