So many business owners in different industries are excited about RPO recruiting and how it can enhance their hiring efforts, but could it be just another fad that isn’t worth paying attention to? Well, certainly not. RPO is a rather effective solution for businesses that don’t want to deal with the inconveniences of working with traditional recruitment agencies, yet their internal talent acquisition teams aren’t capable enough.
Thanks to RPO recruiting, you can acquire high-quality talent for different roles and even customise the services to suit your unique business needs. All things considered, the benefits of hiring with an RPO model make it look superior to all other models.
A Closer Look at RPO
So, what is this highly-praised RPO recruitment method? For starters, RPO is an acronym for Recruitment Process Outsourcing, and it’s a form of Business Process Outsourcing (BPO) where a business transfers its recruitment processes to an RPO provider either entirely or just a part of it. It’s typically leveraged for high-volume recruitment, temporary roles for short-term projects, or even complete hiring for critical positions in an organisation.
When you use RPO, however, don’t think about it as just a basic solution for filling positions when high demand calls for it; it’s also a way of enhancing your overall recruitment processes. Teaming up with a reputable RPO recruiting provider sets the right foundation for improving your active teams and talent pool gradually so you always have access to industry-leading talent whenever you need it.
When Is RPO Ideal for Your Business?
Though RPO will come in handy in almost any situation that requires the acquisition of new talent for your business, it’s more ideal for some circumstances than others. Here’s when you want to employ RPO in your business:
1. When You Need Better Quality Candidates
RPO providers are experts at what they do because hiring is their full-time job. Not only do they have the experience after serving hundreds, if not thousands of clients, but they’ve also built extensive networks over time, which means they have a massive pool of qualified candidates for various roles and situations.
So, if you’re focusing your efforts on improving your quality of hire, then RPO would be the perfect solution.
2. You Lack Own Talent Pipeline
As mentioned before, RPO providers will typically have a large pool of high-quality candidates for different situations. So if you don’t already have a talent pipeline, there’s no need to struggle with building one so hastily and risking the quality of potential candidates. You just need to partner with an RPO service provider and voila – everything you need in one place!
Now that’s some effort you can redirect to the more critical business processes. The best part? You don’t need to hire additional staff or pay exorbitant traditional recruiting fees.
3. You Can’t Afford to Hire In-House
Yes, you have an HR department, but is it so capable of multitasking and still delivering fantastic results? If it is, you have enough resources to sustain your hiring efforts, so you won’t need the input of an RPO provider. But if you’ve been trying to keep it to a minimum as far as the operational costs go, you certainly want to partner with an RPO provider.
Though the partnership will have some financial cost to your business, rest assured it’s better than resorting to increasing your in-house recruitment department headcount or using traditional recruiting agencies. Besides, you can base your contract on just part of the hiring process so you don’t have to pay the end-to-end recruitment service fee.
4. Your Hiring Needs Vary by Season
If your company is one of the many that have a great influx of customer traffic during certain seasons, that’s your cue to engage an RPO partner. Since you will need to engage temporary employees during such periods, it’s paramount that you’re able to do so with speed, and RPO services are perfect for that.
Thanks to the wide pool of candidates that a provider can access at any one given time, you are sure they will have just the right candidates for you. Some providers even save a profile of potential candidates for your company so they don’t have to search deep within their database.
5. You Want to Scale… Albeit Affordably
As your company grows, you will have to keep hiring new candidates, and these are typically in it for the long haul. Though you can engage a recruitment agency for this, the fees are often discouraging. This might make you wonder, “How then, can an RPO provider charge less for the same quality of hire?” Some business owners will even deduce that an RPO provider is more than likely just offering them low-quality candidates who aren’t a good fit for the specific roles.
However, one of the reasons an RPO provider charges less is because you will often have established a more intimate business relationship with them. Since your partnership is designed to last longer, they can offer friendlier prices than if it were a one-off deal.
The cost is not the only factor in consideration here; turnover rates will also matter. RPO staffing companies typically have the desire to fill positions with candidates who are a good fit, again because your partnership is meant to last. A recruitment agency can decide to fill a position hastily just because they have to.
6. You Want to Focus on Your Core Operations
There’s no doubt that recruitment can easily become an intricate process. So, if you’re doing it by yourself, it’s easy to get a bit sidetracked by the challenges. You’d have to invest enough time and resources beforehand to create an in-house team which means there still will be a moment when you don’t focus fully on your core competencies.
That’d defeat the purpose of getting new employees, because most of the time, it’s to enhance the customer experience. When you work with a recruitment process outsourcing firm, you no longer have to worry much about the nitty-gritty details of recruitment and/or onboarding. That means you can dive deep into what you do best and focus on establishing a competitive edge so you can stand out.
Worry Less, But Hire Best!
Ensuring your teams are strong and capable can be a backbreaking process that can easily skew your efforts and cause unnecessary worry, but it doesn’t have to be that way. You can always leverage the help you need to succeed and even better, be sure that you are getting the highest quality of candidates possible.
Teaming up with an unrivalled RPO provider like Kinetix will give you the peace of mind you need to concentrate on your business because, with them, your recruitment process will be in good hands. Visit kinetixhr.com to learn more about recruitment process outsourcing and start your journey towards hiring success today.