Recruitment Process Outsourcing
Any company needs employees for it to function, sometimes this is taken care by the HR department and some other times people choose to outsource the entire process itself. This is popularly known as Recruitment Process Outsourcing or RPO. When an employer decides to hand in the responsibility of finding the potential candidates for the role is handed out to a third party service provider, then this is known as RPO. The RPO Method is used to bring in qualified candidates to a potential employer with barely any involvement by the HR Staff. Any employer looking to fill open positions can sign a contract with a RPO Provider. The entire responsibility is on the RPO to find, screen and access candidates. Now that we know What is RPO? Let us dive right in and explore more about the same.
This service is usually used by medium and large sized companies. This also seems to be an ideal choice when an employer is in need for talent acquisition in specific and specialized technical areas. The labor market around us is tight and it sometimes gets tedious to bring in or attract new employees. Additionally, this brings in fresh perspectives, attention to workforce planning and skills at the same time allowing the HR Department to focus more on internal tasks and other business needs.
Benefits of RPO
One of the best hiring strategies a company can have is hiring an RPO provider. This has numerous benefits of its own to offer, a few of them are as follows.
- Recruitment expertise
This happens to be extremely helpful for companies that are not very happy or satisfied with their own talent acquisition team. - Cost Effective
Hiring an external agency can anyday can a company substantial amount of money when compared to hiring an internal team for the same. - Helps in finding Hard-to-find candidates
In tight labor markets where specialized skills are expected from the joinees, RPO’s swoop in to help. An outsourcer can help a potential employer stand out to highly skilled candidates through means of strong recruiting marketing. - Diverse Opportunities
Through outsourcing one can achieve equity, diversity and inclusion goals. When the recruitment is outsourced people from various diverse background tend to apply for the same job. Hence, contributing to the same. - Contributes to Globalization
Recruitment process outsourcing or RPO also helps in globalization. As companies expand to other countries over years, it is vital to standardize a few processes such as sourcing, hiring and onboarding process.
Internal hiring vs RPO
In many ways, the external RPO recruiter works in the same way as an internal recruiter. But, there are some key differences. When the hiring process is outsourced, the company loses some amount of control on the hiring. However, it is also to note that when an external agency is brought into the picture they bring with them specialized knowledge about the job, recruiting technology or the industry itself. This can prove to be very useful in the process. On the other hand, Internal recruiters are known to have better insight and knowledge about the organization itself and its culture. But again, the HR Department has very limited resources whereas an RPO has the ability to scale up as the needs of the clients increase.
Conclusion
The best way to solve modern hiring problems is through outsourcing the entire recruitment process. It has numerous benefits of its own to offer. RPO providers bring with them industry expertise, technology solutions and recruitment competency. Recruitment process outsourcing rpo can always be tailored to meet budgets and needs of the organization. Potential employers who have implemented the RPO system have seen a tangible improvement in the hiring metrics and the profit scale also. This makes it a perfect fit for organizations of all sizes. Employers can always select their own criteria for selecting an RPO provider and make the best use of the same.
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