The working population of India is over 8 million, so one can easily say that there is no scarcity of workforce by far. On the flipside, abundance of resource makes sourcing for the right candidate hassle of sorts. Additionally, research has shown that India today is changing at a fast pace. Catching up to the levels of economic growth is not easy because it has brought about a shortage of skills and talent that are in demand as well as that of need for data and technology. This shortage has compelled business organizations to focus on talent acquisition and work force planning strategies. The reason is simple, it is definitely going to get their business move northward through increased productivity, competitive differentiation, accountability, agility and flexibility as well as compliance advantages, to name a few. Hence, the need for recruitment process outsourcing.
Present day, numerous organizations are already turning to external service providers to meet their recruitment needs due to the immense benefits offered.
Recruitment Process Outsourcing (RPO)
A part of Business Process Outsourcing, recruitment process outsourcing is about transferring your recruitment activities, overall or in part to an external service provider. The service providers offering these services include services like posting jobs, sourcing talent, screening the right candidates, scheduling the interviews, making job offers and managing onboarding, besides services like research, recruitment as well as administrative technologies. Here’s a scan through some of the major benefits you get if you outsource your recruitment processes.
- RPO providers are specialists in recruitment and using their services equals to reducing hiring costs.
- RPO providers are skilled at what they do and can get you the best suit for the position comparatively.
- They have an access to a mammoth database of talent, static and dynamic and have excellent data mining capabilities.
- Their solutions are tailored around your business needs and goals as RPO service providers have the right mix of tools required to meet your demands.
- You have direct accessibility to RPO experts, thought leaders besides market insights and this can help you source the best from the pool.
- RPO service providers source talent from where they reside, work or socialize with the help of market intelligence.
- RPO takes over your recruitment processes thus helping you save time and focus on other priorities.
Many of the outsourcing service providers have state of the art sourcing centers and provide pricing packages that suit your requirements. To rise above the clutter these external service providers are offering holistic solutions that include the usage of various different recruitment tools and advanced analytics as well as keen attention to the Applicant tracking system and more.
Well, Hiring the best talent required is need of the hour for helping businesses flourish and therefore organizations need to look into their acquisition area. Besides, they need to incorporate total talent strategies by collaborating with external service providers that offer total talent solutions.
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