Author: Marietta

GRS Recruitment: Internal Versus External Hiring

GRS, Cyprus’ leading recruitment agency

04 September 2015

One of the challenges that businesses face is determining the best way to recruit: through an internal or external recruitment process. GRS assesses the pros and cons of each approach.

Recruitment: Internal Versus External Hiring

Recruitment is one of the most important and sensitive parts of the HR process and making a recruitment mistake can be immensely costly to any business. With the exorbitant costs in place to hire and train an employee, hiring the wrong person can have a huge detrimental impact on a business’ net profits and employee morale, consequently forcing them to begin the recruitment process again to find a new hire.

One major consideration in the recruitment process is whether to hire internally or externally. Hiring internally, using an internal resourcing team, involves passing the hiring responsibility on to an in-house team, who know the objectives and procedures of your business inside-out. This method also focuses on promoting employees from within usually by posting advertisements internally and creating and shuffling teams to fill certain roles.

Countless businesses will use their current in-house HR team to hire from within, since these individuals know the corporate culture and team of staff well. Recruiting internally has its advantages: the individual hired already knows and understands your current business model, culture and processes well before assuming the new position. Not only is the individual easy to find and train, but he or she will also be able to assimilate into the new position far quicker than an employee who was sourced externally.

That being said, this method of recruitment does limit companies to their current quota of staff and as skill sets become even rarer and more specific for a particular role, it is becoming increasingly critical to branch out to a wider talent pool when hiring to find the most suitable individual.

Furthermore, internal recruitment can also bring about problems with equal opportunities and in promoting a diverse workforce. To contrast, external recruiting ensures a diverse workforce not only in terms of age, gender and ethnicity but also in terms of personality types, thinking styles and education backgrounds.

External recruiting brings a wider talent pool

Many businesses prefer to adopt an external recruitment process to pass the responsibility of recruitment onto an experienced recruitment consultancy who will seek, screen and deliver employees on their behalf.

External recruitment brings with it countless substantial advantages. A professional agency such as GRS possesses a wide pool of qualified candidates that they can easily draw upon. Employers will gain access to the right candidates who are specifically qualified for the role they are trying to fill.

Recruitment agencies also possess in-depth market knowledge and expertise combined with state-of-the-art technology and assessment tools designed to locate the most applicable candidates for the position. GRS, Cyprus’ leading recruitment agency, has more than 10 years of experience in the industry together with a database of more than 30,000 candidates. Drawing on such a huge pool of talent helps to fill available positions quickly and with the right company-specific skills required to fulfil the desired role.

GRS will also provide you with an end-to-end recruitment process that begins with screening and shortlisting appropriate candidates and assisting with the interview process. Upon the selection of a successful candidate, they will also assist you with creating an appealing and competitive package.

Once hired, the individual will bring in a fresh perspective and new information or methodologies acquired from their previous employment that can be integrated into your best practices. Having not been exposed or overexposed to your corporate culture, this individual will also help to balance the workplace, leading to team stability instead of team segmentation. Hiring externally is also a great way to maintain the level of open-mindedness, innovation and creativity needed for an organisation to excel.

Attracting and retaining top talent: the key to organisational success

Getting the recruitment process right is fundamental to the overall success of your business and although external sourcing requires more time and investment, it gives you a competitive edge when recruiting the ultimate talent for a position. With a solid team of employees who are all ideally suited for their roles, you will be able to lead your company in the right direction and take it to new heights, ensuring it remains competitive in the marketplace as it evolves and grows.

15 December 2014

The holiday season is typically one of the busiest times of year and this is true for businesses of all shapes and sizes. Whether you are a small start-up company or a large multinational corporation, the seasonal period is always likely to place a heavier strain on your current team who are under immense pressure to meet additional obligations and tight deadlines.

This time of year – as with any other holiday period, is the ideal time to outsource a temporary employee, whether for the purpose of meeting simple tasks and responsibilities or for fulfilling more significant requirements.

GRS is the only licensed recruitment agency in Cyprus to provide temporary workers to its Cyprus-based clients, whether during the busy Christmas season or at any other time of year. Temporary workers are becoming increasingly sought after, particularly in the midst of the financial crisis, and GRS has a wide network of available workers on hand to cover your every recruitment need. GRS engages the temporary worker under a contract and takes care of the payroll of the worker including all statutory payments.

This leading international recruitment agency has the capacity to fulfil every temporary requirement you might have, from a temporary administrator or receptionist to man the front desk, to a qualified Accountant to assist with peaks in business and special projects.

GRS, which recently celebrated 10 years of success as Cyprus’ biggest leading recruitment consultancy, takes the stress and responsibility out of hiring a temporary worker. Once the application is received from the candidate, GRS screens and reference-checks the candidate to ensure that he or she is well suited to meet the requirements of a particular role. Only then will that individual be recommended to the client.

Temporary Workers Bring Benefits at any Time of Year

Hiring temporary workers bring numerous benefits to any business – not just during the holiday period, but at any time of year. They relieve your existing team of feeling over-burdened with extra responsibilities and also ensure that tight deadlines are met with, which consequently increases your bottom line.

Temporary workers can also be brought in to cover employee shortages, staff holidays, long-term sickness or maternity leave, or even to complete specialist work that your existing team may not be qualified to do.

With temporary placements there is no need to increase company headcount on the balance sheet, as GRS is responsible for providing the client with an invoice for the salary of the individual and for processing the individual’s payroll.

This mitigates the rising costs involved in hiring a new employee, including healthcare costs, insurance and social security costs, as well as the cost of time involved in hiring from your Human Resources department and reporting and processing payroll.

