Recruitment process outsourcing, RPO, is now referred to by many organizations. It is a process that involves the services of a third party to help your business recruit and hire new employees. RPO providers take the time to understand your company’s values and culture, as well as your hiring goals so they can source the best candidates for the positions you have. It’s a process that comes with a list of benefits for organizations and these top five benefits might make you consider hiring a trusted service provider to help you when you need it most.
1. You get stronger, higher-quality hires
The RPO provider specializes in what they do, and therefore allocates enough time, resources, and energy to find and evaluate candidates, as well as introduce you to the best ones to add value to your company. Some use referral activation and diversity recruiting as features in the process so you can find the best at the end of the day. With so much going on at your company, you may not always have time to do the thorough job of recruiting like service providers do.
2. Reduce your costs
It may seem ironic because you’re paying the service provider to help you source the best candidates in the first place, but you can actually gain more value when you use recruiting experts. Because they know the right places to look for competent recruits, they can scale up or down the recruiting activity to meet your recruiting needs. Remember that vacant positions in the company cost you every day and RPO providers will help you fill those vacancies in a very short time thus saving you cost. It can also be costly to select the wrong unqualified candidates every time you don’t go through the hiring process thoroughly.
3. You get a scalable model
This is very important, especially in situations where you are opening new departments or expanding. Service providers have structures that are easy to adapt to your situation and the best thing is that at the end of the day you only pay for the services they provide you. Most providers will only charge you for the openings that are successfully filled and nothing more. Their models are flexible enough to adapt to your situation and needs.
4. Enjoy proper reporting and analytics
When you choose recruitment process outsourcing, you get tracking of the entire process and get detailed reports and information that can help you make decisions quickly. It is something that can also be beneficial for future audits of the activity.
5. You comply with the regulations
This is because the providers are experts when it comes to employment laws and regulations, and therefore you can be sure that they will implement methods and processes that are fully auditable and compliant when delivering the services you require.