Recruitment Processing Outsourcing: 3 Frequently Asked Questions
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RECRUITMENT PROCESSING OUTSOURCING: 3 FREQUENTLY ASKED QUESTIONS
Whether you’re pursuing improved efficiency or trying to accelerate transformation, people are at the heart of your success.
But attracting, sourcing, managing, and retaining talent is not as straightforward as it may seem. In response, many future-focused organisations are opting to outsource the recruitment of permanent staff. This approach sees companies putting their trust in a strategic workforce partner. The goal of RPO is to help organisations to build a more holistic talent function.
If you’re considering Recruitment Process Outsourcing (RPO) solutions, we’re here to explain the process. Below, our experts have answered the most common questions about RPO, including RPO recruitment meanings & jargon-busting. We also explore how outsourcing your recruiting can empower your business to succeed.
Going back to basics: What does RPO stand for?
RPO refers to Recruitment Processing Outsourcing. But what does this mean for your organisation?
Outsourcing labour-intensive processes could be the difference between achieving your vision for the future, or falling behind your competitors. Tight labour markets, evolving skill sets and growing attrition rates are creating talent shortages. And this isn’t an isolated event, recruitment challenges are happening across all locations, industries and job roles.
To achieve your goals, you need smart and cost-effective hiring processes, to ensure you are getting the right people. A Recruitment Process Outsourcing solution offers organisations access to an expert talent acquisition team, with cutting edge recruitment technology.
What does RPO include?
You can choose to outsource part, or all of, the permanent recruitment process. In doing so, your chosen specialist partners could manage the candidate experience across multiple channels.
An RPO hiring partner has the resources to oversee key stages of recruitment:
- Candidate selection and assessment
- Onboarding
- Engagement and development
- Exit interviews and offboarding
They can also refine crucial aspects of your strategy such as Employer Branding.
What are the benefits of Recruitment Process Outsourcing?
Find quality candidates from a selective talent pool: Skills and experience are important. But to build your future-ready workforce, you require innovators, advocates for change and the leaders of tomorrow. With top talent in short supply, you’ll need to think not just outside of the box, but beyond it.
A strategic RPO partner can unlock access to a ready-made talent pool brimming with quality candidates. This is an advantage that dramatically reduces time and cost per hire.
Your RPO partner will have fully optimised and diverse sourcing and selection processes already in place. One of the main benefits of RPO is that you can let your outsourced partner do the legwork for you. They will search for candidates with the skills required to support your strategic goals.
Curate a candidate offering to surpass competitors: You need talented people to help you realise your ambitions. But so do your competitors.
Relying solely on remuneration to attract candidates might not entice the people you really need to drive your business forward. This is especially true of today’s talent scarce market.
You need an acquisition strategy that will set you apart from the crowd. A leading Recruitment Process Outsourcing provider will help you to enhance the candidate sourcing experience from end-to-end. An RPO provider will make sure that you stand out as the employer of choice. They’ll analyse and optimise your branding, technology and ways of working.
Read more about the importance of EVP for the new generation of employees.
Investing in candidates today, to retain talent tomorrow: As disengagement rates soar, the investment you make in your existing employees could become your greatest return.
Research indicates that 61% of individuals already have ‘one foot out the door’. To keep valued members of your team, you need to do more to keep the top talent committed to your ambitions and purpose.
A leading Recruitment Process Outsourcing partner can combine a thorough understanding of the market with detailed real-time data. Together, you can create a successful value proposition that enriches the careers of people in your organisation.
Here at Hays, the global scale of our knowledge enables us to create transparent Salary Benchmarking guides. We can ensure that you engage with the most appropriate candidates at a competitive price.
Create a future-focused talent acquisition process: The world of work doesn’t stop evolving, so neither can you.
You’ll need to engage, onboard and nurture individuals to ensure you have a future-focused talent acquisition function. With this in place, you will be ready to tackle every challenge.
Appealing to interns, apprentices and graduates requires an elevated employer value proposition. These team members will transform your organisation. That’s why it’s important to champion your company culture and your commitment to Diversity, Equity and Inclusion. Or, at the very least, you must demonstrate a purpose that goes beyond profit.
A trusted recruitment process outsourcing provider should:
- Work with you to get the best from your brand.
- Gain a solid understanding of changing candidate skills, needs and motivators.
- Use real-time market data and emerging trends to streamline the recruitment process.
- Connect you with people that will be a perfect fit with your company culture.
Is Recruitment Process Outsourcing right for my business?
If you have big ambitions for the future of your organisation, you need a clear talent recruitment strategy. Outsourcing the recruitment of permanent talent to a dedicated workforce solutions partner can help you to excel.
Your ability to attract, engage, onboard and retain talent has a direct impact on the success of your organisation. If you can’t scale, you won’t survive.
In an era of changing circumstances and shifting priorities, you need an agile workforce planning strategy. It’s vital to choose an expert solutions partner that fully understands emerging talent pools and in-demand skills. Your partner should guide you to the right location to source the right people, at the right time for your organisation.
RPO is ideal for businesses:
- With a high number of vacancies to fill.
- Who struggle to recruit and retain relevant talent.
- Who are looking to align their people strategy with business objectives, rather than just hiring for immediate need.
If this sounds like you, you may benefit from expert support. Investing in RPO can provide cost savings compared to managing recruitment in-house. By outsourcing time-intensive processes, you’ll be best placed to secure the skills you need today.
Talk to us about your RPO hiring strategy
If you’re considering a Recruitment Process Outsourcing solution, read more about our RPO services. Enterprise Solutions at Hays can help you take the next step to boost your talent strategy.
Learn more about how RPO works in practice by reading our comprehensive RPO FAQs, or explore the benefits of RPO in more detail.
If you’re ready to dive in, get in touch with one of our experts at Enterprise Solutions today.
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