Recruitment of an occasional nature is very sympathetic to outsourcing and part of the procedures have traditionally been outsourced to recruitment firms. It’s just that it could go so much further and provide added benefits. For no upfront cost you will be provided with the necessary skills, tools and technologies to perform the recruiting function. Recruitment Process Outsourcing (RPO) will bring in significant COST savings and improvements in the QUALITY of recruitment.
What are the Major reasons clients have chosen RPO?
- Create operational efficiency via addressing more effectively the shortage in skills and expertise within the organization
- Achieve cost benefits by outsourcing non core functions.
- Focus organizational resources on core functions
- Reduce management and overhead cost
The RPO mindset
RPO is a mindset and companies planning to adopt RPO as one of their strategic initiatives, should be ready for an uphill challenge right from having top management’s buy in and setting the right expectations internally.
1. Support of top management
Outsourcing the recruitment process will have an organization wide impact hence buy-in of top management is an absolute must. Unless the top management has full faith and is driven at a strategic level then RPO will not yield the desired results.
2. Expectation setting
RPO will bring in a lot of changes in the way the organization functions and hence you must set the right expectation amongst all stakeholders, including your employees. You have to be very clear on what is expected of the whole RPO activity.
3. Identify Functions to outsource
It’s important to identify the right activities to outsource. I would suggest start with absolute non -core activities like sourcing, Training & Development, Compensation Management, Performance Management System and Exit Interview.
4. Measuring
It is important to measure the effectiveness of RPO. Don’t start immediately talking about ROI and set metrics to measure substantial cost saving and operational efficiency. I would suggest look at smaller and more direct parameters like Time to hire ratio, source to submission ratio, submission to interview ratio and interview to offer ratio. However you need to compile these statistics for a period before RPO.
BENEFITS
1. Quality
Recruitment is a labor-intensive and recurring process. Companies require people with different skill sets for different positions. Sourcing and recruiting is a challenging job. Recruitment process outsourcing improves the quality of recruitment. To cite an example, your company could have a very high number of open positions during a certain time of the year with each requiring varied skill-sets and experience. To hire a team that is capable of sourcing and recruiting these candidates is very challenging. The outsourcing firms have the required expertise, extensive database of resumes and networking with recruitment firms, talent agencies and other sources of candidates.
2. Cost
Your costs can be significantly reduced because an RPO provider essentially uses “economies of scale”. They are also capable of handling volume fluctuations in a much easier way. For example, the RPO provider could allocate 10 recruiters to your company when volumes are high and then easily shift them to another client when volumes are low. If you as a company could hire these 10 recruiters, which is problematic, you would either be forced to pay for resources that are not being used or lay them off at substantial expense. Your advertising costs are also reduced as more extensive database searches are available.
A Recruitment Process Outsourcing (RPO) provider manages operational recruitment activities in an organized and strategic manner that reduces administrative burden. To top it all, all the back-up time spent by our support team is entirely non-billable. Timely, affordable and qualified recruitment specialists working dedicatedly for your company enable you to build competitive capability faster and more effectively.
4. Increased flexibility & control
RPO services allow you to free up human and capital resources that can be better spent on core competencies. Our services provide you with flexibility, control, and visibility over your entire recruiting function by removing your dependence on third party staffing agencies, who are often unreliable, unpredictable, and expensive.
5. Output-oriented practices
Relying on our years of accumulated experience, Recruitment Process Outsourcing (RPO) providers have developed the best practices for all research and recruitment oriented tasks, including internet research and database management. Recruitment Process Outsourcing (RPO) providers follow a set of productivity benchmarks for all tasks to encourage a successful end to the process.
6. Reliability
Once you outsource your recruitment needs to a Professional RPO, you immediately gain access to quality RPO services delivered by qualified recruitment specialists that guarantee high reliability. Hence, your work does not face hurdles and the necessary processes run smoothly without any delay. Processes are constantly monitored and measured to ensure delivery of higher quality services.
Resource: http://business44.com
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