Hiring & Talent Strategy

Do the Math: The Lifetime Value of Joining MRINetwork

November 10, 2020 ──── Joe Mullings
Digital Transition, Recruiting Best Practices

Do the Math: The Lifetime Value of Joining MRINetwork

Business persons standing in fast-moving crowd
As the leader of a recruiting firm, you’re busy hiring, making placements, paying bills, keeping clients happy, and building new relationships — which is exactly how your days should be structured. 

Having said that, the World of Work has seen more change in the past 24 months than in the previous 24 years combined. You need a partner focused on technology, tools, training, and overall transformation that today’s talent access industry demands, so that you can remain focused on growing your business. The added cost of joining a network like MRI may seem counterintuitive when you’re already factoring in so many other operating expenses, but things start to look quite different when you put a number on the value that an MRINetwork membership provides.

Here are three major benefits to factor when you’re considering how joining this Network could catapult your business forward. 

Leading Technology

One of the biggest decisions you’ll encounter as a firm owner is your investment in technology. Just evaluating what you need in your digital tool stack takes time, resources, and technical knowledge — not to mention the high hard costs when you start paying full market rate for your chosen tools.

When you join MRINetwork, the investment in product research, development, and implementation has already been done for you — by experts no less — and you are then fully supported as you implement them at your own speed. You’ll gain access to the best tech solutions available for talent access professionals, at incredible preferred rates. In fact, based on preferred vendor rates alone, our offices save on average $52K in their first year — savings which will cover your membership costs. Now that you’re at a break event point, the rest is gravy. 

World-Class Training

You know that in today’s World of Work you have to focus on building a digital presence — but as you make that transition, you don’t have to go it alone. As part of the MRINetwork you’ll train with leaders in the industry who have already cracked the code. This is a team that wrote the book on training for recruiters, and is now writing the book on digital transition. 

More than two dozen seminars are available to you every year on topics that range from digital tool adoption to general processes for profitable operation. Not only will you gain access to proprietary software and tools that no other search organization in the world offers, you’ll also receive thorough onboarding to learn exactly how they can benefit your firm. As a result, you will develop the kind of digital marketing strategy and reach that allows you to connect with clients and talent in your industry niche faster than you could have believed possible.

Strong Community

Let’s face it: as firm owners, most of us have lived our entire lives in an echo chamber. You’re no doubt used to being the smartest in the room when it comes to talent access — and you should be. Clients trust you for your expertise in their industry. But we have to admit that learning from other perspectives and experiences is a tremendous advantage as we continue to round out our knowledge. 

It’s hard to put a monetary value on community, but there is a very real ROI for the genuine connection and support you’ll gain as part of MRI’s global village. Not only will you learn from the most successful recruiters in your space who have been at it to the tune of millions of dollars per year, you’ll also be eliminating the burnout and the roadblocks that come with working independently. An entire team of talent access leaders who have overcome similar obstacles will be there to help you through retention concerns, comp plans, ongoing team training, and anything else that comes up. 

Our Network members speak so highly of the events and collaborative programming that enable them to continue learning from one another to adjust their business models for increased success over time. This is a peer group that shares their secrets and best practices to help one another grow.

The numbers don’t lie. Once you do the math it’s easy to see that joining MRINetwork is the best way to accelerate the profitability of your business. And that rapid road to profitability compounds year over year, taking you to the leading edge of today’s World of Work faster than you could ever get there alone.