Most of the companies are outsourcing their recruiting process to an external provider or outsourcing firms. This type of process is called as RPO (Recruitment Process Outsourcing) and it is an end-to-end function. The outsourcing firms will provide talented candidates for the required position in the organizations. Outsourcing firms will acts like intermediaries between candidates and companies. But these firms charge the organization for their services. The recruitment process outsourcing will saves the cost, time and improves the quality of recruitment.
The benefits of RPOs are:
- Cost: The cost of recruitment reduces by using the recruitment process outsourcing. The RPO providers use the economies of scale in recruitment process. The companies can reduce their cost on resources.
- Quality: Recruitment is a time required and labor intensive process. Companies require different skill set of people for different positions. Sourcing and recruiting is a challenging job. Recruitment process outsourcing improves the quality of recruitment. The outsourcing firms have the required expertise, extensive database of resumes and networking. RPOs source all types of candidates for the organization.
- Speed: RPO providers reduce the time on recruitment process. They can easily source candidates from the database and they do not require the advertisement for specific position.
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