When you’re looking for the best employees to fill your vacancies, it can be difficult to know where to look. While general job postings may help discover your next superstar, you may also be inundated with unqualified applicants. Sifting through these resumes can be tedious and may not yield the results you need. The need to find qualified applicants leads some employers to a job marketplace to seek their next employee. While they can be beneficial, they also have their pitfalls that some employers don’t realize until it’s too late. Let’s explore the pros and cons of job marketplaces so you can decide if using one is the best solution to fill your hiring needs. Benefits of Using a Job Marketplace There are several ways that using a job marketplace can benefit employers. Here are some things to consider: Convenience Using a job marketplace allows employers to post openings and manage applications all in one place. This can help to save time, although there may be many applications to sort through until you find even one qualified candidate. Targeted Search Many job marketplaces allow employers to filter their searches for the specific skills, experience levels, and locations they are looking for. This can help to weed out unqualified candidates. Wide Pool of Candidates There is a wide pool of candidates available through job marketplaces. This gives employers access to applicants they may not have seen elsewhere. While this wide pool of candidates can offer choice, some employers can find it overwhelming to have so many people looking for positions. Cost-Effective Some job marketplaces offer free or low-cost options for posting jobs. This is appealing to many employers who don’t want to spend a lot of money searching for candidates. Access to Data Marketplaces can give employers access to data regarding skills and experience. This can help them to make informed decisions during the hiring process. Use Niche Job Marketplaces If you are searching for skilled manufacturing candidates, you can seek out niche job marketplaces that should only attract these types of candidates. These are job boards targeted to particular industries. People using these boards should be looking for jobs just like yours. Just be on the lookout for frauds, because there may still be people trying to use these marketplaces and waste your time in the process. Drawbacks of Using a Job Marketplace While there are several benefits to turning to a job marketplace to find qualified candidates, there are also drawbacks that need to be recognized such as: Low-Quality Applicants Employers may discover a large pool of low-quality applicants or ones that just don’t match the skills of the job description. Taking time to sort through these applicants may cause employers to miss out on candidates who are truly qualified and eager to work. Job marketplaces may also not attract top talent, as these types of applicants may prefer to deal with companies directly or through networking opportunities. Competition The competition among companies on job marketplaces can be tough. With too many companies crowding the field, it can be difficult for top-quality companies to stand out. Prospective employees may have trouble finding you, and you may miss out on stellar employees as a result. High Cost While there are some affordable job marketplaces, there are others that charge fees per post or per application. If you’re a company hiring for multiple positions, this can get expensive quickly. Despite the benefits of using a job marketplace, hiring managers must still use their valuable time to seek out qualified applicants. This can take away from the time they need to complete other tasks. This is why many companies turn to recruiting agencies. Recruiting agencies have dedicated staff to uncover talent and bring you only the most qualified candidates. Contact Summit Careers to Find Your Next Employee Summit Careers is here to help you find your next employee. Utilizing the services of a recruiting service like ours can help to increase retention rates so you’re not dealing with the same vacancies in another six months. We focus on attracting and helping you hire the right talent, leading to higher employee satisfaction. We all know happy employees are more likely to stay than those who are unsatisfied. If you’re ready to streamline your hiring process and find your next superstar, contact the Summit Careers team today . Let us show you what we can do for you!

When you’re looking to fill job vacancies, you want to find your next employee as quickly as possible. The more time you spend, the more work that will pile up, putting stress on your other employees, impacting your productivity and bottom line. This is why reducing hiring time is key for manufacturers. Let’s look at the benefits manufacturers can expect as they look for more efficient hiring processes. Benefits of Efficient Hiring Processes Increased Productivity When you have efficient hiring processes, you increase productivity within your company. A faster hiring process translates to lower recruitment costs and overall time spent reviewing applications and conducting interviews. This is why many companies choose to use recruiting agencies to take care of these tasks. By doing so, your team can focus on the other tasks on their list. This increases productivity by allowing them to get their other work done and brings on a new hire quicker to take care of responsibilities so that no one feels overworked and stressed. Improved Morale If there are job vacancies, current staff usually take on a larger workload, which can result in low morale if the situation persists for a long time. When you reduce hiring time, you bring in new people, leading to improved morale and job satisfaction among your current staff. Enhanced Revenue With a streamlined hiring process, manufacturers can respond quickly to market demands by having a full staff. This can help to increase revenue and sales. Attracting Top Talent Efficient hiring processes attract top talent. People who have the skills want to get to work quickly. They see that your company is focused and means business. Those who share the same mindset are attracted to this type of company, resulting in you having the best employees around. Better Candidate Experience When potential candidates see that you are efficient in your hiring, it enhances their experience. They will go into the job with a positive attitude and will likely tell others about their experience. This not only puts your company in a positive light but can also work in your favor to address future top talent. Avoids Losing Top Talent to Competitors If someone is job hunting they are likely applying to multiple jobs at once. If your company is slow with its hiring process or has many gaps in how it handles different steps of the process, top talent is going to be turned away and will gravitate towards a company that has it together. The other company will reach out to them quicker, interview faster, and make an offer, all while you are dragging your feet. By being inefficient, you are steering top talent to other companies. Efficiency will breed top talent which is why more companies are trying to streamline their hiring processes. What is the Best Way to Make the Hiring Process More Efficient? The best way to reduce the time that the hiring process can take is to hire a recruiting agency to find your next employee. They have access to candidates who are seeking various jobs and can take the time to sift through resumés, pre-interview candidates, and present you with only the best matches. They also have automated systems that can help to expedite the process even further. When you are working with a recruiting agency, your team can focus on their other tasks, limiting the impact a job vacancy has on your company. This can help to maintain productivity while a new employee is being onboarded. If you want to learn more about how a recruiting agency can help expedite your hiring process, contact Summit Careers today. We help companies in the manufacturing sector and a variety of other businesses find quality candidates who are ready to get to work. Contact the Summit Careers team today to learn more.