The Hiring Hack for SMEs: 80% Less Work, 75% Faster, plus Better Candidates!
Introduction
Securing top talent is crucial for businesses, yet the recruitment process can be remarkably time-consuming and resource-intensive for employers. The average time to hire in Australia is around 40 days, even with a well-organized recruitment process.
However, a significant portion of this time is often consumed by administrative and back-office tasks that can be streamlined through outsourcing and strategic technology investments. For small and medium enterprises (SMEs), these recruitment inefficiencies are amplified.
Recruitment Challenges for Small and Medium Businesses
Small and medium businesses often face unique challenges when it comes to recruitment, including:
- Limited Time & Resources: With small teams and limited budgets, recruiting is often a lower priority than immediate revenue-generating tasks. HR and recruitment responsibilities get squeezed in around other duties.
- Lack of Expertise: Most SMEs don't have dedicated recruiting specialists. Hiring managers must figure out processes like creating compelling job ads, comprehensive interview protocols, reference checks and legal compliance largely on their own.
- Lengthy Processes: Drawn-out recruiting timelines are costly, putting SMEs at risk of losing strong candidates to swifter competitors. Key steps are often rushed or skipped due to perceived burdens.
- Poor Candidate Experience: The candidate experience can suffer from poorly crafted communications, unprofessional screening processes, or interviewers who lack training in areas like behavioural-based interviewing. This unfortunately impacts the employer's brand reputation and ability to hire top talent. Busy hiring managers may also fail to sell the company's vision and culture effectively during interviews. A negative experience can deter prospective employees and damage the employer's ability to hire their preferred candidates..
For many businesses, recruitment is seen as a time-consuming necessary evil rather than a critical growth strategy. Without specialised processes and knowledge, businesses may fail to thoroughly evaluate cultural fit, miss out on referrals, or risk violating compliance protocols.
Case Study
Let's explore a recent example from one of my clients show the potential impact of outsourcing your recruitment.
Previous In-house Recruitment
One of our clients spent nearly 100 hours over 8 weeks to reach the offer stage for a single role. Here's a breakdown of their recruitment process:
- 60 applicants
- 15 received initial hiring manager screens
- 10 full interviews (2 interviews per candidate)
- 1 offer extended
While this may seem like a small applicant pool, it's not uncommon for administrative or customer service roles to attract hundreds of applications, or for highly specialised positions to receive only 10-20 applicants.
The time invested in this recruitment process by our client was staggering:
- Writing job description and job ad: 4 hours
- Posting to job boards: 1 hour
- Resume review (10 minutes per application): 15 hours
- Hiring manager pre-screens: 5 hours
- Interview scheduling: 3.5 hours
- Creating interview questions and process: 3 hours
- Hiring manager interviews (20 hours) and second manager interviews (20 hours)
- Interview debriefs: 5 hours
- Reference checks, right to work checks: 4 hours
- Offer, negotiation, contract, payroll paperwork: 4 hours
- Unsuccessful applicant communication: 3 hours
- Pre-onboarding work: 8 hours
In total, this process consumed 95.5 hours and took 8 weeks to reach the offer stage for a single role.
The Transformative Power of Outsourcing Recruitment
By leveraging our recruitment expertise for the same type of role 6 months later, this client reduced their workload by 80% and accelerated their time-to-hire by 75% compared to their prior in-house approach.
Here’s a breakdown of the clients time used once they outsourced their recruitment process:
- Pre-recruitment discussion/meeting with HR Consultant: 45 minutes
- Early discussion and review of several initial candidate resumes (to make sure we’re on the right track): 30 minutes
- Review of 5 final shortlisted candidates: 1 hour
- Manager review of shortlisted candidate questions: 15 minutes
- Hiring Manager and Second Manager attendance at first-round interviews (5 candidates at 45 min each): 7.5 hours
- Hiring Manager and Second Manager Post Interview debriefs: 1.25 hours
- Hiring Manager and Second Manager Attendance at second-round interviews (2 candidates at 1 hour each): 4 hours
- Hiring Manager and HR Consultant Interview Debriefs: 30 minutes
- Interview debriefs: 30 minutes
- Confirm offer details and employment contract details to HR Consultant: 15 minutes
- Pre-onboarding work (e.g. set up computer/systems, access codes, induction planning etc): 3 hours
We received a total of 78 applications and the total time invested by our client was 19.5 hours. We were able to present an offer in just under 2 weeks, therefore reducing their recruitment workload by 80% and their time to hire by 75%.
The Advantages of Partnering with a HR Consulting Firm rather than a traditional Recruitment Agency
While traditional recruitment agencies exist, and have their place with certain types of specialist recruitment, partnering with a full-service HR consulting firm like ours provides specific benefits:
- Access to People Experts: Our team consists of seasoned HR professionals well-versed in areas like employer branding, legal compliance, workplace culture, organisational development, position structures as well as recruitment. This means that you are getting a holistic approach to your business and your recruitment needs.
- Compelling Job Marketing: We craft expertly written job ads and position descriptions to clearly convey roles and attract your ideal candidates as well as showcasing your workplace culture and benefits.
- Specialisation & Cultural Fit: We immerse ourselves in your business, ensuring hiring aligns with your unique strategic goals and workplace culture.
- Consultative Partnership: We operate as an extension of your team, providing strategic consultation rather than just candidate submittals.
- End-to-End Services: Our recruitment support covers the entire cycle, from role assessment and job description optimisation to Employment Contracts and payroll onboarding. We can also support you through the induction and probation process and help you implement regular performance reviews and training.
- Comprehensive Referencing: Our cutting-edge online platform gathers in-depth, verified feedback rapidly from multiple sources and has inbuilt fraud detection to reduce the risk of fraudulent references. We combine this rigor with optional services like police, identity and right to work checks for unparalleled due diligence on skills, cultural fit, and performance potential - far beyond basic reference checks.
- Accelerated Hiring: We leverage efficient processes and networks to fill roles rapidly, minimizing the risk of losing great candidates to nimbler competitors.
- Enhanced Employer Brand: Our focus on professional candidate engagement and clear communication supports a positive reputation.
- Cost Effectiveness: The time/resource savings often outweigh our fees when factoring in-house recruitment costs.
- Transparent, Simple Pricing: Our permanent recruitment fees are a flat-rate and made clear upfront based on your needs.
- Guarantee Period: You don't pay for long term guarantee periods that are generally not required. If a hired candidate doesn't work out in 30 days, we'll replace them free of charge.
By partnering with Revolution Consulting Group, you'll have a strategic hiring partner focused on finding your ideal long-term employees efficiently, compliantly and hassle-free.
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Here are the ways we can help you:
- Check out transparent and cost effective recruitment pricing HERE!
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