It refers to the process in which the company hires an external company to manage its recruitment process. RPO is a form of BPO (Business process outsourcing) that aims to achieve effectiveness in the recruitment process by saving time. The external providers the company hires are accountable for handling the open position and selecting a suitable candidate for the company. It minimises the investment in HRM and assures higher benefits.
Advantages of RPO
Minimises costing: In the long run, it saves time for the company by evaluating the needs and assessing higher-quality candidates more brilliantly.
Enhances hiring quality: external providers manage the investigation by deeply finding, screening and generating potential talent for their clients. It delivers talent to the organisation with the help of its expertise in sourcing.
Accessibility of diverse talent: currently, the employment sector faces a significant challenge in finding the right candidate with the required skill set. RPO has an extended area for investigation, which enhances the company’s coverage.
Enhances retention: It manages the smooth process of hiring and onboarding, which minimises the chances of a high turnover rate. It helps companies maintain consistency in the hiring process and enhances employee engagement.
Accelerate analytics: It helps companies provide real-time data on the recruitment strategy, which helps keep a regular track of every step of the recruitment process.
Steps of RPO
Step 1: Analyse the hiring requirements: This is the first step in which the employee identifies the specific requirement in the company or the job position that needs an employee.
Step 2: Write an adequate job description: once the requirement has been identified, the RPO provider prepares a specific job description for the position needed for the company.
Step 3: Determine the right talent: RPOs are responsible for finding the right candidate for the company, whether it comes from a referral or any kind of external source.
Step 4: Interviewing and shortlisting: the suitable candidates are then screened and shortlisted on the basis of skills, efficiency and the work passion they have.
Step 5: Evaluation process: then the final candidate is evaluated on the basis of their eligibility and capabilities. The RPO deal assures that the candidate meets the expectations as per the job description.
Step 6: Onboarding and introduction: Once the company has found the right and suitable candidate, ROP is then suitable for managing the onboarding processes, which eventually leads to smooth hiring in the company.
RPO companies handle the start-to-end process of recruitment needs of their client. Form posting a job advertisement to assures a streamlined onboarding process, it assures smart working. The prominent role of RPO is to guide the clients in managing the sourcing, recruiting and introducing talents.
