Recruitment Process Outsourcing has undergone a massive change. What began in the 70’s as an incessantly competitive labor market has expanded into a flourishing business with the turn of the century. Although the initial RPO models comprised mainly of purchasing competitor’s employees the present day RPO models however are primarily more sophisticated and have amassed considerable value. These are way different from other contingent work force providers or staffing companies as they can help manage on their own the entire or partly the recruitment functions of an organization and its different areas such as job profiling to on boarding.
RPO providers are also entitled to offering competent staff management programs with effective and top of the line staff technology, talent management practices and reporting developments. RPO also offers customized solutions to meet the specific needs of the clients that cannot be carried out with the same rule of thumb as the other areas. Thus, the RPO would also have to function as an immediate extension of the HR wing of the organization, offering them project assistance support and managing a comprehensive outsourcing solution.
The basic task of Recruitment Process Outsourcing solution is to help simplify the complex recruiting process so that the organization can direct its focus towards executing its target oriented work processes, rather than expending all its time energy and work resources only upon the hiring aspect. The highly flexible and scalable features of RPO’s make it the most desirable solution for effectively organizing and managing the fluctuations in the talent demand. This bears a great impact in consecutively reducing the cost-per-hire as well as the time taken to hire and improvise retentions.
The sole focus on an RPO in situations pertaining to Talent Demand is to provide the client with the appropriate and best candidate that the position requires, in minimal time period and in a realistic budget that the client is comfortable to bear. In addition to this, it ensures that here is a steady pool of candidates in the pipeline that can be drawn at the need of the hour. Outsourcing the complete hiring process can be a beneficial long-term solution for any business that is shelving out of proportion investments for its hiring needs.
It has been aptly described that some of the most successful and long lasting partnerships develop when the stakeholders or clients are ready to invest in the process, which will allow them to fulfill their organizational goals.