A Recruitment Process Outsourcing (RPO) company is a third-party company that is responsible for all or a part of the recruiting process of a company. This third party will serve as an extension of the companies existing HR or Recruiting function playing its role in ensuring that companies find the right fit for the available position(s). There are many benefits that can be gained from using a RPO company to address your recruiting needs.
Here are the four (4) reasons companies can use a RPO company.
One of the key advantages of using a RPO company is that it is cost-effective. Many companies spend a lot of money on advertising and sourcing candidates, lose money as a result of high turnover rates or simply waste time as a result of lengthy hiring or outdated technology. Using a RPO provider allows companies the ability to streamline their recruitment process which will in turn reduce the overall recruiting cost. RPO companies work to improve the time-to-fill and the quality of hire which will increase overall productivity of the company and also reduces the amount of HR resources that will be spent on sourcing the candidate.
Stronger Quality and and Larger Pool of Candidates
RPO companies have the resources and capabilities to ensure that they identify candidates that would be the right fit for the job using skill and psychometric assessments (where necessary). In addition RPO companies have access to a constant pool of candidates from which they can draw from as opposed to hiring managers who generally begin search when the job need arises.
Organizations experience seasonal highs and lows in their recruiting requirements throughout the year. RPO company provides such organizations with the ability to scale up and down with their hiring needs easily. This is also a good option for companies that are expanding and need to hire a large volume to meet a specific deadline.
Access to Recruiting Experts
Finding the right person that fits with your company is important to the growth of your company. The overall recruiting process can be time-consuming and requires skills and effort; especially when your have high-volume hiring needs. As experts in the recruiting field, RPO companies are particularly poised to with the skills, technology and know-how to address your recruiting needs.
For more information and to fill your RPO needs contact Caribbean HR Solutions at 1-876-971-7632 or email us at firstname.lastname@example.org.