RAAS

Introducing Recruiting-as-a-Service Model (RaaS) :- The RaaS business model is similar tothe other “as-a-Service” counterparts– Recruiting as a Service operates like an on-demand recruiter which means now the companies can hire recruiting services on a affordable monthly subscription basisover a period of time for hiring multiple positions. The price is fixed and clients can hire as many candidates during the agreed period.

This model offers a monthly retainer model recruiting services for a flat monthly fees. Agency will be utilizing their ownrecruiting resources, database, job boards while partnering with the clients through the hiring process starting from preparing the job description, budgeting the position as per market, sourcing and selection, background checks, onboarding etc.

For example:

Typically placement fee is around 20 percentage of the Annual base salarywhich means for an employee making $100,000 base salary the agency fee will be $20,000. Lets say you have to fill 5 such jobs, in that case the agency fees will be eye watering $20,000 x 5 = $100000/-, whereas in a RaaS model you hire the recruitment service for 2 or 3 months at a flat fee and fill as many jobs over the period, depending on the type of positons avarage monthly RaaS fee would vary from 3K to 10K for UNLIMITED hires. This service is flexible and cost effective.

Hiring through RaaS  model is cost effective and a convenient alternative to traditional recruiting services. You get on-demand recruiting services froma highly specialized recruitment team.

This will be a very effictive model for companies of all sizesspecially for start-up tech companies in need of resources on projects.They can simply opt for recruitment agencies like Sofutech consulting offering Recruiting-as-a-Service to deliver high-caliber talent.

Benefits of Recruiting-as-a-Service model:

RaaS has several advantages over both a traditional recruiting agency, or in-house recruitment options:

1. Pay-As-You-Go:Like other outsourced services RaaS can be customized to fit any business needs. Services can be dialed up as your business scales or dialed down when your positions are filled therefore It doesn’t cost you anything when you are no longer hiring.
2. Time Saver: Qualified, pre-screened applicants are directly delivered to you without you having to clear the clogged inbox of unqualified applications.
3. Quality Resources: RaaS providers come with years of experience developing customised sourcing strategies and capability to build candidate pipelines and connecting with the right candidates at the right time hence delivering candidates that are a great match for your company and work culture. These candidares come to you after being through a stringent vettign process. 
4. Business Efficiency: You can now drop the burden of hiring workforce, RaaS will take complete responsibility to fill all your vacancies with a great turnaround time so that you can stay focused on achieving business goals.

Now that you are familiar with the value and convenience of Recruiting-as-a-Service, connect with the recruiting team at Sofutech Consulting Group to create a customized RaaS plan to fulfill your unique staffing needs. Kindly email sales@sofutechconsulting.com