The growing scarcity of talent around the world and its potential effect on global productivity continues to be a problem for various businesses, governments and private individuals. Thanks to recruitment process outsourcing (RPO), companies can now trim down the resources they need to devote to hiring so that more time and effort can be concentrated on core competencies.
What is RPO?
RPO is a type of business process outsourcing wherein a company either big or small turns over all or a fraction of its recruitment functions to a service provider. Based on the statement released by the RPO Association, recruitment process outsourcing takes place when an external provider operates as the companys internal hiring department for all or a portion of its job openings.
RPO service providers deal with all of the recruitment steps from the profiling to the reception of newly hired employees. A well-managed RPO will also increase the companys recruitment time, improve the quality of the applicant pool, make demonstrable metrics available, drive down overheads and enhance legislative compliance.
Alternatively, intermittent recruitment support such as...