Recruitment Process Outsourcing
Recruitment Process Outsourcing (RPO)
Recruitment Process Outsourcing (RPO) is a form of business process outsourcing where an employer transfers all or part of its recruitment processes to an external service provider. RPO providers are subject-matter experts; talent acquisition is their core competency. They know how to navigate the recruiting environment, stay updated with the latest recruiting technology, and have the knowledge and resources to scale recruiting capacity to meet hiring demands. The primary aim of RPOs is to bring people, technology, process, and metrics into a talent acquisition function. If you have a rise in hiring needs or want to make recruitment more effective, you can go for Recruitment Process Outsourcing. The team will help you to meet your goals.
RPO provides high-volume hiring for large organizations at a lower cost as compared to other recruiting options. It is a strategic talent acquisition solution that can be adopted by small and medium-size organizations as well. RPO brings scalability to the process and variability into the cost. RPO engagement can be structured on hiring needs and provide a flexible solution to recruitment requirements.
Three basic types of RPO engagements
- On-Demand RPO: A contract-based engagement with a qualified provider that knows the company, its processes, and the results they need. The contract specifies a particular number of roles in a specific period.
- Full Recruitment Process Outsourcing: When the RPO vendor provides a company’s entire internal recruiting function, including access to the provider’s full breadth of resources.
- Function-Based RPO: The RPO provider takes the company’s hiring needs entirely off the company’s plate.