Recruitment As A Service (RAAS) by

The art of finding and employing talent has never been more awash with choice - of methods, technologies and media. The average business is now empowered like never to speed up their hiring process, be more targeted in their search, and more accurate with attraction techniques.

But what about the actual cost of hiring? Did you ever felt traditional recruitment becoming expensive?

 

Traditional Recruitment Vs Hirextra RAAS

Resource/Activity
(For 100 Roles)

Cost of 4 Talent Acquisition
Cost of 1 Senior HR
Cost of Job Portals Eg. Monster or Dice
Branding & Job Advertisements $100 per each role
LinkedIn Search Cost
cost of Telephone Interview$30 per Role x 500 (1:5)
Cost of Interviews For 1:3 Shortlisted
Cost of InterviewsFor 1:2 Final Round
Cost of Obtaining Basic References$30 per role x 300 ( 1:3 )
Cost of Social Media Check$30 per role x 300 ( 1:3 )
Cost of Basic BG check$30 per role x 300 ( 1:3 )
Cost of Candidate Holding after selection$100 per candidate ( 1: 1 )
Cost of Infrastructure$50 per candidate ( 1:5 )
eg. internet,confectioneries,stationary
HireXtra RAAS ServiceAverage $300 per role
Total:
Cost per Resource:

Traditional Recruitment

$160,000
$75,000
$28,000
$10,000
$6,000
$15,000
$30,000
$20,000
$9,000
$9,000
$9,000
$10,000
$25,000
$0

$406,000

$4,060

HireXtra RAAS

75%
$ 40,000 *Only one resource required
$75,000
100%
$0
100%
$0
100%
$0
100%
$0
100%
$0
$20,000
100%
$0
100%
$0
100%
$0
100%
$0
100%
$0
$30,000
60%

$165,000

60%

$1,650

There are the huge savings on costs with Hirextra.com - Recruitment As A Service (RAAS) who manages advertising, shortlisting, phone screening, interviewing etc .