Looking to hire faster and more accurately but you don’t even know where to begin? Well, that can only be one of two things: You’ve probably not heard about RPO, or you’ve heard about it, but you’ve always been sceptical. If you’re not using RPO, you’re more than likely depending on your in-house recruitment team or traditional hiring agencies, and that explains your frustration.
While internal HR departments are indispensable, they almost always lack the technology, talent pool, and expertise required to hire effectively. On the other hand, recruitment agencies may have the tools and skills but their services can be quite costly and limited. That’s why RPO is the perfect solution.
A Quick Dive Into RPO
To understand how you can use RPO to transform your hiring process, you need to know what it’s all about first. In simple terms, RPO (Recruitment Process Outsourcing) is a form of business process outsourcing (BPO) that involves assigning your recruitment process to an external provider either partly or wholly. At this point, you’re probably wondering whether it’s a good idea to trust a third party with your talent acquisition process. Well, what you need to understand is that RPO goes beyond being an external workforce solution.
When you team up with a reliable RPO recruitment provider like Kinetix, you establish a robust and long-lasting relationship built on mutual trust and shared goals. Since the recruiters will work as part of your organisation, everything they do going forward will be in the best interests of your company. Also, they will assume full responsibility and management of the processes that you have contracted them for.
How Does RPO Work?
Recruitment process outsourcing is designed with one goal in mind: to align and integrate seamlessly with your business through a set of clearly defined processes and in-depth recruitment expertise. For that to happen, your RPO provider will have to start by understanding the ins and outs of your business operations and company culture.
With sufficient information on how you run your business, they can tweak their service provision and build upon existing strategies and processes. The common objectives that guide an RPO partner’s actions throughout the recruitment process are minimising the time-to-fill, optimising the cost efficiency of talent acquisition, and lowering the turnover rates of your organisation.
RPO experts also consider a business’s leadership pain points as far as hiring goes and suggest the most appropriate solutions depending on the situation and other factors such as the company’s vision and mission. With a complete guide stipulating the steps an RPO provider must follow to success, they can now proceed to offer their services in one or all of the following talent acquisition categories:
- Candidate Sourcing – An RPO provider will easily extend your talent pool with passive or active candidates, depending on what your goals are.
- Candidate Screening – Given the importance of evaluating each candidate’s skills and culture fit, an RPO provider will engage a team of experts and tools to make this process as efficient and precise as it can be.
- Reporting – If you’re looking for ways to keep improving your hiring efforts, RPO experts will provide the recruiting metrics and actionable insights you need for the process.
- Workforce Planning – Since your recruitment model may change over time as your company grows, you can rely on RPO providers for services that help you create strategic plans and predict your hiring needs for the future.
Why Does RPO Work for Businesses?
Recruitment process outsourcing has become the go-to solution for businesses that are looking for an alternative to traditional recruiting services mainly because it has a lot to offer. Here are some of the reasons it’s been working exceptionally:
1. It’s Flexible and Scalable
One of the top reasons most businesses are switching to RPO is that it provides only the services you need at a particular time. It’s highly scalable since you can use it to hire a larger number of workers during busy periods such as the holiday season. Feel like your hiring needs are slowing down? No problem because RPO is flexible, thus you can lower your hiring costs to meet those needs.
2. The Cost Efficiency Factor
RPO enables companies to save money because they are only required to pay for the services they use. This can mean paying for the tasks that you contracted the RPO provider for in the hiring process or paying by the hour rather than paying for each filled position or paying a percentage of the new hire’s salary.
Additionally, companies can save money by not having to increase their HR department headcount when all they need is part-time or piecemeal help.
3. It’s Better for Compliance and Risk Management
One of the aspects very few business owners and internal talent acquisition teams think about before embarking on a recruitment project is compliance and risk management. If you’re in a highly regulated industry like health care or government services provision, you will have to meet certain operation standards and other crucial requirements.
Though you may have these requirements at the back of your mind, it’s not until you’ve started the screening process that you’ll realise the real struggle of ensuring that candidates meet the specifications. Outsourcing your entire hiring process means, therefore, that you don’t have to worry about dedicating your company resources to ensure compliance and facilitate better risk management during recruitment.
4. It Can Enhance Your Employer Branding
One of the reasons why RPO is superior to traditional recruitment methods is its ability to enhance the employer branding of a company. By enriching the candidate experience and improving the overall quality of your hiring processes, you can appeal to more high-quality candidates. The best part is you won’t even have to pay extra for that!
5. Access to Powerful Recruitment Technology
Because an RPO provider is focused on recruitment activities, they invest in all the latest technologies to enhance their services, including AI sourcing tools, advanced screening tools, and lots of other cool solutions to automate the hiring process. These acquisitions, which will now be at your disposal, not only help you to save time and money but can also improve diversity and inclusion efforts by eliminating human bias and error from your practices.
Hire Better With Kinetix
Truly, it’s difficult to experience the power and convenience of RPO in hiring from words alone. Besides, if you’ve not tried RPO before, you wouldn’t know what you’ve been missing unless you get your hands on it. One thing you will want to bear in mind, however, is that it’s crucial to engage the right partner since choosing wrong will ruin the experience more than enhance it.
Kinetix, one of the leading RPO providers, may be among the best choices if you’ve been on the search for a partner you can rely on. With a highly specialised recruiting team, flexible partnerships, and a goal-oriented culture, you can be sure your recruitment processes are in capable hands.
