Thinking of using an RPO provider to augment your recruiting and hiring processes? You're not alone. The RPO market is rapidly growing, and with today's increasingly dynamic business environment, it's no surprise. While outsourcing is not a new concept in the world of HR, it has evolved into a more targeted service. More specifically, Recruitment Process Outsourcing (RPO) is a partnership between a company with recruiting needs (RPO buyer) and a company with recruiting services (RPO provider) in which the RPO buyer's brand is being promoted instead of the provider's. In essence, the RPO provider is an extension of the RPO buyer's existing HR department and may assume the company's technology, methodologies and reporting. Most RPO providers will offer a range of services, from full outsourcing and recruitment projects to contingent workforce projects and blended RPO. One important, but often overlooked, aspect when selecting an RPO firm is to find a provider that can successfully grasp and sell your employer brand. Here are a few other things to keep in mind when it comes to RPO.
What are the benefits of RPO?
There are numerous benefits of using an RPO firm, including saving time and money by obtaining the right candidates more efficiently, streamlining the recruitment and hiring process, effectively offboarding and onboarding temporary workers, improving employment brand and increasing overall engagement levels. Organizations of all sizes across all industries, from start-ups to enterprise-level organizations can benefit from the services of an RPO firm.
How is RPO different from other recruiting/staffing solutions?
A RPO provider works with you to streamline all aspects of the talent acquisition process for your organization. While other solutions sometimes offer a recruiting "quick fix," RPO is a systematic approach to staffing a company. It focuses on the overall long-term picture, not just current open positions.
When should I consider RPO for my company?
Companies experiencing difficulty finding the right employees, organizations in specialized industries, and businesses going through a growth phase can all benefit from the services offered by an RPO firm.
According to one study, the most important factor when considering an RPO provider is the ability to consistently provide qualified candidates in a timely manner. Other considerations include understanding the needs of the client, value for fees, and general service capabilities.
One last thought: it's important to keep in mind that RPO is not a one-time fix or offloading of your recruitment problems. It should be used in conjunction with your current hiring standards to enhance your overall recruiting environment.
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