| If you are interested in reducing your cost per hire, time | | | | networking required to source all types of candidates. |
| to hire and attracting the best talent available, then | | | | COST: Your costs can be significantly reduced |
| Recruitment Process Outsourcing (RPO) is definitely | | | | because an RPO provider essentially uses |
| worth considering. | | | | “economies of scale”. They are also capable of |
| WHAT IS RPO? | | | | handling volume fluctuations in a much easier way. For |
| “Recruitment Process Outsourcing (RPO) refers to | | | | example, the RPO provider could allocate 10 recruiters |
| a company outsourcing its recruitment or staffing | | | | to your company when volumes are high and then |
| process to an external service provider”. The | | | | easily shift them to another client when volumes are |
| external provider shall provide your company with the | | | | low. If you as a company were to hire these 10 |
| necessary skills, tools and technologies to perform the | | | | recruiters, you would either be forced to pay for |
| recruiting function. Recruitment Process Outsourcing | | | | resources that are not being used or lay them off |
| (RPO) will bring in significant COST savings and | | | | which involves overhead expenses. |
| improvements in the QUALITY of recruitment. | | | | SERVICE: A Recruitment Process Outsourcing (RPO) |
| PURPOSE AND BENEFITS | | | | provider will help to streamline your company’s |
| Recruitment Process Outsourcing provides excellent | | | | recruitment function and make it seamless and |
| benefits in the areas of Quality, Cost, Service and | | | | effective. RPO providers are equipped to provide you |
| Speed. | | | | with the best people when you need them and also |
| QUALITY: Recruitment is a labor-intensive process | | | | take care of your ongoing and future needs through |
| and it is further compounded by the fact that it is | | | | greater employee retention and process control. |
| recurring. To cite an example, your company could | | | | SPEED: “Time to hire” is a very critical factor in |
| have a very high number of open positions during a | | | | the recruitment process as this directly affects |
| certain time of the year each requiring varied skill-sets | | | | business performance. A Recruitment Process |
| and experience. To hire a team that is capable of | | | | Outsourcing (RPO) provider will find it much easier to |
| sourcing and recruiting these candidates is very | | | | analyze their database and create a pool of |
| challenging. Providers of Recruitment Process | | | | candidates that is ready to be interviewed. They need |
| Outsourcing have the required processes in place, | | | | not take time to advertise for the specific job profile. |
| expertise, an extensive database of resumes and the | | | | |