What is Recruitment Process Outsourcing (RPO)?
Recruitment process outsourcing refers to a form of business process outsourcing where the company outsources the recruiting process to an external service provider.
Recruitment process outsourcing definition (RPO)
Recruitment process outsourcing refers to a form of business process outsourcing where the company outsources the recruiting process to an an external service provider.
RPO providers can provide its own or take the company's staff, technology and methodologies in order to manage the entire recruiting process or just a couple of aspects of the process.
RPO services
• Candidate research
• Compliance tracking
• Reporting and audits
• Hiring manager training
• Process mapping
• Technology consulting
• Third party vendor management
Pros and cons of RPO
Recruitment process outsourscing benefits include higher level of service because the contract between the hiring business and the recruitment business is tied to performance. It also saves time for the company and enables it to focus on more important work.
Cons include potentially higher costs and lack of competition.