Recruitment is challenging, no doubt about that. It’s not uncommon for internal recruiters to spend a lot of energy and resources with very little results to show for it. Even when they get it right, they often have to spend quite a lot of time.
It’s these inconveniences that make it necessary for business owners to seek alternative solutions to streamline their hiring. One of these solutions is recruitment process outsourcing (RPO). This article covers the essentials of this hiring model so you know if it’s the call you should make for your business.
What’s Recruitment Process Outsourcing?
Recruitment process outsourcing (RPO) is a hiring solution that involves transferring part of or the entire recruitment process to a hiring services provider. The provider, often referred to as an RPO partner, is usually responsible for tasks like managing your applicant tracking system, ensuring legal compliance, coordinating with your internal hiring manager, and more, depending on the nature of your agreement.
It’s highly recommended to choose a reputable Recruitment RPO provider like Kinetix to ensure you find the most suitable employees for your business. This may sound like a lot of work at first, but once you find the right provider, it will only be a matter of time before you start reaping the big benefits from your partnership.
Types of Recruitment Process Outsourcing
When hiring an RPO provider, it’s crucial to understand the kind of RPO services they can offer. These include:
1. Fully Outsourced RPO
This type of RPO involves transferring the entire recruitment process to a provider. This means your RPO partner will be responsible for everything from sourcing candidates to hiring them. Once the employee is placed in your organization, the RPO provider can then return administrative responsibilities and all other tasks that involve managing employees to your company.
In some cases, the provider can handle all legal and administrative roles on behalf of your company. For fully outsourced RPO, you will always use your RPO provider for all recruitment tasks. Thus, you’ll most likely sign an agreement to guide your partnership.
2. Hybrid RPO
This type of RPO is also known as ‘Half outsourced, half in-house RPO.’ It simply involves engaging the RPO supplier for only half of the process or specific tasks, while the rest is done by your in-house team.
3. Project-Based RPO
This type of RPO service is closely related to fully outsourced RPO, but only for specific positions. You can, for instance, use project-based RPO to hire right for managerial positions, but that’s the only time you engage the RPO provider. After they have filled the positions, you typically won’t retain them. You’ll only contact them again if you need their help for a similar hiring project.
4. On-Demand RPO
This RPO solution comes in handy if you encounter seasonal hiring spikes in your field, such as during the holidays and similar periods. The RPO provider’s role is to make filling the temporary roles easier and quicker. With on-demand RPO, you can rest easy knowing you have a dedicated hiring service, whether you have an internal recruitment team or not.
4 Reasons to Use RPO Services
You will typically only use RPO providers if you’re unable to fill it out completely or are trying to fill it out faster than usual. Here are the main reasons that would make you want to use RPO services:
1. Time Efficiency
Teaming up with an RPO provider means you don’t have to worry that it might take forever to fill positions, especially if you’re in a competitive industry. These providers have the necessary knowledge and resources to reduce the time it takes to fill roles quite significantly. This reduces the chances of making financial losses related to inefficient hiring processes.
2. Improved Quality of Hires
RPO is perfect for improving the quality of candidates you hire for your company, thanks to the enhanced screening techniques that providers use.
The solutions they use are meant to ensure the candidates they provide will not only meet the required qualifications but also fit the organizational culture. As if that’s not enough, RPO service providers use analytics and data to ensure you make informed hiring decisions.
3. Scalability
Whether you want to hire multiple candidates for a long-term project or just a couple to meet the needs for a short spike in your hiring needs, an RPO provider will have the perfect solution for you. They can adjust their services to meet your fluctuating needs, and that’s a crucial provision in multiple industries.
4. Cost Reduction
RPO providers utilize their purchasing power and recruitment expertise to get better rates for background checks, job postings, and a wide variety of additional services related to hiring. As if that’s not enough, RPO agreements are based on flexible pricing structures or fixed fees for the service you’ve ordered. That way, your budgeting process will be easier and more predictable.
Experience Hiring Excellence With Kinetix
Recruitment process outsourcing is a great solution if you’re trying to streamline your hiring process. With so many providers, however, you have to take your time to choose the best so you can hire right. A good company will not only take the time to understand your hiring needs, but they will also have the required expertise to help you determine what’s best for your company.
Kinetix does that and more, so if you’re looking for the perfect RPO provider for your business, you may want to check out their website to see what they offer.
