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RPO (Recruitment Process Outsourcing) new booming Industry in Outsourcing.

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Ahmedabad
India

RPO(Recruitment Process Outsourcing)

 
What does RPO means?

Recruitment Process Outsourcing (RPO) is a form of Business Process Outsourcing also called as BPO whereby a Company/Employer/Recruiter outsources or transfers all or part of its recruitment activities to an external service provider.

The definition:

RPO is the form of Business Process Outsourcing (BPO).

According to Recruitment Process Outsourcing Association (RPOA),definition of RPO is "when a provider acts as a company's internal recruitment function for a portion or all of its jobs. RPO providers manage the entire recruiting/hiring process from job profiling through the on boarding of the new hire, including staff, technology, strategies and reporting. A properly managed RPO will improve a company's time to hire, increase the quality of the candidate pool, provide verifiable metrics, reduce cost and improve governmental compliance.


Why Companies Need RPO ?
 

RPO has been started before some years when the need of the manpower was not so high. No such a competition between the companies for talent.

Now the growth of the companies engaged with the IT /Non It products has been very fast and for that

RPO is a very much beneficial service in several ways.

  • It decentralizes the work and task to be distributed further among different expertise helping the employer company to concentrate on its core competences.

  • RPO offers an expertise service of choosing the right personnel at the right place. RPO professionals helps the employer for not only sourcing the talented candidates they place the right candidate to the right place.

  • RPO is an effective option for many organizations because it can have such an immediate and profound impact on their growth and profitability. By enhancing the capabilities of in-house recruitment teams, RPO can accelerate an organization’s ability to attract and retain top-performing employees at every level, dramatically increasing the human capital necessary for marketplace success.

  • An organization that launches a new product or acquires a new division may have to add hundreds of employees on a seemingly impossible schedule, perhaps at a distance of thousands of miles. Ramping up and deploying an in-house HR team may be impossible in the time available. RPO provides a turnkey, cost-effective solution - which then ramps down smoothly when the project is complete.

Benefits to choose RPO:

Recruitment Process Outsourcing provides excellent benefits in the areas of Quality Management, Cost Management , Service Management and Speed.

  1. Reducing Recruitment cost:

  • The costs on recruiting can be significantly reduced as an RPO services provider essentially uses “economies of scale”.

  • It reduces the hiring cost of recruiters while employees needed on the large scale.

  • They work very flexible while there is need of high volume of the employees at very large scale by increasing number of recruiters at their place and reduced by the time of low volume.

For example, The RPO provider has to allocate 5 more recruiters to your company when volumes are high and then easily shift them to another client when volumes are low. In this case, If you as a company gonna hire these 5 recruiters, you need to pay for resources that are not being used or lay them off which involves overhead expenses by the time. In this way RPO reduces your burden.

2. Maintained Quality and brand:

  • RPO provider do the recruitments by keeping the quality and brand reputation.

  • Recruitment is after all labor-intensive process and it is further compounded by the fact that it is recurring.

  • From example, suppose your company could have a very high number of open positions during a certain time of the year each requiring varied skill-sets and experience.

To hire a team that is capable of sourcing and recruiting these candidates is itself a challenge.

  • Recruitment Process Outsourcing (RPO) providers have the enough processes to place, expertise, an not having only rich internet database of resumes and but enough networking source to fulfill the requirements of all types of candidates by the company.

  • RPO brings in the right sense of marketing to any company by offering the right recruitment advantage to it.


3. Effective Service:

  • A Recruitment Process Outsourcing (RPO) provider will help to streamline your company’s recruitment function and make it seamless and effective. RPO providers are equipped to provide you with the best people when you need them and also take care of your ongoing and future needs through greater employee retention and process control.

4. SPEED:

  • RPO providers work on “On time business delivery model” as it is very crucial factor in the recruitment process as this directly affects to business Quality and performance. RPO provider uses the best tools and technology which helps them for easy access of the database and find suitable candidates that is ready to be interviewed.

  • They need not take do much of time to advertise for the specific job profile.

  • Recruitment Process Outsourcing is an end to end process of making the strategy from designing a job profile using the proper resources with marketing strategies to get the candidates with keeping the special requirements by the clients.

  • It is not just to lineup or hiring a specific person for a specific profile at any time.But it is about building a talent pool of resources that can be made accessible for your company.

  • RPO providers also go the extra mile to provide your company with valuable advice and suggestions on employee retention.

RPO can succeed only when having the well-defined corporate and staffing strategy.”



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30, Nov 2013 by reputa