Recruitment Process Outsourcing (RPO) is a strategic business move to transfer part of your recruitment to an external provider. Your RPO provider will act as an extension of your own HR business function. Especially if you are looking for qualified staff with specialized skills, going for RPO is a smart move. A professional RPO provider, such as Prosperio.io, can help you with your recruitment needs across industries and countries.
Let’s have a look at the various benefits that RPO offers:
Wider candidate and talent pool
Candidates provided by your RPO provider are a useful addition to your own talent bank. Even if a candidate might not fulfill a position now, he or she might become a valuable employee in the near future. RPO candidates might also have additional skills that might fit other vacancies in your company. Taking on a candidate on a part-time or temporary basis enables you to have them onboard once the position evolved into a permanent and/or full-time position.
Cost savings
Outsourcing your recruitment efforts has major cost benefits. Apart from having a far more cost-effective recruitment process in place, you will be able to scale your workforce to your needs. Hiring a sales or business development manager who does not fit in your company or does not meet your expectations is a costly mistake. Outsourcing it to a specialized company, will reduce such a risk to the minimum. Finding, interviewing, and vetting candidates, as well as the first negotiations, will save time and money.
Streamlining HR
An RPO company provides end-to-end management of the recruitment process. This process is fully transparent since detailed and relevant information regarding the recruitment process is provided. The hiring timeline is shorter than that of a classic HR department. Furthermore, inconsistent referencing and checking due to HR staff turnover is also eliminated. RPO is also ideal for buffering fluctuations in your HR department, allowing you to scale during ‘peaks’ and ‘troughs’ recruitment activities.
Focus on Core Business
Unless you are a recruiting company, your core business does not entail staffing or HR activities. Once you outsource your recruiting process to an RPO provider, you can concentrate on your core business activities without distractions. An overwhelmed HR department can have a ripple effect, unable to support payroll, compliance, and employee programs.
So how does RPO work in practice?
- It all starts by understanding the role and building the job description by the RPO provider based on input from your own organization.
- The RPO provider then starts to source and preselect qualified candidates.
- A shortlist of potential hires is decided on.
- These shortlisted candidates are interviewed and assessed to see if there is a match.
- The references of the preferred candidate are checked.
- A job offer is discussed with the candidate, which includes salary, secondary and employment benefits.
- Once successful, the contract will be signed between the company and the new employee.
- The new employee will receive additional training if necessary.
Interested in finding out if RPO would work for you too? Contact us at info@prosperio.io to discuss your recruitment needs.
