Recruitment Process Outsourcing (RPO)
What is RPO ?
Recruitment process outsourcing (RPO) is a form of business process outsourcing (BPO) in which an employer transfers all or part of its hiring processes to an external service provider, according to the Business Process Outsourcing Association. contracting (RPOA). An RPO vendor can provide its own, or it can take on company staff, technology, methodologies, and reporting. In all cases, RPO differs greatly from vendors, such as staffing companies and contingent / retained search providers, in that it takes ownership of the design and management of the recruiting process and takes responsibility for the results.
How does RPO work ?
As resumes arrive, the RPO service provider assesses candidates and may contact the employer if there are disconnects that could mean the job description needs to be changed. The RPO team will gather and screen applicants and can guide potential candidates through pre-employment evaluations if necessary. If the RPO process is successful, the employer will simply need to interview a small number of highly vetted candidates and make a decision.
Why should your company opt for an RPO ?
With the changing business environment, the competition to hire and own the best talent in your current industry is a challenging task. This process can hamper your primary focus on core business operations by demanding your valuable time and resources. These are some of the advantages of opting for the outsourcing of the hiring process:
- To reduces in-house hiring cost
- Improve the quality of recruited candidates
- Adheres to cost-per-hire pipeline
- Reduces high turnover rate
- Provides a competitive advantage for startups with fewer resources.
- The speed of hiring increases.
- Create a talent pool to hire in the future
- Provides transparent follow-up reports to provide clarity on the status of each candidate.
- Reduce the cost of advertising
- RPO provides a flexible model regarding the scalability of your company
