In many businesses, the things bought and sold are tangible. A manpower agency, on the other hand, deals in human capital, pairing skilled workers with businesses in need of their specialized abilities. Manpower agencies can provide myriad services, ranging from job placement to matching temporary workers with corporations struggling to handle an unexpected influx of business. Because success in this field is all about making connections, you will have to spend a lot of time getting your name out there and crafting relationships as you start your business.
Everyday people been fired from the day job, employee changing their firms, human resource department looking out for trust worthy and efficient workers. These all leads to the rise of recruitment agencies -- learn in and out of this business to make a profitable endeavor.
Thousands of people are on the lookout for recruitment agency jobs. Many businessmen have already seen this as a good opportunity and invested on recruitment agencies.
A legal recruitment agency does not only allow them to help people looking for jobs and employment opportunities. An employment agency business also allows entrepreneurs to earn considerable profits for matching employers and employees. If you are looking for a perfect business that you can engage in, you might want to consider investing in a job recruitment agency. Here are some things to remember when starting an employment staffing agency:
You will be able to start and run your won recruitment agency in less than 3-4 weeks with these simple steps:
Plan on how you get clients avail of your recruitment and human resource services
Among the challenges of job placement agencies is finding clients who will avail the different human resource services that they offer. It is therefore best that you identify how you are going to have employers and companies avail of your placement agency services. You can, for example, send letters to companies and tell them about the services that you offer. It is best, however, that you are able to persuade them to avail of your employment recruitment agency services by telling them about the advantages and benefits that they can avail when they take advantage of recruitment agencies. Employers and companies, for example, will find it cost effective to outsource the screening and interview of applicants for their company. This is for reason that having a specialized recruitment department among many companies can prove to be very prohibitive. Make sure that you also tell prospective clients why you are the best recruitment agency for them. For example, of your healthcare recruitment agency specializes in recruiting health care workers like nurses and midwives, you are the best staffing agency to handle the human resources need of hospitals and health care institutions.
Learn how to effectively find the best employees for a particular job
To be competitive in the recruitment agency business, you must know how to get the best and most qualified workers to apply in your temporary employment agency. Many employment staffing agencies generally take advantage of advertising to get job hunters and careers shifters to apply in their employment agencies. Your international recruitment agency can also make use of this strategy so you will have a pool of qualified workers that can fit in the qualifications needed by your clients. Giving your clients the best available workers will help your hr recruitment agency become a reputable and efficient employment agent.
Plan of actions:
Step 1
Select a specific business industry on which to focus. While you can find success marketing workers of a variety of skill sets, you likely will have more success in creating a name for yourself if you specialize. Focus, for example, on pairing skilled writers and editors with businesses that require these services. Or focus instead on the accounting side of business, building a base of workers who all have skills in this area.
Step 2
Register a business or company with your local authority, please ensure that you have register a legal entity so that you will not get into trouble, in certain countries, if you were to carry out a business without a legal business entity, it will be consider illegal. Hence, please check with your local business authority before you start any business activities.
Step 3
Register with your other authority involving in manpower and recruitment agency, do check with your local authority whether you will need any special license to carry out your own recruitment agency as it is a professional business where requires you to have a certain level of “conditions.” For example, in Singapore, you will need to get approval from the Ministry of Manpower before you operate a recruitment agency, businesses are not able to run a recruitment agency without the license.
Step 4
Deciding where to rent an office or work at home. If you have sufficient capital, it will be good to have a small office as you will look more professional and it will be easier to use them to interview candidates. A basic rule of thumb, you must have sufficient capital for your operating expense for the next 6 months without any sales! If you do not have the required ratio, I will strongly advise you to work at home. You can still use “virtual office” and work at home if your finance is just “starting out”, many successful recruitment agency started off working from home too.
Step 5
Getting clients for your recruitment agency – Use the following techniques to get new clients, the list is not exhaustive though:
- Using telemarketing to call potential clients
- Use emailing to reach out to potential clients.
- Door-to-door knocking, though this is a very old way of doing, it works in certain time.
- Using social media such as Linkedin, facebook or twitter to reach out to potential clients.
- Networking
- Attend training course, seminars etc.
- Talk to your previous clients and suppliers from other industries.
Step 6
Getting candidates for your recruitment agency – This will be the key factor in deciding in the quality of your “product” to your client, hence you need to get the best quality at the right salary to your clients. For a start you can also use social media such as Linkedin, Facebook or twitter to reach out to potential candidates. You can also advertise on newspapers, magazine or online portal if you have sufficient budgets.
Step 7
Controlling the cost – In every business, especially for a recruitment agency, you will need to ensure your cost is to the minimum, ensure that every dollar you spend is worth it. But if the ROI is not good enough, usually the investment will not be worth it.
Step 8
Develop a pool of skilled professionals. To sell manpower, you must have a pool of manpower. Market your business to individuals within the industry you have selected. Focus first on individuals new to the workforce, as these workers will likely be easy to lure. Also seek out individuals who may be looking for more flexibility or seeking to switch jobs in a difficult economy. Advertise in the newspaper and online and contact placement departments at area schools that certify people within your chosen industry.
Step 9
Offer skills development opportunities for workers in your pool. The more skilled the workers that make up your pool, the more desirable they will be to businesses. Invest some capital in making these workers even better suited for the jobs in which you will place them by arranging professional development for them periodically. Not only will this allow you to sing the praises of your workforce more loudly, it also will show the workers who fill your pool that you care about them and their skills.
Step 10
Market yourself to businesses within the industry. To find success in this field, you must show businesses why they need your services. Advertise heavily to companies in the industry you have selected to ensure that they not only know your name but also know some reasons why working with you may be a desirable option. Focus, for example, on the ease of hiring that companies can enjoy when using your service. If companies see that hiring through you can save them time and, by connection, money, they may be more likely to turn to your business when seeking manpower to fill their ranks.
Step 11
Take advantage of all networking opportunities. Relationship building within your industry is pivotal to the success of a manpower agency. Attend industry-related trade shows and social functions, purchasing booth space and marketing your business whenever possible, to ensure that you become and remain a force within the industry.
Hope your journey in starting your own recruitment agency exciting and fruitful! Cheers and good luck!
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