Recruiting is an essential aspect of any business, but it can be particularly challenging for small to medium-sized enterprises (SMEs). In 2023, with the New Zealand job market becoming increasingly competitive, SMEs face more obstacles when trying to attract and retain top talent. To help address these challenges, outsourcing recruitment can be a viable solution.

The Challenges SMEs Face

One significant recruitment challenge that SMEs face is attracting top talent. Larger companies often have the advantage of being well-known brands, making them more attractive to job seekers. Moreover, small businesses often lack the resources to market themselves effectively to potential candidates. By outsourcing recruitment, SMEs can leverage the expertise of recruitment professionals who have access to a wider pool of candidates and can help create an employer brand to attract the right talent.

Another recruitment challenge faced by SMEs is the inefficiency of the hiring process. Time is a precious commodity, and SMEs have limited resources to devote to recruitment. Recruiting professionals can streamline the hiring process, from advertising the job to screening and interviewing candidates. This can help reduce the time and cost associated with recruitment.

According to a report by Deloitte, 74% of businesses outsource their recruitment to save time and reduce costs. Outsourcing recruitment can provide access to specialist skills and knowledge, allowing SMEs to focus on their core competencies. Furthermore, it can help mitigate risks associated with recruitment, such as non-compliance with employment laws and regulations.

The Current Market

In New Zealand, the job market is predicted to continue to recover in 2023. However, with a labour shortage across various industries, it is becoming increasingly difficult for SMEs to compete with larger organizations. According to Westpac, "businesses that are experiencing skills shortages may need to consider outsourcing some of their recruitment activities to recruitment specialists."

Outsourcing recruitment can be an effective solution for SMEs to navigate recruitment challenges in 2023. With the benefits of reducing costs, saving time, and accessing specialized skills and knowledge, it can help businesses attract top talent, streamline the hiring process, and mitigate risks. As the job market becomes more competitive in New Zealand, outsourcing recruitment to specialists (such as Konnect Koncepts) can help SMEs gain a competitive advantage and find the right talent to drive their business forward.

How We Can Help

At Konnect Koncepts, we understand the recruitment challenges that SMEs face. Our recruitment services are tailored to meet the needs of small businesses, from identifying the right candidates to onboarding. Our team of experienced recruiters will work closely with you to understand your business's unique requirements and provide a customised recruitment solution. With our expertise and knowledge of the New Zealand job market, we can help you navigate recruitment challenges and find the right talent to help grow your business.

Call us on +64 9 392 9868 if you'd like to discuss our recruitment services.