A company is as great as its employees. If you want to be the best in the industry, you must hire the best in the industry. You must hire forward thinkers, who would take initiative and come with innovative ideas. Your HR team alone cannot take interviews of all the applicants, help from external sources may result in your companies benefit as they would hire the best among the applicants. If your organisation is also looking to fill vacancies, you could use RPO.
What is RPO?
RPO is also an outsourcing process, where an employer transfers all or a part of the recruitment process to an external service provider. It is also a form of business process outsourcing designed to hire qualified candidates with minimal to no involvement of HR. With RPO, you can transfer all your recruitment process to an external source, be it a small or large, irrespective of the size of a company you can use this to acquire new talent.
If your a company focused more on acquiring new talent, who take your organisation to new heights, then RPO is undoubtedly the best option for you. You can leave recruitments matters in the hands of the best. Why compromise with anything less when you can hire the best of best with the help of external talent recruiters. Outsourcing your recruitment process has its own benefits. When the hiring process starts all your team has to be on toes and their work will also increase for the HR team and they may not concentrate on your other employees. So when you outsource the recruitment process your employees can work on better things and increase your productivity and efficiency while the outsourcing company is finding you, suitable candidates.
Why RPO?
If you’re still wondering why do you need to outsource your recruitment? It is simple to answer this question to save both time and effort. With changing, times and technological advancements have changed the recruitment process too. To stay in the trend you must update yourself, things change fast, somehow you may end up forgetting one or the other requirement. In such cases when outsourcing will assure you that all your work is handled by someone who is expert in it and stays updated about all the latest trends and changes. You can put your trust in them to recruit the best talent out there.
RPO brings people, process, technology and metrics under one blanket. With changing times, it is getting hard to find the right people that would fit the role perfectly. But RPO company’s are clearly able to hire the right people that benefit in their growth. You could say that with its current speed, RPO is here to stay and companies are clearly turning towards it for any recruitment process.
How does it Work?
Many must be wondering, how is it any different from their companies HR recruiting process. Here is the process of an RPO’s working. The companies and outsourcing company enter into the agreement, it includes project details, cost, timing etc. once the agreement is signed, the HR team and the outsourcing company has meetings to discuss the job descriptions.
The outsourcing companies use the best strategies and techniques or the clients to get the word out about the hiring. Now mostly social media is the main source to spread the word about anything including hiring. They could use even use LinkedIn and other job portals for hiring. Once the applications start pouring in, the external recruiter goes through the profiles and pick candidates that match with companies requirements or job description. Once the candidates are selected the interviews are scheduled.
Types of RPO
On-demand RPO: It is a recruitment service taken by companies on an hourly or project basis. It is more flexible when companies require talent acquisition for a particular project. This suits best for contract-based agreements that need personnel to a certain period of time.
Function-based: In this type, companies hiring requirements are completely taken care of by an RPO. It is a continuous process and this makes it easy for companies as they don’t have to change between external recruiters and as they know well about the company they can help to find the right candidates.
Full Pro: This type of recruitment services will give complete control to the RPO vendor on companies hiring process. The company gives complete control of recruitment to the RPO company.
Benefits of RPO
- Lowers recruitment costs
- High Hiring satisfaction
- Vacancies are filled up fast
- HR can focus on improving productivity within an organisation
- Saves time and effort
- Helps in recruiting the best talent
- Meets requirements by following the latest technologies and updates.
Conclusion
Without a doubt, companies are changing with time, it is high time the recruitment process also changes. When a company concentrates on filling vacancies other important issues within the organisation can get neglected. To avoid such situations companies can outsource their recruiting process. This way the workload is reduced and the would acquire the best talent. Outsourcing companies have better knowledge about the latest technologies and trends. So they would adopt all the latest methods to hire. If you’re an organisation who needs employees for one single project or a full-time position, using RPO hire the best talent that can increase your organisation’s productivity and efficiency and help you in taking your company towards success.