According to the data of the analytical agency Staffing Industry Analysts, RPO, or recruitment process outsourcing, has been one of the most demanded and actively developing HR services since 2017.
Let me take a closer look at this phenomenon and analyze in detail what kind of service it is and what benefits a company may get from it.
RPO is outsourcing the recruitment process or, if you like, a partial or complete transfer by the employer of the search and selection process to a specialized contractor within a project, department, or company.
Based on the experience of the OnHires, which also provides outsourcing recruitment in IT, I would highlight the following cases:
Again, based on our company’s practice, I would list such advantages:
There are several indicators in recruitment that allow measuring the effectiveness of a recruiting process:
RPO technologies control the process of finding and hiring employees at each stage. And advanced recruitment management systems provide transparency in recruiting services, which increases the customer’s confidence in the provider.
Plus, these up-to-date systems give the customer the opportunity to be aware of the financial costs, the speed of closing positions, and the quality of candidates at any time.
I am not an analyst, but as a person directly related to recruiting, I see the obvious prospects for developing this direction in business.
The international market is actively developing. And new technologies and services are coming to the market, including RPO, which is rapidly increasing in demand.
The current trends greatly influence the development of RPO recruiting in the labor market. Due to the global demographic trends, in particular, the aging of the world population, pandemics, and political and economic crises of recent years, vacancies are beginning to prevail over the percentage of candidates. The competition for talents is intensifying and will continue to boost further.
And this will lead to the fact that it will be more and more difficult for companies to independently cope with searching and hiring the necessary specialists, which will naturally lead to an even greater demand for Recruitment Process Outsourcing providers and recruiting agencies in general.