GRS: Bringing Expertise, Network & Lower Costs

GRS has a high level of expertise in finding the most appropriate and highly qualified individuals to fill positions and has a large network of available workers who can quickly fill any positon. This will save you time from start to finish as you will not need to advertise the position, interview candidates and process new hire documentation for a temporary position. This will also result in tremendous savings related to turnover and training costs.

Finally, bringing in a temporary worker offers the ideal opportunity to find a qualified and highly skilled individual and hire them on a permanent basis if you are particularly impressed with their performance. Hiring a temporary worker through a recruitment agency leads to high employee retention as the employer has the unique opportunity to observe employee performance, qualifications and work habits before deciding whether or not to offer the individual a permanent position.

For more information please contact one of our offices: +357 25342720 (Limassol), +357 22769369 (Nicosia) and speak to one of our consultants. Or email: jobs@grsrecruitment.com

GRS Recruitment Issued with the first Temporary Worker License

29 September 2014

GRS, the largest recruitment agency in Cyprus, is pleased to announce the granting of the first license in Cyprus to provide temporary workers in Cyprus under the Temporary Workers Act 2012. Steve Slocombe, founder of the GRS Group, commented: “We have worked very closely with the Ministry of Labour on securing the license over the last few months as this has been breaking new ground for both GRS and the Ministry of Labour”.

The new license, issued by the Cyprus Ministry of Labour, means GRS are the only licensed recruitment agency able to provide temporary workers to its clients in Cyprus. The law has been enacted by Cyprus in order to remain in line with EU regulations on the supply of labor regulating the activities of recruitment agencies.

He added: “The issuing of the license marks an important strategic step for GRS in ensuring that the company can continue to provide temporary workers to its clients in Cyprus. We have seen a significant growth in the temporary employment market in Cyprus since we began operations in 2005 and more companies are looking at how a flexible workforce can benefit their organization. The temporary workers are an excellent solution to cover absences of permanent staff due to maternity leave, holidays, long term sickness or to deal with peaks in workload without increasing headcount on the balance sheet”.

About GRS

GRS was founded in 2005 and now has offices in Limassol, Nicosia and Malta, with 20 employees. Managing a wealth of career opportunities and industries in Cyprus and Malta, the company services both clients and candidates in fulfilling employment opportunities by combining unparalleled expertise, industry-specific knowledge and an extensive candidate database.

GRS Major projects division visit personnel onsite in Libya – 10 April 2014

The GRS Major Projects team have recently returned from an in-country visit to Libya where GRS personnel have been supporting APR Energy who have been supplying the Libyan government with 450 MW of power to maintain the Libyan electricity network.

APR Energy specializes in the sale of reliable and efficient electricity through the rapid global deployment and installation of scalable turnkey power solutions. APR Energy’s solutions, coupled with comprehensive operation and maintenance services and flexible commercial terms, have established it as a leader in its industry. The GRS Major Projects team have been working and supporting APR Energy since they were in Cyprus in June 2012 and latterly in Libya from June 2013 where the GRS team of over 50 workers were responsible for the rapid set up and commissioning of several plants in Libya. Such was the team’s success they have stayed on for the operational phase of the project that has been running for the last six months.

Founder of GRS Steve Slocombe said ‘It was excellent to be in the country and meet the team and to see just what our workforce has achieved in such a short space of time and how their expertise and commitment has helped make this a very successful project both for GRS & APR Energy. The hospitality we were shown by the APR team was outstanding and as well visiting several of the Diesel and Gas turbine sites APR also found time for us to visit the magnificent and unspoilt Roman City of Leptis Magna which was amazing.’

GRS Major Projects division can supply a wide range of personnel including Mechanical & Electrical Engineers, Technicians, Mechanical Operators and Logistics specialist on a contract basis to international projects anywhere in the world. For further information please contact Steve Slocombe steve@grsrecruitment.com +357 22769369

GRS Global Recruitment Solutions opens a new office in Malta

01 June 2012

The company which already operates offices in Nicosia and Limassol has opened its 3rd office in Malta to support the well-established and growing finance and professional sectors in Malta.

“We saw Malta as an exciting opportunity as a number of our international clients have recently opened up there and we saw it as a natural progression especially as a jurisdiction, Malta is particularly attractive for Cyprus entities from a tax perspective.” Says Steve Slocombe, founder of GRS. “It also affords us an opportunity to expand our business into a country that has significant synergies with Cyprus as a low tax jurisdiction. We are thrilled to be moving into the area.”

Located in Floriana next to the Belgium Embassy, the new location offers all of GRS’s services, including permanent recruitment, temporary staffing solutions, outsourced payroll and outplacement services. Areas of specialization include funds, trusts/fiduciary, corporate services, accounting, legal and IT.

Established in Cyprus in 2005 GRS Global Recruitment Solutions is a leading recruitment consultancy. The company serves a diverse cross section of organisations and candidates across the professional services sectors who demand personal attention and professional recruitment, payroll and outplacement services. GRS is recognised as an organisation that delivers. In July 2010 GRS Professional Recruitment Services Ltd was selected as one of 10 Country Representatives for Cyprus in the European Business Awards sponsored by HSBC. This was a major achievement for GRS as we were nominated alongside other companies that included the Bank of Cyprus and Cyprus Airways to represent Cyprus.

Partnering closely with clients GRS strive to fully understand the client’s needs to provide innovative and value adding solutions. GRS employs 20 staff in Cyprus.