RECRUITMENT PROCESS OUTSOURCING, RPO
Recruitment Process Outsourcing
Recruitment Process Outsourcing or RPO is a strategic industry practice where a company delegates some or all of its permanent recruitment processes to an external service provider. This provider, often a specialized RPO firm, takes on the responsibility of managing the end-to-end hiring process, from initial awareness of job openings to the final onboarding of selected candidates. RPO is considered a subset of Business Process Outsourcing (BPO), specifically focused on the recruitment function.
Benefits of RPO
- Improves Quality of Hires by dedicating their resources to identifying, screening, and presenting high-quality candidates
- RPO services can lead to long-term cost savings
- Access to a Diverse Talent Pool as RPO providers maintain an extensive pool of qualified candidates.
- Increases Retention as RPO ensures that new hires are well-integrated and less likely to leave.