Know How to Hire the Best Recruiting Firms
It’s a no-brainer that the most important element in the relationship between your organization and staffing partner is the quality of candidates your organization receives. A little research before selecting a recruitment partner can save your organization from lots of headaches, time and money.
Here are a few things you need to know before partnering with the best recruiting firms in San Francisco or elsewhere.
What Is Their Team Structure?
Before choosing a recruitment partner, first, you should know their team structure. If the structure is “Sales Heavy” then they might not be able to do a commendable job. This means they are more focused on winning clients and have fewer resources to perform the job you are actually hiring them for.
If the recruitment agency has only one recruiting manager per project, it would be difficult for the staffing agency to meet a deadline. Instead, you need to look for recruiter-heavy staffing agencies.
How Does the Team Recruits?
Get into the details of their sourcing methods. If the recruitment agency is going to use the same recruitment channels as your internal recruiters, there is no point in partnering with them.
Ask about their sourcing techniques, talent pools and relationships with passive candidates. Make sure the agency is capable of attracting the quality candidates your organization seeks.
Are They Generalist or Specialists Recruiters?
Find out the recruiting agency you are planning to hire is a niche recruiter or they work across a wide range of industries. A specialist recruitment agency hiring specifically for your industry would have a better understanding of different job roles and the relevant skills candidates need to have to be successful at the job.
The best recruiting firms in San Francisco also have good relationships with hundreds of passive candidates who might be perfect for the job. On the other, a general recruiter would be hiring for every possible role like day laborers, nurses, mechanical engineers and so on.
There are more chances the generalist recruiter may not understand the skills required for different job roles in your industry and also not have the experience of recruiting for such job positions. The dearth of talent making recruiting tougher so your chances of getting desired talents are minimal when working with a generalist recruiter.
Does the Recruitment Agency Have Experience in Hiring in Your Business Niche?
Anyone can set up a recruitment agency overnight and call themselves an expert recruiter. You need to look for recruiters who have several years of recruiting experience in your business niche.
Recruiting for difficult-to-fill roles needs some knowledge about required skill sets, available skill sets and know-how about the job market. A well-established and experienced agency would have a wider network and also know the right places to find candidates.
What Are the Steps in the Screening Process That Candidate Is Put Through?
Knowing the screening process in detail is important. It will help you understand what parameters or KPIs the recruitment agency takes into consideration when presenting candidates for final interviews.
You need to look for the best recruiting firms in San Francisco who have effective methods to screen the candidate’s technical abilities, understand the candidate’s personality and determine whether they can mesh with the company’s culture. Learning about the screening process would also help you know whether the agency checks candidate’s references and performs backgrounds and criminal checks before referring a candidate.
Does the Agency Offer a Single-Point-Contact for Their Clients?
Communication plays an important role in the success of any partnership. Recruiting does not always go as smoothly as intended and sometimes unexpected problems might crop up like referred candidates not meeting your expectations. In that case, your hiring managers would need to communicate the feedback to a responsible person who can take corrective action.
When the recruitment agency provides a single-point-contact for your recruitment project, you don’t need to waste time.
The basic objective behind learning these things about staffing agencies is to help you in dealing with best recruiting firms in San Francisco and hopefully prevent any disappointment and enhance success rate.
Did we miss any important points? Please feel free to comment.
Why Do You Need to Work with a Staffing Agency?
According to the ManpowerGroup survey, talent shortage has increased to 45% from 40% in 2017. In such a scenario, you need to look for a recruitment partner who can help you recruit and fill the open positions.
Besides filling vacant positions, a san francisco staffing agency brings a host of other benefits as well. Here are some reasons why you should work with a staffing agency:
High-Quality Candidates
Staffing agencies follow a well-structured recruiting program. The procedure starts with an accurate job description to attract the right talent. Staffing agencies create an ideal job profile based on the work responsibilities of the position.
Recruitment agencies also identify the right skills for each job profile and develop a series of phone screening questions that help them quickly identify qualified candidates. This means the candidates referred by the agency have passed all recruitment filters and the internal recruiter only interviews high-quality candidates.
