Unfolding RPO!
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Author: Natasha Bantwal Most people make the common mistake of misinterpreting the word âoffshoringâ to mean the same as âoutsourcingâ. The best move is always to shift your clients account to a safe overseas location after you have completed an âxâ amount of recruiting cycles. If carried out in a good way, it can save time as well as improve productivity, many times over. But, on the other hand, a mistake can lead to disaster and eventually to the loss of business.
Recruitment Process Outsourcing is when any provider fulfills a companyâs internal recruitment functions for all of its jobs or a portion of them. Recruitment Process Outsourcing providers help by managing the whole recruiting and hiring process right from job profiling to the on-boarding of the new recruits, as well as reporting, staff, technology and method.
There is a distinct difference between the process carried out in RPO and the process carried out in other types of staffing. In Recruitment Process Outsourcing, the service provider is the kingpin of the process, while in most other staffing types; the service provider is just a part of a process that is controlled by the organization which buys their services.
Here are some of the advantages of Recruitment Process Outsourcing:
⢠Access to the best talent pool â" What with the ever increasing competition in the search for the most talented candidates, it has become increasingly important for organizations to find and recruit the best people in a quick and efficient manner so as to build competitive capability.
⢠Cost Reduction and Reduction of Workload from HR Department â" RPO providers will take on the entire burden of the recruitment activities, giving the organization more time to focus on its core activities. By utilizing best practices and transforming processes, the RPO provider can reduce costs dramatically. Whereas in staffing, you would have to invest in overheads, salaries, infrastructural cost, etc. By outsourcing your recruiting functions to RPO providers, you can reduce up to 50% of your total costs just by offshore outsourcing!
⢠Better Quality, more productivity â" In any recruitment process, there are many stakeholders. Through evaluating the right metrics and through improving processes, RPO providers provide some of the best quality services. By recruiting your operational recruitment services, you will be provided with dedicated recruiters for each of your clients, thus providing undivided attention to each of your clients.
⢠Reducing operational risks â" Risks come in all shapes and forms, and the innate knowledge of an RPO expert can help your organization reduce these risks in order to meet changing demands.
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