How to justify your recruitment budget
Headcount is just one component of the recruitment process, allocating a budget and investing in the actual recruitment activity enhances hiring efforts, attracts top talent, and ultimately contributes to the company’s success.
Here’s our tips to justify your spend:
1) SAVE TIME & MONEY.
Hiring is time-consuming and resource-heavy. Outsourcing means businesses save time, as they can allocate their internal resources more efficiently leading to a reduction in costs associated with prolonged vacancies whilst minimising impact on productivity.
WHY mme:
We’re 2.5x faster than the industry norm which can reduce your costs by 40%
2) EXPANDED TALENT DATABASE.
A recruiter’s network goes beyond applicants and referrals. It includes ‘passive’ professionals not actively job hunting. This expands the pool of qualified candidates beyond traditional methods.
WHY mme:
Our unrivaled 41,000 strong local database, built over 16 years means you’re 4x more likely to attract the right people for your business.
3) MARKET KNOWLEDGE & EXPERTISE.
With valuable market insights into current market trends, industry-specific skill sets and salary expectations, recruiters attract the right candidates by screening comprehensively ensuring that only the most suitable individuals are presented.
WHY mme:
We are sector experts with over 75 years (combined) experience.
4) ELEVATED EMPLOYER BRAND.
Recruiters are great brand ambassadors they present businesses in the best possible light, conveying key attributes such as mission, values and unique selling points. This advocacy leads to attracting high-quality candidates who are more likely to align with the company’s culture and goals.
WHY mme:
Capitalise on the reputation and reliability of the trusted mme brand, entrenched in the local employment space since 2006.
5) IMPROVED RETENTION.
Recruitment agencies have the time to conduct a thorough and extensive process. Alignment is paramount across all aspects of the business and reduces the risk of turnover and the associated costs of rehiring and training new employees.
WHY mme:
Our unique methodology, on-boarding and aftercare programme contributes to a 94.8% retention rate.
6) CONFIDENTIALITY & DISCRETION.
Confidentiality is vital for sensitive and executive roles. By maintaining confidentiality throughout screening, interviews and information handling reputation is protected and potential disruptions are avoided.
WHY mme:
Taking the time to understand you, your business and your objectives ensure we follow your practices and guidelines.
CONTACT US to talk about your next hire
Employment Market Trends Quarter 2 24/25
The 2024 calendar year was defined by cautious economic policies, tighter budgets, and tough decisions. Smaller Northern Beaches businesses, in particular, had to navigate these challenges, while larger companies showed some resilience. The slowdown in wage growth also limited consumer spending, further affecting the economy. Looking ahead, 2025 offers a more optimistic outlook. The…
How to find candidates who aren’t on job board sites
Wondering where to find high-quality candidates? You won’t always find them on your local job boards. To find the best people, you must look beyond the ads.