Recruitment Process Outsourcing (RPO) is a form of business process outsourcing where an employer delegates all (or part) of their recruitment process to a trusted partner.
The role of an RPO partner is to recruit under your company's brand and find employees who fit your specific roles and internal company culture. 59% of businesses use outsourcing to reduce costs, 65% of businesses that outsource say they will increase their outsourcing efforts in the future, and 78% of businesses surveyed feel positive about their outsourcing relationships with other companies.
SO WHAT ARE THE BENEFITS OF USING OUTSOURCED RECRUITMENT VERSUS THE BENEFITS OF IN-HOUSE RECRUITMENT?
1. ACCESS TO THE LATEST TECHNOLOGY
In the age of digital recruitment, recruiters and talent acquisition professionals need not only to be informed but also to stay ahead of the rapidly changing technological advancements in recruitment. Organizations will focus entirely on recruitment across multiple industries. RPO is aware of the various recruitment technologies available and often acts as a consultant to its partners in selecting the right technology combination to create the most effective recruitment technology for their business.
2. PROVEN AND BEST PRACTICED PROCESS
The sole focus of an outsourced HR partner is recruitment. Therefore, your business benefits from a deep understanding of the recruitment landscape and the ability to facilitate exceptional candidates. As RPO providers work with clients across all industries, they understand best practices to deliver optimal results. Recruitment agencies have used the metrics and data from their partnerships to further improve their recruitment processes.
3. DIGITAL RECRUITMENT MARKETING EXPERTISE
Digital branding is now more important than ever for candidate perception. Furthermore, a suitable digital recruitment marketing strategy will strengthen the company's brand and generate more high-quality candidates. 75% of candidates research a company's reputation and brand before applying. Companies without a good reputation or strong brand will struggle to attract new skilled professionals, as well as retain their most talented employees. Expertise in digital recruitment marketing will help businesses build strong employee value propositions, optimize career websites, and design job application processes that are tailored to candidates. Here are some solutions to encourage more applicants:
+ Improve the application process and revise job postings to optimize SEO, significantly boosting the number of applicants.
+ Develop applicant personalities to effectively find quality candidates who fit the company culture.
+ Evaluate EVP and messaging across all digital channels.
+ Integrate candidate aggregators with our partner's ATS to effectively attract candidates.
4. COST SAVINGS
Many companies spend a lot of money on headhunters and recruitment boards, or waste a lot of money through high turnover rates... An RPO provider can reduce recruitment costs by streamlining your recruitment process and showing you how to find better candidates with less time and money.
5. A 100% DEDICATED TEAM FOR YOUR PARTNER'S RECRUITMENT
The outsourced recruitment process differs in that it focuses on increasing the number of applicants versus providing quality candidates to your recruitment manager. In addition to being 100% dedicated to your business, your RPO partner has a strong team to act as a backup for your key recruiters, ensuring you never lack support when needed.
6. EXPERIENCE IN RECRUITMENT MANAGEMENT
This is one of the most important fundamental ideals of outsourced recruitment. When partnering, recruitment managers now have more support, and candidates receive more communication throughout the recruitment process. The recruitment process can be lengthy and exhausting, and for a candidate, it can be particularly challenging. How your company treats all applicants, including those ultimately not hired, can have a direct impact on the quality of your current and future talent pool, as word-of-mouth spreads and your employer brand suffers. RPO partners are acutely aware of this and work to ensure that all applicants have positive experiences that leave them with a good impression of your company – even if they don't get the position.
Source: huemanpro.com