It’s one thing to recognize the acronym, but it’s quite another to understand what Recruitment Process Outsourcing can mean to your company. RPO is the concept of continually outsourcing recruiting efforts, either completely or some part thereof. Now, let’s talk about how that works…
“RPO companies have the necessary technology platforms & seasoned processes to integrate with the company’s systems & procedures, thus improving efficiencies & reducing time to hire.”
How Does RPO Work?
The RPO provider can act as an extension of the hiring team of a company, expanding its reach and capability, or it can take on all the functions of hiring. In the latter case, the RPO provider acts on behalf of the company to attract, evaluate, and hire candidates into the company. Further, those hires can be full time, part-time/seasonal, or contract/temporary employees depending on the business model and needs.
In addition, RPO companies have the necessary technology platforms and seasoned processes to integrate with the company’s systems and procedures, thus improving efficiencies and reducing time to hire.
RPO differs from Business Process Outsourcing in that the company managing the recruiting locates, interviews, and hires people but is not managing their ongoing performance or output. The hiring company takes over the management of the new employee.
What Are The Benefits Of RPO?
One of the advantages of using an RPO company is to tap into their subject matter expertise – talent acquisition within a particular industry. An RPO company will be plugged into the industry they serve, staying current with the latest technology and trends as well as the human capital in the space. Their database of candidates is not only deep but often refreshed as candidates seek out their expertise in the chosen field.
Additionally, RPO utilization can match the hiring need. Ramp the team up when there are more openings to fill or cut utilization back in lean or low season times, therefore maximizing company resources and saving recruitment costs.
If you’re ready to outsource some or all of your recruiting function, Raso Solutions can help. We are experts at taking on your recruiting function to attract, hire, and onboard the right talent for your growth positions. Contact us today!