Reduced Risk of Bad Hires
According to a well-known recruiter Jörgen Sundberg, the cost of a bad hire is 30% of the new recruit’s annual salary. As per the CareerBuilder survey, 43% of HR respondents interviewed mentioned the immense pressure to fill positions was the primary reason for bad hiring. Hiring managers are so anxious to get someone to fill a vacant position that they overlook the candidate’s flaws and hire a person who is unsuitable for the job. On the other hand, recruitment agencies have a standardized interview process and they use advanced hiring tools to formulate good questions and assess candidates to prevent bad hiring.
Recruitment agencies also conduct peer-to-peer and behavioral interviews that help them determine if the candidate fits in the company’s work culture. Your staffing agency in San Francisco looks beyond hard skills when assessing candidates. Some of the soft skills the candidate is checked are:
- Effective communication
- Team player
- Time management
- Leadership qualities
- Adaptability
- Diplomatic
- Perseverance
- Problem-solving
As you can see the recruiting agencies equally focus on the candidate’s personality and overall experience that reduce the risk of bad hires to a greater extent.
Reduced Time-To-Hire
Recruiting is a time-consuming task and it can take anywhere from a few days to four months to find the right candidates according to LinkedIn’s global survey. Talent shortage adds to the woes of recruiters and it can further increase time-to-hire significantly. According to the ManpowerGroup human capital survey, 45% of employers acknowledged they can’t find candidates with required skills.
Staffing firms maintain a pipeline of thousands of qualified candidates who are ready to take up job when the right opportunity knocks. By working with a staffing agency, you get easy access to such voluminous talent pools and get qualified candidates quickly.
Guarantee
Recruitment agencies offer various types of guarantees to their clients for the new recruits. Some of them are:
Full Refund guarantee – If a new recruit leaves the company within the negotiated period of time, the recruitment agency refunds the complete amount that it received as a recruitment fee for the new recruit.
Replacement guarantee – If the new recruit leaves the company within the negotiated period of time, the agency would provide a replacement candidate for free.
There are other guarantees like prorated money back guarantee and prorated replacement guarantee in which the agency refund a certain percentage of amount or charges only a certain percentage of the fee for a new recruit.
Save Money
Background and criminal checks cost money. You need to spend around $2 to $20 for each identity and criminal background checks. Recruiting agencies conduct identity and background checks before referring a candidate to their clients. This reduces recruitment expenses to a great extent.
There is a burgeoning trend in the industry to use staffing agencies. According to the Frontline Source group survey, around 90% of businesses use recruitment agencies to meet their staffing needs. We hope these reasons are enough for you to partner with a staffing agency in San Francisco and enjoy the numerous advantages that come with this association.
Do you know other reasons for working with a staffing agency? Please feel free to comment.
Why Business Owners Need to Hire SEO Firm?
If you thought your business did not need SEO services, you are wrong. Every size and type of business can benefit from SEO services. As a business owner, you have different areas to look into and you cannot handle the entire marketing of your business, which is why you need to hire an SEO firm that has an expertise and experience in the same. The professional experts at the firm carry out thorough market research and offer you the best solutions in the industry.
Five reasons you need to hire an SEO firm.
1. It works: As simple as that! SEO really works. It has proven to be one of the most important factors that drive traffic and revenue to your business. With effective SEO strategies, you not only ensure a strong website ranking but also increase traffic to the website. With more traffic, there is more business and you earn a higher revenue. An SEO firm can leverage their knowledge and experience when building an SEO strategy for your business and this could help you achieve growth.
2. Build a strong online presence: SEO is not only about using a few keywords in your content. It is about the optimization of your website and putting out relevant content that fits your business. Whatever the type of your business, you need to ensure that the content is unique and relevant. If you hire an SEO firm, you will be able to build a strong online presence and your business will grow. To make the most of the opportunities of taking your business global, one of the first step is to build a strong online presence.
