Must Know Facts about Recruitment Process Outsourcing
Business Management Review |
Thursday, January
07, 2021
The RPO can deliver "quick wins" with lower costs per hire but focuses on a larger picture of long-term value-added rather than stopping after the final targets have been met. In addition, the RPO model reduces the financial burden on the client by using a risk-sharing solution.
Fremont, CA: Recruitment Process Process Outsourcing (RPO) refers to a form of Business Process Outsourcing (BPO) where all or part of an organization's internal talent acquisition process is outsourced to a third-party provider for an agreed period to increase recruitment capacity and effectiveness.
The RPO provider partners with the organization to design and deliver a customized solution to their talent acquisition needs, including increasing or replacing the need for internal recruitment sources. As a valid extension of the expertise Acquisition group, the RPO provider can recruit for any/all roles across the enterprise, leveraging economies of scale instead of traditional staffing or search firms that only recruit within their niche, typically for a lower number of positions. Recruiting Process Organization teams are subject matter experts in talent management; they have a repeatable scientific approach to recruitment strategies and invest heavily in analytics to drive the business forward.
AdvantagesReduces Recruitment Costs
The RPO can deliver "quick wins" with lower costs per hire but focuses on a larger picture of long-term value-added rather than stopping after the final targets have been met. In addition, the RPO model reduces the financial burden on the client by using a risk-sharing solution.
Promotes Job Brand
Applicants are flooded with job alerts, recruiter calls, and multiple job offers. This talent-driven market makes candidates more selective in whom they work and usually requires more than just competitive compensation. The RPO will drive a strong and consistent message and build a value proposition. Candidate experience is one of the most neglected but mission-critical components of recruitment.
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