What Is Recruitment Process Outsourcing?

High-quality employees are one of your company’s most valuable resources, but filtering the gold from the gravel is getting harder. Leading organizations are turning to hiring experts for help. The market for professional recruitment services is on track to grow from $7.3 billion to nearly $25 billion by 2030. What is recruitment process outsourcing, and why is it popular?

OVERVIEW OF RECRUITMENT PROCESS OUTSOURCING

Recruitment process outsourcing involves partnering with a third-party agency to manage your organization’s staffing, talent acquisition, and hiring processes. RPO firms can coordinate recruitment from beginning to end:

• Developing an effective hiring plan that aligns with your workforce priorities
• Designing solutions for current in-house staffing issues
• Sourcing professionals who meet professional and role-specific standards
• Handling wage and benefit negotiations
• Onboarding new employees

Some firms continue to manage candidates hired under the RPO model. Others hand over the reins to your HR department once the recruiting process has finished.

TYPES OF RECRUITMENT OUTSOURCING SERVICES

What RPO involves depends on your company’s objectives and needs. There are several approaches to outsourcing the hiring process:

• Project-specific recruitment: Short-term hiring services designed to fill the roles you need, when you need them, and with the skills your project requires
• Comprehensive RPO: Equivalent to outsourcing most or all of your HR processes, including application screening, interviewing, and employee retention strategies
• Hybrid recruitment: Delegating time-consuming or difficult areas of hiring, such as scheduling, onboarding, or technical interviews, but managing the rest in-house
• Cost per hire or per resource: A flexible model that charges your organization based on the number of candidates you require at any given time
• Contract-to-hire: A type of outsourced staffing that fills open roles with the option for a long-term contract position after an evaluation period
• Service-specific RPO: Targeted programs that focus on one or two services, such as background checks or I-9 management

Recruitment outsourcing services are flexible enough to accommodate your organization’s desired level of control over worker management. Put simply, you set the objectives, and the RPO agency designs a hiring approach that fits.

THE BENEFITS OF OUTSOURCING YOUR STAFFING OR HIRING PROCESS

Outsourcing the hiring process can often save enterprises money by reducing the time and expense needed to source, screen, evaluate, and onboard candidates. Other key benefits include:

• Recruitment expertise: Enterprises outsource complex tasks to consultants all the time, and recruitment is no different. Experience and expertise drive better strategies, solutions, and processes.
• High-quality candidates: RPO agencies specialize in hiring, so they usually have access to a wider pool of professionals. For example, at TSP, our reputation depends on client satisfaction, not meeting a quota.
• Technical proficiency: One of the biggest reasons to outsource recruiting is that RPO firms have the industry background necessary to evaluate technical staff for IT, cybersecurity, or framework compliance. In-house hiring managers rarely understand in-depth infosec, data center, or programming roles.

Another reason to outsource staffing is the ability to scale rapidly. Software developers, enterprise data centers, and other applications with unpredictable staffing surges can maximize productivity by avoiding recruitment delays.

INDUSTRIES THAT NEED RECRUITMENT PROCESS OUTSOURCING

Enterprise-level companies in many industries benefit greatly from recruitment process outsourcing. At TSP, we provide recruitment solutions for healthcare, SaaS, financial services, manufacturing, cloud computing, and global retail. Learn more about our custom RPO services today.