All You Need to Know about Recruitment Process Outsourcing
Top organisations across several industries now see reasons to increase their partnership with recruitment process outsourcing firms, particularly in a highly contested recruitment market.
The significant rise in partnership with Recruitment Process Outsourcing organisations is due to notable successes that can move recruitment processes from pure sourcing and screening through to recruitment, retention and performance management.
If you are still unfamiliar with Recruitment Process Outsourcing (RPO), you may be wasting time and money on low-quality hires and most likely passing up a turn-key solution that can help you out-perform your competitors.
But What Exactly is Recruitment Process Outsourcing?
Recruitment process outsourcing (RPO) is a recruitment solution in which your organisation transfers most (or all) of its recruitment function to external providers who are usually specialists.
Recruitment Process Outsourcing companies integrate with your business’s internal process, embed your corporate culture and sometimes set up an Applicant Tracking System (ATS), working in partnership to set long-term goals and value long-standing relationships.
RPO companies submit only the most qualified candidates for your team and further benefits you in cost reduction and quality of hire.
When Do You Need Recruitment Process Outsourcing?
Here are a few tell-tale signs that your business is in need of RPO;
Need for your business to scale quickly
It is not often that your organisation will need to hire a lot of candidates at once. But sometimes, the decision to drastically scale specific units losing several employees at once can result in the need to hire qualified candidates quickly or risk falling short of key business goals. RPO organisations can provide on-demand services in these cases.
Need to focus on other projects
Despite the need for your organisation to quickly identify, attract and connect with top talents before the competition does, effective recruiting requires a lot of focus and time. Sometimes, your HR team may struggle to meet these needs while also balancing other important HR projects. RPO provides the opportunity for your HR team to focus on other projects and avoid making hurried hiring decisions that result in failure.
Need to Attract More Applications for Job Posts
The need for highly-qualified employees remains in vogue, but it can be difficult for your HR team to constantly create well-calibrated, up-to-date postings while simultaneously working on other projects.
RPO organisations can take that burden off you and create job postings that will successfully attract qualified candidates. They have the tools to mine resources that your HR team might not be able to access.
Need to Start out Your Organisation with the Right People
When you are just starting out your organisation, you will need a number of employees to work with you, depending on the size of the organisation. It is important that you start with the right people, as this is a delicate stage in the life of your organisation. Recruitment Process Outsourcing firms can help you take the burden off you and provide you with the best talent to help you hit the ground running.
Need to get your High-Volume Recruitment Right
Hire-volume recruitment can be stressful for organisations, especially as they also need to focus on their core business projects. That’s why it is a good idea to engage RPO providers. They will deploy RPO services, including their tools and knowledge to ensure that your high-volume roles are filled with the right candidates.
Need to Address Employee Turnover
Hurried hiring processes bring several issues with it; you may realise that certain employees are not a good fit for your organisation or the other way around, and with the resulting turnover rates, attrition costs also increase.
RPO providers expertly choose the best qualified and culturally-fit talent for you because they have time to analyse and engage each candidate, with the dedication to talent acquisition as a priority.
Identifying the key factors to decide when you need RPO is an important step in getting the needed recruitment solutions, but how can it benefit your business?
5 Benefits of Investing in an RPO
The top five (5) benefits of investing in an RPO include;
Improved Quality of Hire
RPOs are strategically positioned to identify, attract, and evaluate quality talent for any role – regardless of your industry. Similarly, it can improve their retention and performance with strong HR partnerships.
Increased Hiring Effectiveness
Strategic talent mapping and pooling can reduce the time your organisation takes to hire and develop talents and provide an innovative solution to deal with spikes in hiring demand.
Flexibility
RPO organisations allow your HR team to focus on other core businesses while working alongside them to access deep candidate networks during hiring periods.
Cost-Effective
Working with an RPO organisation can significantly reduce your average cost-per-hire, advertising fees, time to hire and attrition rates, focusing on quality hires for each role.
Enhanced Organisation Brand
A reputable employer brand helps your organisation stand out from competitors in a talent-driven market. RPOs provide an excellent solution for you to access the best-qualified talents in an efficient manner, making a powerful impact on your organisation’s brand.
How Does Recruitment Process Outsourcing Work?
In making a decision to outsource some or all of your recruitment process to an RPO organisation, your talent acquisition and HR team collaborate closely with the external RPO provider to understand your long-term goals, talent acquisition strategy and hiring challenges.
The RPO organisation then creates a customised solution to meet your specific needs while they put focus on continuous consultations, which is what distinguishes it from a standard staffing agency.
In summary, here’s how it works:
- Organisational planning and strategy
- Sourcing
- Screening for the best role and organisation-culture fit
- Recruiting and Offer Management
- Analysis Reporting
So how do you get started?
At Workforce Group, we thrive on delivering high impact solutions to recruiting needs by creating customised solutions to meet the specific needs of your organisation. We can help you control and manage your total recruiting cost and provide unique candidate experience and talent advisory capabilities to support the entire workforce spectrum, allowing you to focus on your core business.
Ready to get started?
Reach out to us here; hello@workforcegroup.com.
Akindele Afolabi
Director, Workforce Resourcing