Blog 10 facts about RPO

10 Benefits of Recruitment Process Outsourcing

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By Jim Nichiporuk

President

Learn how this flexible recruitment solution can bring value to your business

Recruitment Process Outsourcing (RPO) has become one of the fastest-growing recruiting solutions in recent years, and has been used by both Fortune 500 and mid-size companies needing immediate hiring support. Aside from hiring qualified candidates, a successful RPO program leads to cost-savings, better recruiting practices, and more data-informed hiring decisions. In this article, we break down 10 of the largest RPO benefits to help you determine if this recruitment strategy is right for your business. 

 

Benefit #1: RPO is fully scalable

Whether you’re looking to outsource initial candidate sourcing efforts, or hand over your entire recruiting process to an outside partner, RPO enables you to maintain as much control over the recruitment process as you see fit. And with the different types of RPO programs available (on-demand, project-based, and enterprise), organizations have the flexibility to choose the right RPO solution to align with their hiring needs and business goals. 

 

Benefit #2: RPO providers are an extension of your in-house recruiting team

If your organization has an established talent acquisition (TA) team, you may not think that engaging with an RPO partner is necessary. However, a successful RPO program is designed to work in parallel with your recruiters – not replace them. RPO recruiters are typically so integrated with your team that they are commonly provided with an email address associated with your organization. That way, candidates feel confident that they’re communicating with a member of your TA team throughout the hiring process. By providing an exceptional, seamless candidate experience alongside your recruiters, an RPO partner will improve your organization’s hiring reputation. 

 

Benefit #3: Access to sourcing software & recruiting tools

Recruitment process outsourcing partners often have access to sophisticated sourcing software and innovative recruiting tools, enabling you to reach and connect with a more expansive candidate audience. This, in turn, will enhance the quality of your candidates without having to pay a premium for recruiting platforms.

 

Benefit #4: RPO partners can support your fluctuations in labor demand

If you are faced with a sudden need for additional workers, your RPO recruiters can help to fill those roles. But if there are seasons or certain times of the year when your talent needs are low, you can pare down your RPO support as needed. For example, retailers typically have increased labor needs during the holidays, but don’t need as much support the rest of the year allowing them to scale back their RPO programs.

 

Benefit #5: RPO providers can help enhance your employer brand

With extensive recruiting experience, RPO recruiters understand the types of opportunities in the job market that appeal to candidates. They can help you revise your job postings, improve the overall candidate experience, and maximize your recruitment results. 

 

Benefit #6: Pricing models tailored to your budget 

Recruitment process outsourcing can be deployed in a variety of different pricing models to fit your needs. Whether you’re seeking a model based on an open and close requisition fulfillment fee or one based on time and materials, your RPO provider can uniquely tailor a solution to fit within your budget. 

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Benefit #7: Improved candidate selection 

RPO partners can improve candidate selection efforts by conducting behavioral assessments or skill-based tests. Data generated from these tests will enable your team to make more informed—and ultimately, more productive—hiring decisions.

 

Benefit #8: RPO recruiters are familiar with your location and talent market

RPO recruiters familiarize themselves with local geographies and talent markets that your organization is trying to recruit from. A well-designed RPO program will feature recruiters that immerse themselves in both active and passive candidate pools to discover the labor that your organization needs. By accessing an organization’s own candidate pool—former workers, retirees, and silver medalist applicants from its applicant tracking software (ATS)—direct sourcing can be leveraged to place direct hire employees within a company.

 

Benefit #9: Reduced overhead costs 

Recruitment process outsourcing has proven to be an effective solution when supporting increasing talent acquisition needs while reducing overhead costs. It should come as no surprise that RPO has witnessed incredible growth in recent years. By 2028, studies estimate that the global RPO market will reach $25.4 billion in revenue—a game-changer in the recruitment industry.

 

Benefit #10: Reduced cost-per-hire and time-to-hire

Since the recruitment process outsourcing model was designed to absorb the majority of internal and external recruiting costs, it offers significant cost savings for organizations. RPO programs can reduce cost-per-hire by more than 20% while cutting time-to-hire by up to 55% according to the Recruitment Process Outsourcing Association. If your organization is looking for an efficient and cost-effective recruitment solution, look no further than recruitment process outsourcing. 

 

There are significant benefits to working with a proven recruitment process provider and deploying your own RPO program. Not only can the right RPO solution optimize your recruiting process, but it can help to reduce costs and enhance your overall business strategy. Outsourcing your talent needs to a proven RPO partner can assist you in focusing on what you do best—building your business. If you’re ready to take the next step, learn more about Acara’s flexible RPO programs or take the RPO assessment to find a solution tailored to your organization’s labor needs.

 

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