What is a Subscription based Recruitment?

Subscription based recruitment is a process where employers pay a monthly/yearly fee to the recruitment agency to get a certain number of candidates placed in your organization or other on-demand services. You can avail all has the same features as other subscription models and works in a similar way. It allows you to outsource all your hiring needs to an expert third party provider, giving you time to focus on core business operations as well as fetching you the best candidates for the open roles in your organization.

How exactly does the subscription model make a difference?

When employers commit to our services for a specific amount of time, not only do we get to fully concentrate and fulfil short term objectives but also build your employer brand and value proposition as an employer and communicate it in the best interests of the organization.

What is the process of subscription-based recruitment?

Subscription recruitment involves several stages. The process may vary a little depending on the package you have subscribed with the provider. But here is a general outline of the process.

Initial Consultation:

It starts with a detailed discussion with the recruitment service provider about your company’s hiring needs, goals, and preferences.

As the hiring company, you need to make sure that you provide all the necessary information. The types of roles you are hiring for, desired skills and qualifications and other preferences.

Customized/ tailor made recruitment Strategy:

Your third-party provider will collaborate with you to develop a customized recruitment strategy that aligns well with your company’s objectives to deliver the best outcomes. Factors that are involved in a strategic recruitment are- frequency of hiring, specific job roles, target candidate profiles, and any unique requirements.

Access to Tools and Resources:

Once the right strategy is set and is agreed upon by both parties, the recruitment service provider gives you access to recruitment platform, tools, and resources. This could include an access to their talent database, candidate tracking system, interview scheduling tools, and more.

Candidate Sourcing:

By using the best resources and tools like AI-driven algorithms, candidate databases job postings, and other methods, your service provider will source candidates that meet the described skills, qualifications, and job profile expectations.

Candidate Screening and Matching:

Initial screenings of candidates are conducted to assess their qualifications, skills, and alignment with your job roles. Matching algorithms may be used to pair candidates with relevant job openings.

Candidate Presentation:

A curated list of qualified candidates is presented after the screening process, for your review.

You can review candidate profiles, resumes, and other relevant information.

Interview Coordination:

As per your request or need, your service provider will assist you in scheduling and coordinating interviews between your hiring team and selected candidates.

Feedback and Selection:

After conducting interviews with the candidates, you can provide feedback to the service provider about the candidate interviews.

Based on your feedback, they may refine their search and continue to present candidates until suitable hires are identified.

Offer and Onboarding:

Once you select your preferred candidates you can extend job offers to the chosen candidates. Your recruitment partner will help you with negotiations and facilitate the onboarding process, ensuring a smooth transition for the new hires.

Ongoing Support:

Throughout the subscription period, the provider continues to offer support for any additional hiring needs that arise.

They may provide ongoing access to their recruitment tools, assist with candidate sourcing, and offer guidance as needed.

Metrics and Reporting:

Some of the top notch, reputed, experienced service providers like RekPro may provide regular reports and analytics on key recruitment metrics, such as the number of candidates sourced, interviews conducted, and hires made.

Renewal and Review:

At the end of the subscription period, you have the option to renew your subscription or adjust your plan based on your evolving needs.

It is important to note that the subscription-based recruitment process is designed to offer ongoing support and assistance throughout the entire hiring cycle. The specific steps and services may vary based on the provider and the level of subscription you choose.

Subscription-based Recruitment vs. Traditional Model of Working with an Agency?

Both the subscription-based recruitment model and the traditional recruitment model have their own advantages.

Depending on the company’s needs, either can be chosen.

When you work with a typical traditional recruitment agency you are charged an average of 20% fee on each hire. A traditional model majorly focusses on selecting candidates for specific positions or provide an outsourcing team.

The deciding factors could be-

Focus on hire– Unlike traditional recruitment, a subscription-based model allows systematic hiring where Recruiters work an extension of your existing team. The client company is given complete control over the process.

Cost efficiency– The subscription-based recruitment model reduces hiring costs in half due to monthly fees and predictability.

Features of Subscription RPO (Recruitment Process Outsourcing)

The objectives of subscription-based recruitment services are to provide companies with flexibility, cost-effective recruitment, and a streamlined approach to hiring talent. The aim is to meet the evolving needs of businesses by offering ongoing recruitment services through a subscription arrangement.

Some of the key benefits of subscription-based recruitment models:

Unlimited Hiring: you can make multiple hires within the subscription-based model during the period defined, without incurring additional fees for each hire. Companies with high-volume or ongoing hiring needs, this is hugely beneficial for you!

Access to quality candidates Pool: A reputed agency like RekPro that demonstrates high efficiencies in providing subscription recruitment services provide you access to a database of pre-screened and qualified candidates. This expedites the hiring process by giving you access to potential candidates more quickly. 

Candidate Sourcing and Screening: Your third-party service provider will actively source and screen candidates, that can include resume reviews and initial screenings- for your job openings, helping you identify qualified candidates.

Customized Recruitment Strategy: The service provider works with you to develop a recruitment strategy that aligns with your company’s goals and needs.

Job Posting Assistance: We help organizations create effective job postings that attract the right candidates.

Interview Coordination: Some models assist in scheduling and coordinating interviews between candidates and your hiring team.

Employer Branding Support: As your third-party recruitment service provider we will help enhance your company’s employer brand to attract top talent and improve your reputation in the job market.

Analytics and Reporting: Many subscription-based models offer data and analytics to track the effectiveness of your recruitment efforts, such as the number of candidates sourced, interviews conducted, and hires made.

Cost Predictability: Subscription based models provide an affordable and predictable budget for recruitment expenses, which can help in deciding future finances.

Scalability: Subscription based recruitment accommodate fluctuations in hiring needs, allowing you to scale up or down as required.

Saves time: By outsourcing various recruitment tasks, you can save time and resources that would otherwise be spent on candidate sourcing and screening.

Long-Term Relationship: Subscription-based models often foster a closer partnership between your company and the recruitment service provider, leading to a better understanding of your company’s culture and hiring preferences over time.

Additional Services: Depending on the provider, you might have access to additional services such as background checks, skills assessments, and onboarding support.

Are you Planning to Hire Employees?

If you are looking for a subscription RPO agency, Rekpro is your ideal partner. With an industry wide experience in the recruitment and staffing industry for the past 26 years, Alp’s capabilities to recruit and hire some of the topmost candidates across various fields far exceeds the clients’ expectations. Contact us and we will help you choose a recruitment model that works best for your unique business needs.