Your guide to Recruitment Process Outsourcing (RPO)
Recruitment Process Outsourcing, better known as RPO, is one of the Human Resources Outsourcing industry’s fastest growing segments.
Companies with high-volume or enterprise-wide hiring needs seeking to outsource all or a portion of their recruitment process often turn to an RPO provider to streamline their hiring costs, decrease time-to-fill, or improve candidate quality. As a trusted expert, your RPO partner provides talent acquisition consulting that encompasses analysis, strategy, and execution.
For process-driven, metrics-oriented organizations, RPO providers offer an efficient, measurable solution to high-volume talent acquisition programs. In addition to improved candidate pools and recruitment processes, you may also experience significant savings on recruitment marketing expenses and placement fees, among others.
For high-growth companies, RPO offers levels of partnership and consultation well beyond staffing. To be truly effective, your RPO provider must become a virtual extension of your company’s HR department—which offers you valuable savings in resources and creates a transparent candidate experience.
You should consider working with an RPO company if any of these sound like you.
For the life of the RPO relationship, your provider strives toward continuous improvement in process efficiency. A robust RPO program will adjust to increasing or decreasing hiring demands, using only the resources necessary—effectively decreasing or eliminating waste.
By outsourcing recruitment to an expert source, your company is empowered to fully focus on strategic, revenue-generating activities.
RPO is particularly suited to companies with ongoing, high-volume recruitment needs.
While staffing firms source, qualify, and fill open positions, they do not provide the scope of service that an RPO might, because they typically do not fill a high volume of open positions. Executive search firms, similarly, do not focus on high-volume roles. Instead, an executive search partner is better suited to strategic positions at the management level and above.
Best suited to companies seeking to outsource all needs across a job function or the enterprise over a sustained timeframe.
Best suited to fulfill short-term recruitment needs, such as opening a facility or ramping up a specific function. May include recruiter on-demand models for additional flexibility and workforce augmentation.
While staffing firms often charge a percentage of the new hire’s estimated annual salary, an RPO estimates pricing not only on volume of hires but also on increased process efficiencies.
Here are some of the most common cost components within any program.
Engagements are supported by service level agreements and statements of work which outline metrics, project deliverables, and governance models. Metrics may include a target number of hires, conversion ratios, time-to-fill, among others.
An RPO provider will partner with you to build a process that achieves your hiring goals. By gathering just some of the information below, you can have a more productive first conversation with an RPO company.
In today’s highly competitive hiring market, the human touch is essential to executing a successful recruitment process.FULL ARTICLE
The right RPO model can strongly influence the overall reach and success of your recruitment program.FULL ARTICLE
For companies implementing RPO services, continuous improvement within talent acquisition and recruitment is the goal. In our experience, the best way to improve is to set appropriate benchmarks and measure results.FULL ARTICLE
When matched with the right RPO services, your firm can realize significant cost-efficiencies, the most immediate improvement being reduced cost-per-hire.FULL ARTICLE
A residential services leader grows its business development & account management teams within a complex recruitment process. Learn More
The world’s largest electronic security company, with over 26,000 employees, was finding it difficult to keep up with the demand for direct sales talent across the country. Learn More
This large sales organization needed to build its outside sales force quickly. With the help of ACA Talent’s RPO solution, they dramatically increased sales headcounts in nine weeks. Learn More
ACA Talent’s RPO developed an efficient recruiting process for this leading snack food manufacturer to reduce cycle times and fill vacant positions faster. Learn More