For employers and hiring managers working across the financial services industry, partnering with a specialist recruitment agency can truly be a game-changer.
This simple action brings with it a host of perks, from saving valuable time and streamlining the overall recruitment process to improving both the quality and relevance of candidates put forward for consideration.
In this post, we highlight eight key benefits of partnering with a specialist recruitment firm, equipping you with the knowledge necessary to secure top talent.
Top 8 reasons you should partner with a specialist recruitment agency
If your recruitment process is yielding undesirable results, it’s time to make a change.
Kicking off this transformation by consulting with a specialist recruiter is a great place to start. Here’s why:
1. A specialist recruitment agency will connect you with relevant, top-tier candidates
One of the most important responsibilities of a specialist recruiter is to understand exactly what you’re looking for in a candidate. Doing so enables them to source and assess candidates according to a bespoke brief, ensuring every individual chosen has been fully screened.
This improves your chances of hiring a professional with the technical knowledge, behavioural traits and cultural fit that is aligned with your organisation.
2. A specialist recruitment agency has sector-specific expertise
While general recruitment agencies cast a wide net when searching for talent solutions, they often lack a deep understanding of niche sectors like insurtech, fintech, life and pensions, and asset management.
A specialist agency, on the other hand, is steeped in these markets and knows exactly what’s required from a candidate.
This enables them to make smarter evaluations, not only based on your business’s criteria as mentioned above, but based on the demands of the industry as a whole.
3. You’ll gain access to quality candidate networks
It’s a known fact that in sectors experiencing a high demand for skilled professionals, the strongest candidates are often passive, rather than actively applying for roles through ads or other platforms.
A specialist recruiter will have a strong pre-existing network in your field, giving them direct access to candidates who may not respond to standard adverts.
This automatically deepens the talent pool, increasing your chances of finding the right person for the job at hand.
4. You’ll experience a faster time-to-hire
Recruitment is notoriously time-consuming, a big reason why nearly eight in ten employers in Ireland are using AI to speed up the hiring process.
However, many organisations still lack the technical know-how to rely heavily on automated assistance.
For these businesses, partnering with a specialist recruitment agency provides an ideal solution.
Choosing a firm that offers services such as sourcing, screening, and onsite support will not only facilitate a quicker turnaround, but will also free up your team to focus on core business tasks.
5. Staff turnover costs will decrease
With a recent survey revealing that job turnover at Irish workplaces has surged to a record high, employers are desperately seeking solutions to reverse this trend.
Not only does a poor recruitment choice represent a wasted investment, but it can have further implications for businesses within the financial sector, in terms of regulatory risk, reputational impact and operational disruption.
Working with a specialist agency reduces that risk by ensuring you’re making better hiring decisions. They know the market, they know the pitfalls, and they know how to match candidates with your unique requirements.
6. You can enjoy scalability and flexible recruitment solutions
Within the realm of financial services, many businesses require temporary or flexible recruitment solutions to suit specific projects or to share the load during particularly busy periods.
Specialist recruiters respond to this by offering interim and contract options, rather than simply facilitating permanent hires.
By offering short-term experienced professionals who can quickly adapt to the tasks at hand, specialist recruitment firms empower you to adapt to changing demands and scale up or down as needed, without being locked into long-term commitments.
7. A specialist recruitment agency will help you craft your employer brand
Top candidates seeking new opportunities in competitive sectors evaluate not just salary, but employer brand, culture, progression, stability and purpose.
A specialist agency can help you to portray a positive impression of your brand by supporting you with crafting attractive role profiles to engage the right audience, managing candidate experience, and presenting your proposition to candidates in an appealing way.
8. You will receive meaningful, strategic post-recruitment support
When recruiting within niche areas like fintech, you’re often simultaneously growing the capabilities of your business. Balancing new teams with new technologies and regulatory responses can be daunting, which is where the support of a specialist agency comes to the fore.
A specialist recruiter will offer ongoing assistance, regularly advising on changing market trends, candidate availability, salary benchmarks and more.
They are positioned to do this because they take the time to understand your organisation’s culture, business goals and future needs. This enables them to provide the kind of support that helps you plan and build with confidence.
This is exactly what we offer at 360 Search.
360 Search: Your specialist recruitment agency
Partnering with a specialist recruitment agency delivers clear and tangible benefits. We know this because we see the positive results among our clients every day.
Our team presents a comprehensive recruitment service, which includes deep sector knowledge, access to strong candidates, faster and more efficient processes, higher quality hires, reduced risk, increased flexibility and strategic support.
If you require expert support in sourcing your next hire, or you simply want to streamline your recruitment process to reap more effective outcomes, recruiting us as your recruitment partner is a smart step.
Interested in learning more about how we can support your next recruitment drive? Contact us today to discover how we can tailor our offering to your business needs.