3. Consumers are going online, where is your website?: There is increasing penetration of smartphones across the globe and large number of consumers are using the search engine to grow their business. They are using Google to look for products and services. If your business does not show up on the Google search results, you are missing out on prospective consumers. Almost 70% of the consumers research a company before making a buying decision. An exceptional website will not do the job for you, you will have to invest in SEO to ensure that consumers can find you. Since the consumers are going online, it is time for you to take your business online.
4. Build credibility: With a high search engine rank, you will be able to build credibility for your business. A lot of consumers prefer to click on organic search results instead of the paid ads and this is what makes the difference. When a business invests in SEO services, they are able to achieve a higher search engine rank and it builds the credibility of the business. Consumers trust the businesses that are displayed at the top of the search results and consider it to be reliable and trustworthy. Quality content will always create value and consumers love websites that are value based. The best SEO Houston will help build a strong SEO strategy for your business and will allow you to achieve your long term financial goals.
5. Cost effective: SEO is an asset and every business is on it. There is a strong difference between SEO and paid advertising and SEO shows higher results with regard to conversion rate and website clicks. Paid advertising cannot turn into an asset over a short period of time. Hiring an SEO firm will ensure that you receive a higher return on your investment and grow the investment. SEO is cost effective and will give you loads of traffic with a higher ranking.
Make the right business decision and higher a reliable and experienced SEO firm today. Notice the difference in your business within no time of implementation of an SEO strategy. The right professionals will take your business to new heights and help you achieve the financial milestones.
Four Top Insights on Offshore Asset Protection and the Best Tax Professional to Hire to Set it up
Is offshore asset protection still possible? With the erosion of Swiss banking secrecy, the IRS is strongly against “secret” foreign accounts, and with the Americans receiving jail sentences for non-compliant bank accounts at HSBC and UBS, one might think it’s no longer a viable action plan. However, it is workable—provided it’s done correctly.
Offshore asset protection is effective against civil creditors if the offshore structure is tax compliant. In this post we’re going to look at four top insights on offshore asset protection.
Four Top Insights on Offshore Asset Protection
What is offshore asset protection? Before we get into insights, lets begin with the basics. Asset protection is simply the safeguarding of assets and wealth from attack by unsecured creditors. These assets can include the following:
• Liquid assets
• Real estate (commercial and residential)
• Professional practices
• Securities
• Art
• Jewelry
• Cars
• Boats
• Intellectual property
Offshore asset protection involves physically transferring pretty much anything of value to a foreign country. Of those listed above that can’t be moved is real estate. It is protected by turning it into cash, and then the funds are transferred offshore. This process of offshore asset protection is called equity stripping because the equity is separated from the property and then protected.
1. Offshore Asset Protection – How to Protect Your Assets
Protecting your assets involves transferring them to a corporation or trust that is created in a stable, secure, and confidential foreign country. The offshore asset protection strategy should be set up by a professional who is experienced with foreign assets. However, it’s imperative that the trust or corporation is set up carefully, and it must follow IRS rules governing foreign asset control.
2. Offshore Asset Protection – Stable, Secure and Confidential
Not all foreign countries are the same when it comes to stability, security, and confidentiality. This is why it’s important to ensure the safety of your offshore assets with well credentialed trustees, international banking institutions, and government officials at the highest levels in foreign countries. To ensure your foreign assets aren’t at risk, any offshore asset protection professional you hire must have long-standing relationships in the country you’re dealing with.
Some common foreign jurisdictions for offshore asset protection are the Cook Islands, the Isle of Man, the Cayman Islands, and Bermuda. This is because of their low (or non-) tax policies, their lack of currency restrictions, and their stable governments.
3. Offshore Asset Protection – The Foreign Trust
The advantages of a foreign trust is that its assets are insulated from civil law suits, matrimonial claims, non-payment of taxes, and forced inheritance. But it’s important to note that just about every offshore jurisdiction will honor treaties that require reciprocal enforcement of criminal convictions. Even though transferring assets to a foreign trust gives valuable offshore asset protection advantages to you, it’s important to note that there are arduous reporting requirements imposed by the small Business Job Protection Act of 1996; and the IRS is ready to impose substantial penalties to make sure these trusts aren’t used to avoid paying taxes.
