Recruitment process outsourcing is the fastest-growing method of recruitment in the US. As a scalable solution, outsourcing the recruitment process has become the norm for many businesses.
“The global recruitment process outsourcing market size was valued at USD 5.48 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 18.5% from 2020 to 2027.” (GrandViewResearch.com)
Let’s take a look at why RPO is so popular.
RPO came about as a business discipline in 2004. Since then, the United States has gone through a recession, Covid, and the Great Resignation. RPO has given many businesses the opportunity to flex hiring or scale back to meet industry needs.
By hiring an RPO firm like Raso360, you inherit the expertise in interviewing, vetting, and onboarding candidates. You also get access to their outreach process, which is continually expanding. RPO firms concentrate 100% of their energy on growing their database of qualified candidates so that you don’t have to! By outsourcing your talent acquisition strategy, you can ramp up hiring times exponentially.
Raso360 is focused on technology. Our technology recruiters understand the industry, the qualifications needed, and the language used in technology. Most HR departments do not have the bandwidth to build that level of expertise.
“Working with an RPO partner significantly decreases the average cost-per-hire, often by more than 50 percent.*” Cost savings make RPO so popular! The time-to-hire is shorter, the turnover is less, the value for money on each employee is higher, and the ability to scale as needed will help protect your business for the long run.
If you’re ready to get a quote for our RPO services, please complete our easy quote form: https://raso360.com/get-a-quote/.
*Source: Hudson RPO