recruitment process outsourcing (rpo)
TRANSCRIPT
Recruitment Process Outsourcing (RPO)
The Winning Edge for Successful Businesses
Understanding RPO
Recruitment Process Outsourcing is a procedure where a company selects some experienced recruitment experts and professionals for the purpose of managing the internal hiring process of the organization.
Highlights of RPO:
RPO requires detail in planning and execution. It starts with the analysis of company’s staff. It involves budget planning integritiesIt is a part of a talent management program
In the year 2013, the RPO industry witnessed a whopping growth of 16% and since then, it is emerging as the biggest HRO market every year.
For the same year, the annual gross reach of RPO sector was estimated 1.8 million US $.
With a growth rate of 21% in past three years, North
America has emerged as the strongest hub for RPO sector. The RPO sector of multi-country engagement is at the boom. The manufacturing sector is the biggest contributor of RPO.
Some Facts about the RPO Industry
How RPO can help Businesses?
RPO will enhance key personnel to improve business growth
Will give access to professional hiring solutions at affordable cost
End to end recruitment planning with expertsIncrease employee qualityScale on-demand recruitmentsIncreases hiring satisfaction to improve the
overall business ambiance.
Quick Tips to follow while recruiting
Analyze the talent requirements of your organizationPlan for the budgetCreate a working timeframe for recruitmentDraft a media strategy to grow reachMarket your idea to the wide variety of audiencesKnow the modern methods of user acquisitionIdentify cost centers in the process of recruitmentWork for cost reductionTrain and integrate your staff
The Different Benefits of RPO
Outsourcing the non-core yet important function of hiring and reduces the possible burden on staff.
Ensures equal focus on different hiring positions to compliment the current staffing needs.
A significant amount of reduction in staff turnover with ‘hiring right talent’ approach.
Saves company’s vital time that is otherwise wasted on conducting interviews.
Eliminates the chances of risk in recruitment.
Elements Involved in the Process of Recruitment
Discussing recruitment plan with the manager
Understanding the structure of recruitment process
Ensuring ease of communication- both internal and external.
Identifying the key performance areas of a candidate
Setting a budgetResearching market trends and career
preferences
REMEMBER
Recruitment can be a complicated process if the details are missing. It can not only disrupt the steady flow of growth in an organization but can also challenge the financial setup. Make sure to have these three things:
A proper working planA conscience to avoid cost effective mistakes. Quick pace to ensure ease in transition.
Tips for Choosing Your RPO Firm
Check history.Meet the consultants in person for
understanding their work culture.Check their knowledge about the local
market.Look for the ability to hunt right candidate
for you.Understand the applicant tracking system. Know about all hidden costs involved in the
process RPO. See whether they are comfortable in discussing it with you or not.
Conclusion:
Plan your recruitment drive with utmost care and conviction, analyze the costs, develop a working strategy, and hire the best talent for your organization with the help of an RPO firm.
For Further Details or more information please visit us on http://www.acreaty.com/our-businesses/business-advisory.html