Reduce the cost of your recruitment in 2023 with myinternalrecruiter.com
Recruitment costs quickly add up.
Whether you’re hiring in-house or using an agency there are always costs you incur that you might not have initially considered.
Job boards, job adverts, time spent out of the business interviewing candidates, time spent out of the business training and onboarding, and at times, additional courses and screening checks.
What can make recruitment even more costly is if you hire the wrong person who ultimately leaves within their first 12 months of employment. Not only is this super frustrating, but it’s actually estimated to cost upwards of 30% of that employee’s salary because they simply haven’t been in the business long enough to create a return.
If you’re looking to hire in 2023 but you’re conscious of spend, we have a solution.
Who are myinternalrecruiter.com?
Myinternalrecruiter.com was founded on the premise that we can provide our clients with all of the benefits of an internal recruitment team, at a fraction of the cost.
Having worked with SMEs for many years we realised that traditional agencies weren’t providing the same level of service as internal recruitment teams, however, hiring those internal teams is incredibly costly and time-consuming. So, we created a subscription model of recruitment that allows us to form long-term partnerships with our clients, allowing them all of the benefits of an internal team, but in a much more cost-effective way.
How are we able to reduce the cost of recruitment?
The subscription model allows us to charge 0-2% fees compared to the traditional 15-20% fee.
But how are we able to do this?
The subscription model means that you pay a 2% fee per role filled and in return, we ask for a 12-month minimum term contract. Which gives us security, and saves you thousands of pounds on fees.
What’s included in the subscription packages:
The Growth Package: £750pm – 2% fees applied per job filled
(Perfect for SMEs with 30-50 employees)
- 4 jobs per contract
- Alignment meeting
- Advertising
- CV sifting
- Shortlisting
- 1st stage interview
- Quarterly meeting to discuss progress and plans
- Interview skills for point of contact
The Surge Package: £1000pm – 2% fees applied per job filled
(Perfect for SMEs with 50-100 employees)
- 7 jobs per contract
- Alignment meeting
- Advertising
- CV sifting
- Shortlisting
- 1st stage interview
- Quarterly meeting to discuss progress and plans
- Interview skills for point of contact
- Future planning for all vacancies
The Evolution Package: £1500pm – 2% fee applied per job filled
(perfect for SMEs with 100-200 employees)
- 12 jobs per contract
- Alignment meeting
- Advertising
- CV sifting
- Shortlisting
- 1st stage interview
- Quarterly meeting to discuss progress and plans
- Interview skills for point of contact
- Talent management training for all hiring managers
- Attraction and retention strategies
Scale Up Package: POA/pm
(Perfect for those scaling rapidly)
- 0% fees apply per job filled
- Discover our scale-up solution for high-growth UK SMEs that require a bespoke solution to hit ambitious growth targets. Together, we’ll build a flexible and tailored approach. One that integrates our full capabilities to drive your growth. It’s a fully outsourced recruitment function that you can rely on.
How are we able to act as your internal recruitment team?
What we do is purposefully simple.
We chose to partner with businesses for the long haul because we don’t believe transactional recruitment works well for businesses or recruiters. When placements are made transactionally rather than in a consultative way, bad hires are more likely to be made.
Forming long-term partnerships means that we are able to get to know your business’s structure, culture, processes, hiring managers, benefits, offices (you name it) as well as an internal recruitment team would. Giving us and you immeasurable benefits:
- We are able to be a part of the early conversations on hiring so we can keep our ‘ears to the ground’ for upcoming candidates
- We know how to sell the role and the business to candidates
- We are able to create a list of passive candidates for the business which we can refer back to when upcoming roles arise
- We are able to act quickly but with precision
- We are able to conduct first-stage interviews in your offices – to the outside world, we are your internal recruiter.
If you’re still reading this, you’ll probably be wondering exactly what the process is.
The step-by-step process:
- We’ll have an alignment meeting to get to know you and so that we can understand exactly how your business operates
- You will be assigned a dedicated Account Manager – This person will act as your internal recruiter
- Your Account Manager will be assigned your company email address – to the outside world, they are your internal recruiter
- We will create your job ads
- Promote the job ads on your behalf
- Go to market with your job
- Do all of the headhunting
- CV-sifting
- We will interview all potential candidates
- Reference check candidates
- Send qualified CVs to the hiring manager & arrange interviews
- We will train your hiring managers on interview skills
- Give all feedback to the candidates and to the hiring manager
- Handle the offer
- Handle the salary negotiations
If you’re looking to hire 4 or more employees this year, myinternalrecruiter.com could be the perfect solution for you. We can save you money on your recruitment whilst also giving you all of the benefits of having your own internal recruitment team. We not only reduce the cost of hiring, but we also reduce the risk of making bad hires.
If this sounds like something you might be interested in, give us a call on 0113 873 0092.
