In-house recruiting: advantages and disadvantages
In-house recruitment means your company deals with a team of recruiters on your company’s payroll and is focused on finding candidates exclusively for your enterprise.
The pros of in-house recruiting:
- In-house recruiters work only for your company and its benefit, which saves you from having to turn to the help of recruitment agencies. Instead, you can completely control the work of every in-house recruiter, trust them and prioritize the hiring process.
- In-house hiring assumes that the recruiters are intimately familiar with the specifics of your business, your organization’s culture and policies, and other company departments, including their employees. This means that they better understand the needs of the company in terms of hiring new workers and can better find precisely those candidates who fully meet your company’s requirements.
- Your in-house recruiters, being in constant cooperation with your company, will be able to continue to hire ideal candidates for the company whenever needed and in the shortest possible time.
The cons of in-house recruitment:
- Having a few recruiters or even an entire recruiting department is expensive. Such a department requires the regular salary paid to its employees and the provision of necessary equipment and maintenance.
- Having a team of in-house recruiters on your balance sheet is advisable when your company is scaling and new employees are needed more or less regularly. But the staff is formed, your recruiting department stands idle and becomes unprofitable.
- Every time your enterprise’s in-house recruitment team is looking for a new candidate, they use the same candidate base and methods, ending up missing out on unusual talents that could bring fresh air to the company.