The word outsourcing can be easily misinterpreted with off
shoring.. It is always advisable to shift clients account to an
overseas location after the completion of a certain number of
recruiting cycles. If it is initiated in the best manner then it can
save time and can improve productivity many folds, but at the same
time a goof up might lead to a disaster culminating even into the loss
of business.
Sunil Goel, GLOBALHUNT says "Recruitment Process Outsourcing is
when a provider acts as a company's internal recruitment function for
a portion or all of its jobs. RPO providers manage the entire
recruiting/hiring process from job profiling through the on-boarding
of the new hire, including staff, technology, method and reporting”.
A clear demarcation between RPO and other types of staffing is
Process. In RPO the service provider is the fulcrum of the process,
while in other types of staffing the same is part of a process
controlled by the organization buying their
services.
Based on GlobalHunt’s experience towards
RPO as a practice, there are a number of advantages of
RPO.
Advantage RPO:
1.Top
notch Talent Pool
Competition for the most
talented individuals is increasing. Organizations need to secure the
best people quickly and efficiently to help them build competitive
capability
2.Cost reduction and removal
of workload from the HR Administration
RPO
providers take on the burden of operational recruitment activities,
allowing organizations to focus on core value-creating and strategic
activities. By transforming processes, utilizing best practice, and
replacing a fixed cost base with a variable charging structure, RPO
can significantly reduce the cost of recruitment. In
regular staffing, you invest in salary, incentives, overheads,
infrastructure cost and more. By outsourcing recruiting functions to
Recruiting Junction, all you need to pay is a fixed monthly retainer
fees (which is lesser than the salary of one in-house recruiter) along
with a negligible commission. You can reduce up to 50% of your cost by
offshore
outsourcing.
3.Better
Productivity and Quality
There are many stakeholders in a recruitment process; through
improving processes and evaluating the right metrics and KPIs, RPO
providers can provide highest quality services. By outsourcing your
recruitment
process to Recruiting Junction you get dedicated
recruiters for each client, while in regular staffing, one recruiter
handles many clients. In regular staffing the focus is lost, as
recruiters serve bigger clients better. Our recruiter can provide
undivided attention to your all your clients – big or small.
4.Reduce operational
risks
Risks come in many forms, and the expert
knowledge of an RPO specialist can help organizations reduce the risks
associated with an inability to scale their business operationally to
meet changing demand, and the risks of non-compliance to legislative
and regulatory change .
GlobalHunt’s Service
Overview:
A total RPO process with its four
pillars
Sunil Goel, GLOBALHUNT says “A properly
managed RPO will improve a company's time to hire, increase the
quality of the candidate pool, provide verifiable metrics, reduce cost
and improve governmental compliance”.
Recruitment Process Outsourcing (RPO) is not new. How you should approach it is! Companies have been outsourcing segments of their recruiting process for years. It is second nature to outsource your background checking and drug testing. Your recruitment process has many tasks or otherwise transactional based activities that can be completed outside the organization, increasing efficiencies through economies of scale.
Email Us at corporate@globalhunt.in
