What is RPO? It sounds like a cousin of KPO/BPO and that’s right. It is a part of the outsourcing group and it is about outsourcing the recruitment process.
What is RPO?
RPO (Recruitment Process Outsourcing) is a part of the Human Resource Operations and includes the outsourcing of the end-end recruitment process. Starting from screening the profiles to on boarding the resource to the company, all this activities are performed. Many HR Consulting & HR recruitment companies offer these services and not to forget the outsourcing services companies.
Benefits of Outsourcing to a RPO vendor
Low & Controlled Cost
RPO reduces the cost and the company need not have a dedicated recruitment team on your company payroll. You can have reduce the number of payroll employees and outsource the work.
Customized Service
As the RPO service providers are experts in this field, they will provide you customized services as per your requirement. This is not possible if you are managing a recruitment team.
Scalability
As the RPO service provider has expertise and prior experience, they will be able to scale up based on your requirement without much delay
Good to know about RPO, are there companies outsourcing recruitment.
Which are the companies offering RPO ( Recruitment Process Outsourcing)?
They are many companies which outsource recruitment process. .. example Microsoft,HSBC,GVK Infra ,Pfizer,etc …however this is mainly done to junior and mid level recruitment/hiring …you can reduce the recruitment team size and turnover time to bare minimum.
companies offering RPO services are Randstad, AON Hewitt,Kelly services,Meritrac, adecco etc…the list is endless as there is growth rate of 35 % annually.