What exactly is Recruitment Process Outsourcing?
Recruitment process outsourcing (RPO) is a specific type of business process outsourcing (BPO). Here, an organization looking to hire personnel hands over most, if not all responsibilities of the hiring process to an external recruitment agency, as defined by the Recruitment Process Outsourcing Association (RPOA). An RPO agency can work on its own or may utilize the company’s resources to fulfill clients’ recruitment needs. An RPO and job search recruiters on retainer are not the same things. The key difference between the two is that the former takes control of the design & application of an effective recruitment plan, as well as the responsibility of results, independently. As opposed to job recruiters on retainer, who have to work on behalf of their companies, based on a recruitment plan formulated by their employers.
How RPO Can Be A Game-Changing Investment For Your Business
Nowadays, the recruiting process is fairly complicated. For you to effectively recruit the best personnel, you need to wade through the dense labor market. You also need an expert-level proficiency in relevant technologies, as well as the ability to manage and train candidates. RPO agencies are subject-matter experts – talent acquisition is their area of expertise. They know how to handle the recruiting process and stay up to date with the newest trends in recruitment-related technology. They have the resources to manage the recruiting capacity to meet talent acquisition demands. RPO work with people, technology, and resources to bring them together for a successful recruitment opportunity.
Depending on what kind of personnel your company is looking for, recruitment process outsourcing can deliver a multitude of benefits including:
- Minimizing the total cost of recruitment.
- Working according to recruitment fluctuations all year round.
- Reducing the time taken to fill vacancies by almost half.
- Boosting company image as an equal opportunity employer.
- Improving overall candidate experience during recruitment
- Streamlining and simplifying the hiring process
- Saving company time and resources that can be used for other responsibilities.
RPO For Big Businesses vs Small businesses
Classically, RPO provides high-volume recruitment opportunities for large corporations at a lower cost compared to other hiring options. However, over the last few years, RPO has expanded to provide effective talent acquisition solutions with extra benefits that can be used by small or medium-sized companies as well.
Smaller organizations have the additional challenge of managing their small hiring capacity. Usually, human resources executives in small businesses juggle a lot of responsibilities. In addition to their usual responsibilities, they are in charge of conducting recruiting drives as well. Smaller organizations also have no fixed number of hires throughout the year, making it a challenge to hire an exclusive recruitment team. Over the past few years, RPO has been interacting with the smaller and medium-sized markets, as these markets are growing rapidly. As a result, RPOs specifically catering to these markets are emerging as strategic hiring partners and carving out their niche in the personnel recruitment field.
Recruitment process outsourcing brings adaptability to the recruitment process and is extremely cost-effective. Services through RPO can be requested and paid for based on hiring needs, providing practical solutions to all your recruitment needs.
Redwood Technology Solutions specialize in a wide range of recruitment process outsourcing services. These include manual job postings, OFCCP Compliance Job Posting, for Federal Compliance, High Volume Craigslist Job Posting, Recruitment Media Buying, and general Business Process Outsourcing. Our team has over 16 years of experience in the staffing, talent acquisition, and recruitment industry. Get in touch today – our team is ready to help customize a solution specific to your company’s needs.