Why is RPO important? In an increasingly crowded and competitive marketplace, companies are finding it difficult to attract talented individuals who have the necessary skills and experience to make a transformative contribution. As businesses look to make their processes and procedures more cost-efficient, the efforts of HR departments are being further impeded. For many companies, project-based RPO might be the most cost-effective option.
Why is RPO important?
Scales According To Need
RPO is important because it can make a dramatic difference in the cost efficiency of your recruitment processes. In every business, resourcing needs vary throughout the year and across multiple years, in a kind of a cycle. For example, retailers will typically hire extra staff in order to meet higher customer demand during the festive season. The resources of a traditional HR department do not typically reflect such a rise and fall in demand and instead remain about the same level throughout the year. Subsequently, the team passes through cycles of being overstretched and underutilised. With RPO, you only pay for what you need at that point in time. It is a flexible solution that scales up and down with the changing requirements of your business.
Makes Better Use Of Your Time
With the more time-consuming aspects of the recruitment process passed onto your RPO provider, you have more time to focus on other parts of the business. An RPO provider will not only find you suitable candidates and initiate discussions with passive candidates, but also assist in the arrangement of interviews, inputting relevant information into your tracking system and running any necessary checks.
Provides You With Accountability
One of the major advantages of establishing a partnership with an RPO provider is the level of accountability that a Service Level Agreement (SLA) can provide. On an ongoing basis, the RPO provider should share their measurements and breakdowns with you, allowing you to discern the overall effectiveness of the process. This is not to say of course, that traditional HR departments don’t also carry out their own analysis. The difference is that you can more firmly call your RPO provider to account when they fall below your expected standards and contravene the SLA. RPO is important because it gives you a greater level of security and confidence in your resourcing.
Offers An Increased Level Of Focus And Expertise
Another reason why RPO is important is that it gives you access to some of the most knowledgeable people in your industry. Most recruiters working in HR departments are generalists as they must cover all the roles and vacancies within the company, from the receptionist to senior-level executives. In contrast, recruiters working for RPO providers tend to be specialists with extensive expertise in one particular industry or role type. At times of high resource demand within your company, an experienced RPO recruiter is able to dedicate their sole focus to that area and utilise their pre-existing knowledge. This enables them to source and engages with a greater number of candidates in a shorter period of time than an HR generalist.
Improves Access To The Latest Recruitment Resources
Smaller HR departments are unlikely to invest in the latest recruitment technology. RPO providers meanwhile are always looking for ways to improve the efficiency of their service and technology plays a big role. They don’t only invest in the latest solutions but also ensure that they are confident in using them. If you would prefer an RPO provider to use your own system, they will have the experience to do so. Of course, the two can also be used in combination as the RPO provider seamlessly integrates with your brand.
If you have more questions about why RPO is important, contact us today.