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Today, the recruiting environment is complex. In order to effectively recruit top talent, you need to navigate a tight labor market, become proficient in a set of relevant technologies, and manage and nurture candidates & hiring managers. Across industries, businesses are facing a tough time hiring the required talent. Expectations of both employers and employees are also rising, especially with the growing acceptance of freelance work and the development of technologies that enable it.
Recruitment Process Outsourcing (RPO) provides the strategic leverage that your company needs for streaming talent acquisition. Recruitment Process Outsourcing (RPO) is a form of business process outsourcing (BPO) where an employer transfers all or part of its recruitment process to an external service provider. An RPO provider can provide its own or may assume the company’s staff, technology, methodologies, and reporting. In all cases, RPO differs greatly from providers such as staffing companies and contingent / retained search providers in that it assumes ownership of the design and management of the recruitment process and the responsibility of results.
An RPO provider can act as an extension of a company’s HR or Resourcing function, sitting on site with the client providing a holistic hiring solution. An RPO provider can deliver the necessary staff, technology, and methodology needed to fulfil a client’s recruitment requirements.
Why TalentStack’s RPO?
Traditionally, organisations hire through one of three recruiting options: internal recruiters, staffing agencies, and contract recruiters. So RPO is still new for a lot of companies. Some may not realise that there are options in how to outsource or to improve their recruiting process, while others may stick with other solutions because that’s the way it's always done and that’s the way the boss likes to do things. However, if you really want to take/try this service you should consider us/ you can call/count on us anytime. We are here to show what our RPO model could possibly do for your organisation.
Our RPO providers are subject-matter-experts; talent acquisition is their core competency. They know how to navigate the recruiting environment, stay connected with the latest recruiting technology and have the ability to scale recruiting capacity to meet hiring demands. We bring individuals, mechanisms, proceedings and measures into the talent acquisition function. When implemented correctly, RPO enhances recruiting effectiveness (cogency) and gives an organisation a gamesmanship.
RPO is not a one-size-fits-all. RPO offers different engagement models. There isn’t a flat industry based fee/figure for our RPO services, and there isn’t a price bracket for small businesses or large industries. How much our RPO solution will cost is totally dependent on an organisation’s specific needs and goals.
Following are the three main RPO engagement types:
On-Demand RPO: A contract-based engagement with a qualified provider that knows the company, their messaging, their processes and the results they need. The contract specifies a defined number of roles within a defined period of time.
Function-Based RPO: The RPO provider takes a piece of the company’s recruiting needs entirely off the company’s plate (e.g., the IT department or an entire division of the organisation).
Full RPO: When the RPO vendor provides a company’s entire internal recruiting function including access to the provider’s full breadth of resources.
As some legend said, by improving recruiting and hiring, an organisation places the right people in the right positions, creating an environment where everybody wins: employees are happier, management is more effective, executives hit their numbers and the organisation overall is better positioned for success.
For our RPO model we will only say one thing: we will help the company in many more ways than just cutting recruiting costs or filling positions faster. It can actually help your business become a better place to work.