At the same time, the sultering economy is causing independent agents to tighten their belts, meaning less money for payroll and potentially fewer hires. Agencies that are looking for new hires will be more discerning than ever before. Companies are now resorting to options like Contractual or Project based Hiring, Outplacement, and Reallocation of Work etc.

HR Outsourcing services is an age old concept, earlier and even today most companies outsource their manpower sourcing to recruitment agencies and staffing & manpower consultants. Gradually the move has diversified from sourcing non-core processes like payroll processing, fit gap analysis, reference checks and to a certain extent on-boarding. HRO majorly deals with outsourcing full or part (non-core) processes to a specialist vendor. RPO is an integral part of HRO where the recruitment process of the organization is either fully or partially outsourced.

In current market scenario Recruitment process outsourcing is catching the attention of all on as large companies strive to improve their bottom lines and at the same time maintaining the quality.
Benefits of RPO:

 Map existing processes – identifying the process blockages and make recommendations for improvement
 Reducing cost per hire
 Increasing the dimensions of Sourcing.
 Employer branding

There is no single solution to recession-proofing the recruitment process though. Ultimately, the question is how to recruit better people more cheaply. As firms are trying to develop and leverage their own brands online, still there is a place for recruitment agencies, press ads and job boards. The future of recruitment industry therefore will be decided by those agencies that are willing to evolve and adapt to the changing demands of the industry. Moreover, recession will result in the number of jobs being drastically reduced and thereby all agencies are being forced to fight for the few jobs that are available with the clients. The survival of the firms highly depends on how to get those few available jobs from the client and filling them.