Recruitment Process Outsourcing (RPO) is a solution whereby all or part of a company's permanent/direct hiring needs are outsourced to an external provider. As an RPO provider, TRS Workforce Solutions (TRSWFS) take primary responsibility for your partial or entire recruitment process through a dedicated Project Management Officer (PMO) and talent acquisition team.
An RPO solution partners with your HR function to develop a solution that delivers your specific staffing requirements. TRS WFS is technology agnostic, which means we work with your existing HR systems or implement a technology platform that fits your requirements.
RPO solutions are chosen more and more by organisations who see the value in terms of:
- Reducing hiring timelines with better cost-efficiency
- Accessing a more diverse choice of talent
- Ensuring internal HR resource gaps do not result in operational or project delays
- Reducing non-compliance business risk
- Meeting scope volume hiring needs within set deadlines
- Increasing brand awareness through direct sourcing methodologies
What are the benefits of outsourcing recruitment?
At any time, but especially during rapid change, RPO can help employers maximise their budget and improve productivity and retention. Other benefits of outsourcing talent acquisition include:
- Reduced recruitment costs
- Due to its scalability, among other factors, RPO may lead to hard and soft cost savings that multiply at a similar percentage each year
- Compliance support
- State-of-the-art technology
- Faster time to fill
- Will help identify barriers, continually tweak processes and ensure accountability so that positions are filled faster
- Decreased staff turnover
- When hiring and onboarding processes are consistent and streamlined, new employees tend to be more engaged and less likely to leave the organisation
- Diversified talent pools
- RPO providers often have established partnerships with diverse organisations, networks, and colleges that can help employers attract underrepresented talent
- Advanced analytics
- Real-time data and benchmarks, both of which come as standard with an RPO, can help guide an employer's recruitment tactics
How do employers know if RPO is a good fit for their business?
When considering RPO, employers must carefully evaluate processes and technology. If any of the following challenges are uncovered, outsourcing recruitment may be a solution:
- Limited hiring team resources
- Decentralised or inefficient processes
- Compliance risks
- High recruitment costs
- Lack of specialised recruitment expertise
- Lack of data and reporting capabilities
- Limited system functionality
- Lack of suitable candidates
- Lack of candidate attraction strategies and brand awareness.
TRS Workforce Solutions can support the identification and mitigation of recruitment lifecycle risks through an Insights Report. This document provides a high-level view with some actionable data. It is also the initial step towards a more in-depth discovery meeting and proposal.