Like any asset, the quality of your workforce can be a costly investment and a huge risk when recruitment and onboarding processes are not working optimally. According to a 2016 Recruiter & Employer Sentiment Survey performed by the MRI Network, 56% of recruiters said they can't make good hires because of lengthy hiring procedures.
As global markets and consumer needs radically fluctuate, the pressure on HR professionals to keep labour recruitment costs lean has become more important than ever. Jobvite states that 65% of recruiters report that the biggest challenge in hiring is a shortage of talent, creating a pressing need for qualified workers to shine at the forefront of the recruitment process.
The cost of recruitment & training
The process of labour recruitment and training is expensive, especially when being repeatedly done for temporary positions.
Add to that the costs associated of hiring a new employee, such as advertising for vacant positions, evaluating CV's, conducting interviews and background checks, and in many cases, travel, insurance and living expenses. All these tasks require an extensive amount of time and money to carry out.
For a large number of businesses, the recruitment and training process is a long, expensive and often frustrating process. But did you know there is a simple solution that can solve all your needs and provide the best-matched labour supply for you every time? Well, there is. Whether your business requires staff to work on an ongoing or contingent basis, skilled TVET skills assessment and training will help solve all your workforce needs.
TVET skills assessment and training reduces the time and cost of hiring employees by providing your business with ready-to-work employees who can be put to work immediately.
TVET skills assessment and training is beneficial to all businesses regardless of their size and area of concentration. Discover some of the main benefits your business can gain from TVET skills assessment and training.
The benefits of pre-hire TVET (Technical and Vocational Education & Training) & assessment for your business
- Accelerate the recruitment process
TVET skills assessment and training efficiently cuts the labour acquisition process by eliminating most of the steps, such as advertising for positions, CV evaluation, conducting interviews, initial training and induction, among other recruitment tasks.
Currently, with most recruitment processes, additional TVET is required to adapt workers' skills to meet the specific requirements of the business - this training is costly. With pre-hire skills assessment and training, however, every employee is pre-screened to ensure the best compatibility based on the qualifications, skills and experience you require.
With the numerous tasks associated with labour recruitment, such as preparing job descriptions, advertising for vacant positions, shortlisting, interviewing and reference checking, the entire recruitment process is a time-consuming and costly endeavour. With satellite TVET skills assessment and training centres available locally where labour pools are most recruited, your business has access to a much greater skilled workforce to fulfill your business needs at all times, saving you both time and money.
According to the NACE Job Outlook in 2017, 91% of employers prefer their candidates to have work experience, and 65% of them prefer their candidates to have relevant work experience.
Employees who have undertaken the appropriate assessment and training by a recognized TVET leader will bring valuable knowledge and experience to your organisation. This is a much more cost-effective and efficient alternative to post-recruitment training.
A TVET skills assessment and training partner specializes in skilling hundreds of workers every month with modern trade-relevant competencies. Once a worker passes a practical skills assessment, their profile is uploaded to a dedicated LMIS portal where you can review their qualifications and assessment marks, and extended a job opportunity if they meet your need. Moreover, your business is empowered to remotely assemble a qualified workforce quickly and efficiently.
According to Capterra, 95% of recruitment and talent managers who use some form of recruiting or applicant tracking software state that it has improved their hiring process.
TVET skills assessment and training is a win-win for businesses and job-seekers alike
TVET skills assessment and training is important for business owners and job seekers alike because of the benefits it provides to both. Job seekers who undergo TVET skills assessment and training value the opportunity to work for a better-suited job at a potentially higher pay rate.
Growth X Connect is the solution for your TVET training and skills assessment needs
Growth X Connect is the ultimate solution for companies to easily fulfill their labour requirements, vastly reducing the costs and inefficiencies of the traditional hiring process, particularly for workers based abroad.
For more information, visit https://www.arcskillsforwork.com/
This article was commissioned by Arc Skills For Work.
