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Recruitment as a service: The new era of employee recruitment

Many companies are looking for modern and efficient ways to find employees. One such option that is becoming increasingly popular is Recruitment as a Service (RaaS).

But what exactly is Recruiting as a Service? And how can it help companies find the best talent?

What is Recruiting as a Service?

Recruitment as a Service, or RaaS for short, is an approach in which companies outsource the search for employees to special external recruiting agencies. These service providers specialize in finding the best candidates for vacancies. They take over the entire recruitment process, from the job advertisement to the signing of the contract.

Why should you use RaaS?

Recruiting as a Service has many advantages over traditional recruiting methods. Here are some reasons:

  • Specialist knowledge and experience: Recruitment as service providers have insider knowledge when it comes to the job market and have a lot of experience in the recruiting sector. They know how to find and approach good people in your industry to draw attention to your vacancies.
  • Save time and resources: Companies can save time and money by handing over the search for employees to external service providers who are experts in the area. Through this, employees free up additional capacities for other tasks.
  • Access to a larger talent pool: Recruitment service providers have access to a larger pool of potential employees than companies themselves. They can find people through various channels and might even have active communities of talents.
  • Flexibility: RaaS gives companies the freedom to customize their search as needed. They can use the service only when they need it and change or expand it as required.

Innovative Ideas for Recruitment as a Service

Now that we know what RaaS is and why it’s good, let’s see how companies can use it to find the best candidates:

  • Artificial intelligence (AI) and machine learning: Recruiting service providers can improve and automate the selection process through the use of AI and machine learning.
  • Personalized approach: Companies can use RaaS to send personalized messages to potential candidates. By taking people’s interests and skills into account, companies can generate interest in a position and attract top talent.
  • Social media recruitment: Recruitment service providers can use social media platforms to actively search for employees and make them aware of open positions. They can run special ads to target people with the right qualifications. If you want to learn more about social media recruiting, we recommend this blog post.
  • Improving the candidate experience: The candidate experience during the recruiting process is important. Companies can use RaaS to ensure that applicants get a good impression of the company, even if they don’t get the job. This can strengthen the company’s image and increase the chance that good people will apply in the future. In addition, good RaaS agencies help to reduce the time-to-hire.
  • Making decisions based on data: Recruitment service providers can help companies make the right decisions by analyzing data. They can collect and analyze data about the application process and potential employees to improve the process.

Prices for Recruitment as a Service agencies

Prices for Recruitment as Service agencies can vary depending on the service provider and the company’s specific requirements. In general, prices are based on various factors such as the number of vacancies, the scope of services, and the complexity of the recruitment tasks.

Some RaaS providers offer package pricing that includes a fixed number of recruitment projects. The most common model involves a monthly fee that usually varies between €4,000 and €10,000. It is advisable to compare the prices and services of different providers to determine the optimal solution for your company.

When choosing a RaaS provider, it is also important to consider the long-term savings and value that outsourcing recruitment services can provide. Although the initial cost of RaaS may be higher than traditional recruitment methods, companies can benefit from more efficient recruitment, improved quality of hire, and increased productivity in the long term.

Overall, investing in Recruitment as a Service can be a worthwhile decision to find highly qualified talent and strengthen your company’s competitiveness.

Using Recruitment as a Service effectively

Recruitment as a Service is a great way to find employees. Companies can save time and money and count on professionals. There are many different ways to use RaaS and a good RaaS agency will use many innovative methods. When choosing an agency, it’s important to find one that adapts to your needs, both in approach and cost.

Are you looking for a suitable Recruiting as a Service agency? Take a look at our non-binding offer for you. We’ll explain how we work, our pricing model, and the methods we use to help you grow your team with the best people .

Alternatively, feel free to listen to our podcast episode where we talk in detail about recruitment as a service.

Picture of Luca Planert

Luca Planert

Recruiting Lead DACH

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