As an American taxpayer, you must confine your offshore asset protection trust strategy exclusively to protecting your assets; and you must be ready to comply with the IRS taxation and reporting requirements. To ensure that your offshore asset protection strategy stays in place, all you have to do is continue to comply with United States tax compliancy.
4. Offshore Asset Protection – Be Aware of Tax Traps
Due to a need for asset protection, people have been securing their assets in countries that are considered tax havens for several years – since the 1970s. There was a need to guard personal wealth because of aggressive litigants, creditors, tax minimization, and ex-spouses. The United States government took note of this and started a campaign to stop this flow of wealth to offshore countries. Legislation was implemented to discourage American investors from sending their wealth overseas, creating the need for new offshore asset protection strategies.
To set up an offshore asset protection plan, it’s important to hire a qualified professional who is aware of the tax traps that are set up by the IRS. They must be experienced in U.S. tax law, as well as in international and domestic asset protection law.
Offshore asset protection is not as easy as it was, but it’s still a viable option, provided it’s set up correctly by an experienced professional. In other words, the trust must strictly follow the rules and regulations of the IRS, and the transaction must be done in a secure, stable, and confidential foreign country.
What to Consider Before Hiring A Video Production Company
It’s important to find the right video production company because you’re hiring a partner to help you produce video content that will be integrated into your marketing and outreach efforts. Further, there are a variety of video production companies in NYC but you want to make sure you hire one that is professional, responsive, and understands your needs. To find the right video production partner it is important to consider several things before you hire a company to help with creating your marketing videos or to develop a corporate video production strategy:.
Consider the Expertise and Experience
Businesses today can’t ignore the power of videos as a great marketing tool. It has become increasingly necessary to create videos at regular intervals about the various aspects of the business. But creating business videos, brand films, or marketing videos requires a different set of expertise and skills. After all, you are making them to either promote your business, communicate with internal or external audiences, or provide thought leadership in the industry.
When choosing a video production partner – you want to select a professional team that has both extensive production experience, as well as the business savviness to interact with your team and senior level executives as necessary for the project. As you evaluate a prospective video production company, you should look at their portfolio and understand the quality of work that they have produced. Even if they haven’t produced exactly what you envision if they have the experience and are capable of producing quality videos then they will be able to translate those experiences to help bring your vision to reality.
Consider the Clarity in Communication
Once you have identified a few corporate video production companies that fit your requirements, it is time to setup meetings with each of them to take the process forward. As you go through the process, pay attention to how well they respond, their tone and demeanor.
For clear communication, it is important to ask the prospective companies the right questions. Don’t be shy in asking about their work process – both in terms of how they operate and how they will keep you in the loop on the video production project. Through the initial conversation, you’ll learn about how the video production company approaches production, what their solutions look like, their team, and of course how they structure their rates for each corporate video production.
With that in mind, tell the video production company your exact requirements and assess their response to those needs. Did they ask the right follow-up questions? Did they respond favorably to your queries? Can they deliver the product at your proposed budget? Do you feel their rates are comparable with their experience and expertise? Do you feel comfortable with their responses and about working with them?
Consider the Vision and the Plan
Technical expertise is important when choosing a video production company. But the prospective company must also have a vision for the video and be willing to have a dialogue with you to flush out your ideas. The right production company in NYC or elsewhere is going to be able to have a conversation with you, and provide valuable input and feedback to help your team establish a vision and develop a strategic plan for the corporate video production project.
As you evaluate, these are important aspects, as it is crucial to know in advance if the video production company can translate your vision into a video by infusing it with their own creative inputs. It is an important step as it helps you to gauge the skills and competency of the production team..
At the end of the day, talking to different video companies will help you find a good match for your business requirements. Careful consideration during the selection process can help you find the right video production company and the right parter to help you successfully leverage video for your marketing and communication efforts.
