Having the right personnel is key for any company to achieve maximum efficiency and productivity. It is important to select the candidates most suited to the firm’s objectives and goals. Read further to discover how Recruitment Process Outsourcing can transform your hiring process, increase productivity, and optimize customer satisfaction.
WHAT IS RECRUITMENT PROCESS OUTSOURCING?
Recruitment Process Outsourcing is the outsourcing of all or some of your hiring activities. This involves a contractual relationship with an external provider who will handle the management of your recruitment on your behalf. The Planet Group offers bespoke RPO programs which are entirely customizable depending on your organizational setup and needs. We focus on defining processes and offering unrivaled industry insights to ensure superior access to high-quality talent whilst reducing cost-per-hire, time-to-hire, and therefore improving your return on investment.
It is indisputable that having a more regulated and well-governed recruitment process will dramatically increase overall productivity, and it will also improve the perception of your company’s business strategies from prospective employees. To improve internal employee selection processes, many organizations now routinely outsource the recruitment of persons with the required skill-sets to expert recruiters. Outsourcing the employee selection process has been shown to streamline the company’s current recruitment systems, as well as to expedite access to talent. Known as recruitment process outsourcing (RPO), this greatly improves the infrastructure of staffing and enhances overall output in terms of services rendered while optimizing customer satisfaction.
BENEFITS OF RECRUITMENT PROCESS OUTSOURCING
Recruitment outsourcing services as an industry evolved from traditional methods of hiring and a need to ensure access to talent in a sustainable and well-governed manner. This type of recruitment assistance has a number of advantages over regular hiring techniques as it incorporates the use of available talent databases and innovations to select the most suitable candidates based on the varying preferences and needs of employers.
1. IMPROVES SCALABILITY AND FLEXIBILITY OF RECRUITMENT
The hiring needs of most companies vary throughout the year, depending on set targets and goals. In these instances, it can be challenging to determine with certainty the level of staff required for optimal workplace productivity. This is something a good RPO firm will anticipate and handle with ease.
By evaluating the unique requirements of various employers, recruitment will be done on a project or on-demand basis which ensures that at every point in time, the right number of the most skilled persons are hired to fill workforce positions.
2. MAKES HIRING PROCESSES FASTER AND MORE EFFICIENT
To be successful in the long-term, organizations must quickly adapt to the ever-changing business terrain. Whenever there are delays in hiring skilled and innovative persons needed to drive objectives, surpassing or at least keeping up with competing firms becomes a very serious challenge. A 2015 Deloitte study reveals it takes an average of 94 days to hire scientists, engineers, and researchers.
Outsourcing the process to an independent RPO provider will solve this problem by providing the best quality, job-specific hiring options within the shortest possible time frame.
3. PROVIDES ACCESS TO AN EXCLUSIVE TALENT POOL
A major issue plaguing the global job market today is a scarcity of suitably qualified candidates required to fill vital company positions. Attempting to source for the much-needed talent to fulfill organizational aims and objectives can become a nightmarish scenario without the help of an RPO provider. Finding your way through the sea of recruitment companies promising to deliver on a ‘no win no fee’ basis can be a thankless task, and implementing an RPO solution can enable a controlled approach with a high-quality partnership service guaranteed.
Most well-established RPO service providers have a detailed, extensive database of hard to find personnel needed to fill crucial job positions. When coupled with their exclusive access to these highly coveted talents, the proven expertise of RPO providers will enable client companies to secure the services of in-demand candidates more easily.
4. RPO ANALYTICS FOR STRENGTHENING BUSINESS MODELS
Due to the extensive talent databases RPO firms possess, they can analyze and predict future trends which affect their client companies. With this information, they can appropriately advise employers, pre-empt potential talent requirements, and properly balance the demand and supply of vital personnel to fill essential roles.
Overall, RPO providers will stimulate the progressive growth of the organizations they work with, by utilizing an effective and dynamic recruitment assistance system which is based on thoroughly analyzed data.
5. BOOSTS EMPLOYER BRANDING
High-value candidate employees are continually being sought after by firms from around the world. As a result, the importance of projecting a company’s image in the right way is something that cannot be overly emphasized. If the organization’s in-house human resources team doesn’t present a definite position on the company’s employee value and reward system, securing top quality staff may be extremely difficult.
RPO providers will thoroughly research a company’s brand, compare it to its competition, and create a robust recruitment dialogue that highlights the reasons why the talents should choose to work with that particular company. Acting as a true extension of your existing Talent Acquisition or Human Resources departments, a good RPO provider will be a positive ambassador of your brand and communicate the right message to the market.
6. ENSURE COMPLIANCE WITH LOCAL HIRING REGULATIONS/RISK LIMITATION
Local recruitment laws and regulations vary between countries and regions of the world. To avoid contravening laid down rules governing hiring, employers must be conversant with them. This is usually a significant challenge faced by the human resource departments of numerous organizations, as employment rules are continually evolving. A poorly structured recruitment process will not only expose the company in question to liability but also diminish its chances of attracting top-quality employees.
Securing professional talent sourcing services will help in this regard by preventing the employers they work with from engaging in non-compliant recruitment practices. As a standard, RPO service providers are extensively knowledgeable in international and domestic labor laws, a guarantee their clients face a minimal-risk hiring process.
7. LESSENS THE BURDEN ON HUMAN RESOURCE DEPARTMENTS
Employing a professional recruitment service provider will ease the strain on the human resources department and significantly improve its efficiency and productivity. When all aspects of recruiting are channeled through an RPO firm, HR will be free to entirely focus on tackling internal issues arising within the organization.
8. PROVIDES A ROBUST RECRUITMENT SERVICE
The experience of RPO providers, in addition to their exclusive access to globally sourced talent, means they are uniquely positioned to provide a complete recruitment service to the clients they serve. From the selection process for target candidates to the testing phase and eventual hiring, these recruitment outsourcing services will pay attention to details to deliver the best possible candidates.
LEVERAGING THE LATEST RECRUITMENT TECHNIQUES
For organizations wishing to stay relevant while competing in the fast-paced world of global business, they must keep up with the latest advances in recruiting the best-qualified candidates. The development and use of the newest recruitment technologies are a significant priority for RPO providers. They always upgrade their service delivery platforms, from communication methods to skill assessment processes.
CHOOSE THE RIGHT HIRING PARTNER
Before taking on a hiring partner, potential employers should meet and interview the RPO team to ensure they are suitably knowledgeable about the kind of talent they are hoping to hire. Additionally, reputation checks aimed at reviewing the transparency of an RPO’s recruitment process are also highly recommended.
At The Planet Group, we are strategically positioned to provide you with the best talent through our recruiting services, ensuring our clients are fully equipped to achieve their goals.