Building Businesses with RPO
Currently all the businesses are outsourcing their recruitment, be it because of market trends but what actually benefits the organization from hiring this help. Lets look what RPO has to offer to make this paradigm shift in the recruitment and hiring world:
1. REAL TIME REPORTING:
Keeping track record of every touch points in the recruitment process helps in estimating the ROI of the organization. It defines where most of the resources are deployed and whether the processes such as application processing, application deadline, data verification etc. is been completed in the prescribed allotted time
2. ANALYSING THE CURRENT HIRING PROCESS:
How current hiring process works effectively and efficiently in an organization has to be properly scrutinized to detect the obstacles using technology driven RPO using analytics software.
3. PROVIDING PERSONALISATION:
Whenever it’s the need of the hour, recalibrate the hiring process to cease the best talent found. Going by the rules may prove ineffective in some cases and thus creation of new processes immediately to cease the target before falling into the competitors’ hand.
4. POWER OF EMPLOYEE REFERRAL:
Companies try to make the most from the employee referral program (ERP) because there is the factor of trust and understanding within the employee and employer. Also, bonus or incentives are provided to the employees who referral is finally hired. This is a great way to reduce the hiring cost. An experience d RPO can use the assessment tool and build strategies to maximize profit from employees’ referral
5. IMPROVING TALENT POOL:
RPOs using technology tool visualize that there is more to a candidate than experience and education. By their previous experience working for different firms hiring for similar roles, RPO’s are more efficient in hiring by leveraging the social media platform and analytics to save time and reduce costs and build long term strategy for the organization.
6. MAKING HIRING PREDICTABLE:
Worthy employees don’t like the uncertainty in the job. They need to get a clear picture as where they stand in the hiring process. RPO service provider can organize and standardize the recruit to hire process, making it consistent and manageable and transparent for the candidates to trace where they lie at a particular time across the organization. It streamlines the process, making it consistent and predictable, ensuring a positive experience for prospective candidates
7. PROACTIVE TALENT MANAGEMENT SERVICES:
Businesses cannot afford to freeze hiring when the demand is not there because Candidates are always looking for job, checking the websites and job opportunities that your firm presents. A modern RPO can help you develop your employer brand and build talent communities to create a talent pipeline for future openings, using social, analytics, and mobile tools.
8. BIG DATA INTERFERENCE:
Playing on the predictive analysis to refine the recruitment and hiring process help in fine tuning the process example; prior knowledge of when the recruitment season will begin makes it easier for firm to be well prepared with the job offerings. Also, it tells us when hired candidate reaches its full potential describing the total time for the journey.
9. EMPLOYER REBRANDING:
Branding of the company not only improves its image in the market but also it gives the future candidates a perception that it’s matching with their perception and values. If properly branded, the valuable candidates will want to be part of the esteemed organization forsaking the higher salaries or various perks. RPO provider makes it a point that along with recruitment, branding of the company also needs to be done by providing various strategic guidelines as to how the company should be projected in the job market.
Hiring seasons can be a nightmare when the demand is not been able to meet. RPOs defining standardized process based on the best practice to maintain the equilibrium when there is high demand and process sis inflexible. It is a must for the organizations growing rapidly where scalability is the much needed solution to meet growth targets.