When to use RPO services?

If your company generally hires three or four applicants yearly then you can carry the inhouse recruiting process and eventually hire perfect candidates. But, what if your hiring demand exceeds and you are unable to manage them? 

The simple answer is RPO.

RPO stands for Recruitment Process Outsourcing. Currently, it is one of the most demanding services in the market. RPO means outsourcing your organization's recruiting function to an external company. Many businesses from various sectors, such as staffing, construction, manufacturing, retail, banking, many more businesses choose RPO for their recruiting operations. One question that arises in mind is - Why should you choose RPO when recruiting can be possible to do in-house? Consider the next question as an answer - Why do you go to a restaurant when you cook at home? 

Let's clarify the thoughts concerning in which situation RPO should adopt and generally when companies prefer RPO services.

COST SAVING

When the recruiting process is for a limited number of times, we can assume that it might be cost-effective for companies. But when the requirement for new candidates amplifies, the recruiting process gets costly as the whole process will repeat not once, not twice but multiple times. Through RPO, companies can easily do cost-cutting. Placements are offered a great deal and discount for the volume of hire. If you want to hire 100? It will take a long time and substantial costs. Hence, if companies' priority is to reduce the expense, then they have to adapt to RPO.  Also, considering the cost of job boards, job postings, social media marketing, etc. it is cost-effective to use RPO services.

ACCESS TO LEADING RECRUITING TECHNOLOGY AND TOOLS

The central function of RPO is to find qualified and the most suitable candidate for the businesses. To improve their searching for applicants and to manage the overall process of recruiting, they implement various kinds of technologies and tools.  Therefore, they are frequently aware of new leading tools. Instead of investing money, time, and resources to purchase these tools, you should use RPO.

FOCUS ON CORE FUNCTIONALITIES OF THE BUSINESS

The recruiting approach is an irremovable factor of every business. Each business, firm, and organization hires a new candidate and after a while, it is a ceaseless activity.  When they perform hiring operations to fill the positions, in actual the business is diverting their attention from core functionalities to recruiting approach. Every business is established with fundamental purpose while recruiting is a tiny portion of the business.  Hence, if companies want to focus on core operations instead of wasting time to obtain the right candidates, then selecting RPO under this condition is superior.

HIGH QUALITY OF TALENT NEEDED

RPO providers have held expertise due to the number of years of experience in recruiting for companies of all sizes and all fields. They have detailed knowledge of screening, interviewing, and the final hiring of the candidates. They also have an immense database of the candidates. Hence, they hire better. So, if businesses need high quality of talent that is not possible through the in-house recruiting process then for this purpose business should use RPO.

These are some of the reasons when companies generally go with the RPO solution. Through deep specialization and clearly defined processes, RPO solution is proficient to reduce cost per hire, time per hire, improve hiring quality, scalability, reporting, and lead you towards a great return on investment.