Apr 18, 2023
In 2018, ASPR reported that 65% of healthcare organizations used a recruiting firm to help source quality candidates with an average cost of almost $20,000 per search.
That number seems steep on its own — now multiply $20,000 by 32, which is the average number of searches per recruiter for placement in one year. Suddenly, the cost increases to a whopping $640,000/year, and that number will likely continue to rise as more and more facilities experience staffing shortages.
While working with a recruiting firm is still the best way to find quality candidates, it can be a costly investment if you don’t have the right partner. To help you get the most out of your investment, we’ve compiled a list of ways to save money when recruiting.
Work with a recruiting firm that offers flexibility and customization.
We all like to have options. However, most healthcare search firms only offer a single option which isn’t conducive to finding the perfect fit.
To get the most out of your recruiting budget, work with a firm with customizable services. The Inline Group offers a base subscription to our sourcing and screening services for as low as $575 a month. With our base subscription, you can build up your service to meet your hiring needs, no matter how big or small.
Find one firm to fill all of your hiring needs.
In the past five years, healthcare facilities used an average of 3.6 search firms each to find a candidate. However, this can make things confusing.
Find a partner who can do it all – from gathering information about candidates to matching opportunities to guiding the entire application process. Through Inline’s client portal, you gain unlimited access to every candidate we’ve screened for you, organized by your list of must-have skills and traits. There’s no need to spend money on multiple search firms if you know you’ve already cast the widest net.
For large-scale hiring efforts, utilize digital marketing for widespread yet segmented reach.
Need to hire a lot of people? 86% of physician candidates are not actively seeking new opportunities. That means only 14% of the workforce is seeing your job board posts. For facilities hiring a large number of candidates, reaching only 14% of the workforce isn’t enough.
As the first firm to offer digital marketing as a resource for in-house recruitment, we have helped healthcare facilities nationwide meet their large-scale hiring goals. We connect with passive and active candidates through email outreach, social media marketing, and paid search campaigns.
Only pay for recruiting services that put you in front of candidates.
When you work with search firms, do you ever get to see how they advertise your opening? Hmmm. The majority of search firms display your job like this: “New York City hospital hiring a family medicine doctor. Great benefits. Competitive salary.”
Descriptions like these are intentionally vague because they want an agreement signed before they begin the search. If a search firm is focused on your success, they’ll build you a pipeline of candidates with an established interest in your jobs. Whether you have a new opening tomorrow or in six months, this pipeline sets you up for success every time you have a hiring need.
When Inline partners with a facility, our team instantly begins vetting candidates on your behalf. Every candidate will know your facility’s name and what you offer. Our platform builds awareness around your exact opportunity, meaning each provider you speak with will have an established interest in working with your facility.
As healthcare hiring needs continue to evolve, so must the services provided to them. If you’re interested in learning more about saving your facility’s recruiting budget while engaging with top healthcare talent, connect with us today and schedule a consultation.