What is Recruitment Process Outsourcing? Benefits of Alliance RPO!
For laymen, the term “outsourcing” translates to call centers or offshore production overseas. But for successful companies, outsourcing simply means sourcing a certain type of business activities to experts in that practice area. Recruitment process outsourcing is the sourcing of talent acquisition activities to an external expert. Can your business or organization benefit from RPO? Tremendously! Here is how!
One of the key reasons behind a company’s continued success is the talent it possesses. According to Bill Gates, co-founder of Microsoft Corporation, “The key for us, number one, has always been hiring very smart people.” While Kevin J. Donaldson, a reputed entrepreneur and business coach, remarked, “Hiring the wrong people is the fastest way to undermine a sustainable business.”
Unfortunately, a lot of companies, which have been struggling with rising challenges and customer churns, continue to practice traditional hiring practices. Their recruitment is in the hands of a few people with experience of working with a few companies and limited industry exposure. Their only way to access talent is through job portals. The results are bad.
Are you too facing such scenarios?
- Immense challenges in attracting best-match talent
- Poor employer branding
- Time to hire of 2–3 months for junior positions, 3–5 months for senior positions, and much longer for top talent
- Rising attrition and employee grievances
- Frequent backfilling for the same positions
- 20%-60% increase in recruitment investments and costs
- Inability to efficiently leverage mobile and virtual recruiting processes
- Rising HR dark data with no systematic practices of drawing insights from past data
- No visibility into the finer details of spending per type of skill sets, seniority, team, demographics, etc.
- Hundreds of hours spent by many HR executives for a few placements
- If your organization is facing even a few of these challenges, not to mention almost all or all the problems, isn’t it time to restructure your talent management operations? There is no other way in which the problems will disappear.
The fastest, most efficient, and most effective way to restructure and overcome all your manpower sourcing and recruitment problems is going for recruitment process outsourcing (RPO) services.
The Facts About Recruitment Process Outsourcing
Resourceful recruitment process outsourcing companies, also called RPO recruiting companies or recruitment outsourcing companies, with proven track records in solving talent acquisition problems of companies in your industry could dramatically turn around the situation.
RPO companies offer you a dedicated team of recruiters who have access to the RPO company’s wide, extensive talent resources, talent attraction strengths, and powerful knowledge bases. Within a few months of signing an RPO contract with a capable partner, you will find a constant decrease in your costs and spending. You will definitely be benefiting from a much better workforce quality leading to better business outcomes.
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