5 Major benefits of RPO in 2020
Marc Bennioff, Chairman and co- CEO of Salesforce once said – “ Acquiring the talent is the most important key to growth. Hiring was and still is the most important thing we do”.
Eventually, the first part of this statement made its place into existence, and business leaders accepted this fact. And the second part is something that every organization and RPO partners want to bring into practice.
Recruitment Process Outsourcing has evolved tremendously over the past few years. Whether yours is a startup or a large organization that needs bulk hiring, RPO firms serve as a strong extension to your firm that takes care of not just hiring but also other HR activities.
According to the intellectual surveys, it is presumed that there is going to be a surge in new jobs by the end of 2020. Employee turnover will be 31% more.
Around 55 million jobs will make their way the market. These statistics are the outcomes of business outsourcing. We cannot deny that technology has played a vital role in shaping up the various stages of recruitment.
And this swift amalgamation of technology, trends, and hiring services has delivered amazing benefits to the employee seekers.
Myth-bursting Recruitment Process Outsourcing facts, that everyone needs to know,
· Myth: RPO solutions are only for large companies
Fact: RPO hiring services are not exclusively for the large organization but is also for small and mid-sized firms.
· Myth: RPO is one size fits all solution
Fact: NO! RPO promotes flexibility and could be personalized as per your business needs.
· Myth: RPO is expensive
Fact: Not at all. RPO actually serves as a reliable partner who reduces your expenditures while hiring employees.
Benefits of Recruitment Process Outsourcing
- Leverage big data
- Efficiency with great practices
- Subject matter experts
- Workforce diversity
- Redefined employer brand
1. Leverage Big Data
The advantages of recruitment are many, and RPO using Big Data leads to most of them. RPO service providers utilize Big data to gather thorough information.
In addition, this information is used to analyze and find the scope of improvement.
Besides being your hiring partner, it uses its potential to deliver you the specialized expertise.
2. Efficiency with great practices
RPO is known for the best practices to performs to provide unparalleled efficiency. It helps the RPO partners to bring rigor and balance in their recruitment strategies.
RPO does not restrict to geographic boundaries and works across the globe. This helps them to know about the latest recruiting trends and technologies.
3. Subject Matter Experts
Recruitment, hiring, and on-boarding the right talent is no piece of cake. It needs time, effort and expertise to execute the stages of recruitment with ease and precision.
So, how to manage the recruitment process? You don’t have to, RPO service providers have subject matter experts to do it for you.
4. Workforce Diversity
Studies have proved that an organization with a diversified workforce tends to be better at productivity. This is the reason why RPO is the best option for you to choose from.
Since it works at the global level, you have higher chances to get the right talent from all the corners of the world.
5. Redefined Employer Brand
Gone are those days when employees would only consider a high salary while choosing a job. Now, people are more aware and want a healthy work environment that would help them have a balanced life.
In a nutshell, employee reviews employer brand before joining and RPO helps you build a strong one.
These were some of the major benefits of RPO services beyond cost-saving that Recruitment Process Outsourcing offers us.
If you wish to enjoy these advantages, SA Technologies can help you with its expertise and nearly two-decade-long experience.