Recruitment Process Outsourcing providers differentiate from contingency/agency models by offering external services without taking full ownership of the process. The point of an RPO is to serve as an external service that takes partial control of the recruitment process. This idea originated from traditional models and has been altered in order to better align with company needs. Recruitment Process Outsourcing takes an organization’s process, works with them to improve their progression and delivers distinct hires through B2B relationship building.
Recruitment Process Outsourcing firms often build relationships with companies, working with them on several projects throughout several years, evolving their recruiting along the way. Working with an RPO gives companies the capabilities to examine other analytics within staffing such as employee turnover, technology, time to fill and cost per hire. These metrics can help HR teams look at the numbers and compare them before, during and after initially working with RPO’s. Good hires can be submitted time and time again, but by demonstrating results that help improve their process and indicating a stronger partnership, Recruitment Process Outsourcing becomes evidently successful.
Why choose RPO? The benefits of Recruitment Process Outsourcing speak for themselves. One benefit that appears to firms is reducing cost per hire. Costs spent on agency and vendor relations can become fairly high. By using RPO, money is saved through different cost models which effectively decrease the cost per hire. Another benefit of using an RPO is the shortened time to hire. By shortening the time between opening roles and a final hire, RPO’s will decrease any productivity lost and maximize results. Although these metrics are important and beneficial to firms, another appealing perk is an improved quality of hire. RPO models can deliver more hires for longer terms. The high-quality hires made can improve longevity of candidates as well as productivity throughout the organization. Assessments ran by the extended team can help measure candidate quality to assist with more accurate and informed hiring decisions.