A Recruitment Process Outsourcing (RPO) can help you to improve the quality of candidates applying to your positions allowing your business to focus on what you do best while managing your recruitment process and talent acquisition program to be more profitable and standardized.
The recruiting function has evolved into a highly nuanced and meticulously executed function supported by modern HR technology and RPO is a better way to stay on top of best practices and more importantly, get the right candidates.
Outsourcing recruitment can be done for a specific part of the recruitment process or the entire recruitment process:
- Talent management
- Strategic sourcing
- Compliance and risk management
- Recruitment analytics support
- Workforce planning
- Pre-employment screening
- Remote Hiring
Hiring the right candidate
Finding the right candidate in a positive and timely manner for your company is a cumbersome task and many companies face challenges trying to do so. HR resources get strained as well, making this processes inefficient.
Most companies face a talent shortage because they cannot match candidates to the jobs they are hiring for. That’s where RPOs come in. According to Glassdoor, the average company in the United States spends about $4,000 to hire a new employee, and it takes up to 52 days to fill a position.
RPO providers make the hiring process efficient by accessing a broader pool of talent from every avenue possible, including non-traditional ones that your company doesn’t have access to.
RPOs aren’t bogged down by other tasks besides finding, selecting, and sourcing leads for your company. As a result, outsourcing companies are better equipped to focus entirely on ensuring the proper fit.
Sometimes it is necessary to hire a candidate at a time when time is short. Instead of going the traditional route and trying to recruit yourself, which would take valuable time away from other essential business activities, outsourcing can be very beneficial.
The key purpose of RPO providers is to provide you with the right candidates, as they may have access to a much broader and better connected talent pool than you.
They have specific channels (even by industries) for talent search, as well as expert staff who focus on finding candidates for their clients. For a modern business, hiring efficiently and quickly is of the utmost importance, and RPO providers significantly reduce your hiring time through resources in addition to building your employer brand.
Recruitment processes can be expensive, whether you have an in-house expert or you have the talent search services of an agency. When you partner with an RPO provider, you can significantly reduce those costs. RPOs have highly specialized and efficient processes for finding and evaluating candidates, and most importantly, they help manage the people, processes, technology, and strategy of your talent acquisition function.
Growth of your company
RPO helps grow your business in countless ways. Outsourcing not only offers a comprehensive solution for expansion and scaling, it also helps build your employer and company brand to attract the right people.
By creating talent sourcing channels directly to your business, the right RPO provider can also bring a future of growth and scale in your industry. They can also provide the staff training service which can be beneficial for innovation and more expertise.The cost-efficiency of recruitment outsourcing also helps your business save on hiring, which can then be reinvested in your growth.