Recruitment process outsourcing or RPO revolves around practices in which employers hire an external service provider for handling and managing all the recruiting tasks.
RPO is responsible for optimizing the effectiveness of recruiting efforts of an organization, as the outsourced recruiters not only have the ownership of the recruitment process but also they take the responsibility of the associated outcomes.
All in all, Recruitment Process Outsourcing is not just limited to filling positions; instead, they are hired for offering-
- Complete help in the hiring
- Reporting via real-time portal and dashboards
- Technology-based hiring
If you also want to know how RPO can help you, then let us delve into the world of what is Recruitment Process Outsourcing to understand how it works and when you should hire RPO. So, without any further ado, let us get started-
What is Recruitment Process Outsourcing?
The recruitment process is an integral part of any company’s onboarding procedures. Some companies do on their own, while some companies take the help of third-party entities for the whole recruitment process.
Recruitment process outsourcing is the process through which a third party does all recruitment on behalf of the employer.
The company employer can transfer all responsibilities or partial responsibility to the third-party services for the recruitment process. The recruitment process outsourcing (RPO) is a simple form of business process outsourcing (BPO).
Key Concepts of Recruitment Process Outsourcing
All the recruitment process outsourcing proceedings are done under the Recruitment Process Outsourcing Association Guidelines (RPOA).
The RPO provider can provide its guidelines or use the company’s resources to facilitate recruitment proceedings.
The recruitment process outsourcing can use all company’s methodologies for successfully carrying out the recruitment work. Every RPO is different in its work and methods of recruiting individuals.
RPOs also navigate all chances of recruiting business on behalf of the employer.
This saves the time of the employer. It also confers the additional time to the employer for other duties of the organization.
The involvement of recruitment process outsourcing is a wise step laid by the company’s employer for various benefits.
Should you opt for Recruitment Process Outsourcing?
Now when you know what Recruitment Process Outsourcing is, the next thing that you might be thinking is – whether you should hire an RPO or not? – Let us understand when you should outsource your recruitment process here and now-
- If you have a new firm and your hiring manager needs guidance
- If you are looking for some of the best employees in your industry
- If your HR team is not being able to find the right candidate and hiring anyone who comes in, there
- If you want to add more members to your hiring team
- If you want to have a look upon the metrics that can tell you whether your hiring becomes successful or not
All in all, you should hire an RPO if you find that you need some additional help in your recruiting.
How does Recruitment Process Outsourcing work?
Recruitment process outsourcing is different from other outsourcing processes. RPOs are rapidly increasing in the world because of their availability and easiness.
With the involvement of recruitment process outsourcing, recruiting employees for a company has become an easy task. The senior posts can also be filled by implementing RPOs. The onboarding process of qualified candidates is easy with this process.
RPOs are an easy and effective method to fill the positions. The concerned employer provides the methodology to the RPO agency. The employer supervises the recruitment process, and the recruitment process outsourcing carries on the full recruitment process.
Some of the critical elements of working in recruitment process outsourcing are explained below:
1. Planning of workforce
The RPO utilizes all talent acquisition analytics of the concerned company to evaluate the recent talent supply. The evaluation is done by thoroughly going through the analytics of the talent supply of the company. RPO further checks the market automation demand that includes compensation ratios by roles, geographical areas, and departments.
The recruitment process outsourcing teams up with the company’s core team to set a workforce plan. This set of plans emerges into the forecast of the company’s talent supplies.
2. Sourcing of jobs
The sourcing of jobs is mandatory for any recruitment process outsourcing. When 80% of jobs are found through networking on different platforms, the next step is to develop a target sourcing strategy. This is done by the team of experts in recruitment process outsourcing.
They deeply source various jobs to address the company’s specific activities, including talent pipelining, screenings, assessments, etc. The branding and talent analytics observation is also the work of RPO.
3. Screening of candidates profiles
The next step in the recruitment process outsourcing is the screening method. The candidate’s profiles are screened by the team and then analyzed for the job position. The RPO team does the rigorous screening of them at an extensive level to deliver the candidates’ best.
This creates a pool of prospective candidates for interviews and assessments. The team also does the screening for cultural fit for the company. It ensures that only those candidates will get the positions that are fit for the company’s current culture at that time.
This step eliminates the unfit ones and includes the fit ones for job roles and cultural fits.
Recruitment Process Outsourcing Company Vs. Standard Staffing Company
A recruitment process outsourcing provider is different from other staffing companies. The code of conduct of RPO is very different than these familiar staffing companies.
RPO optimizes the recruitment process of the company in a very effective manner. It further streamlines the process, focuses on the long-term and short-term business goals. The staffing companies only focus on short-term goals and contingency roles, which are too high costs. In comparison, the recruitment process outsourcing does the recruitment role in lower rates that are cost-friendly to the company.
With the recruitment process outsourcing, you can expect better candidates for a specific job role with full consistency. While the staffing company only focuses on fulfilling the vacant posts. It does not include any consistency and quality.
Moreover, the recruitment process outsourcing implements flexible methods that result in good outcomes in qualified candidates. Whereas. The staffing company does not implement any of these things. They lack in providing such quality of work to the employer.
The RPO uses a different pay structure instead of paying contingency fees at the time of recruitment. There is a code of conduct for it, and RPO sticks through it.
Benefits of recruitment process outsourcing
This new world consists of many competing companies that want to hire skilled and best employees. To accomplish this, the companies seek the help of a recruitment process outsourcing teams-a third-party entity.
There are many benefits of including recruitment process outsourcing ton your recruitment unit. Let us look over some of the advantages of RPO that brings to the company.
1. RPO scales solutions to meet the needs of your company
It does not matter how many employees you want for your company. Once you have involved RPO, you will get your desired number of employees with bet skills and ability.
2. RPO reduces the cost per hire
The recruitment process outsourcing lowers the company’s hiring costs to a considerable rate. The companies need not maintain the in-house recruitment costs after involving the RPO.
3. RPO makes you choose the services you want for your company
All the RPO solutions are customizable. They are flexible enough to meet your services. Whether your company wants good target candidates or a small number of employees, an RPO does that all for your company.
In addition to these, RPOs are responsible for ensuring optimized candidate experience, global reach, state-of-the-art technology, and flexibility, and so forth.
Let us have a look at some of the best Recruitment Outsourcing Companies as well-
Recruitment Process Outsourcing Companies
Hire this RPO for-
- Well-targeted and scalable recruitment methodologies
- Time-sensitive processes along with the improved quality of hire and retention
- Leading-edge technology that further includes flexible on-site or off-site or virtual delivery
- End-to-end or partial process management along with multi-channel sourcing strategies and high-quality talent pipeline for future hires
With this RPO, you can get services like-
- Employee Lifecycle Management and Training & Development
- Regulatory Compliance and Benefits Administration
- Employee Engagement & Retention along with Payroll Administration
As a full-service Recruitment Process Outsourcing company, KPRO offers-
- Up to 75% in cost savings along with 120+ recruiters and Excellent Turnaround Time
- English Speaking Recruiters, plus various Job Boards Included
- Resume Screening and round the clock Sourcing
Recruitment process outsourcing services has the power to deliver the best to your company. The market is full of competitiveness.
To beat that competitiveness, you need a powerful service to back that. In this situation, RPO comes into the roleplay. Involve a good RPO for your company to fulfill your target employee needs.
On the concluding note, we hope you would have understood what Recruitment Process Outsourcing is and how it can be beneficial for an organization that wants to hire the best employees.
What are your thoughts about the effectiveness of Recruitment Process Outsourcing? Share with us in the comment section below.