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Outsourcing the Recruitment Process
A tough economic environment has raised the stakes for innovation, challenging companies to evolve with the times or die. Talent is front and center in this quest for survival. To acquire and retain the best employees, businesses are taking a novel approach to recruitment: human resource outsourcing.
Outsourcing human resources allows businesses to take advantage of a specialists niche expertise and time-tested best practices. Nowhere is this specialized knowledge more valuable than in the recruitment process. Effective recruiting draws on deep local knowledge and networks to attract the best, broadest candidate pool.
Outsourcing a Critical Human Resource
A Bright Outlook for RPO
Outsourcing the human resources recruitment process offers a solution to the volatility of the current market. Richard Crespin, Global Executive Director of industry association HROA, observes: "RPO is a core tool in the talent management toolkit in booms and contractions." RPO offers flexibility, allowing businesses to respond quickly to emerging opportunities. "Now is the time to innovate and embrace recruitment solutions that will drive future growth," explains Rosemary Collins, Partner and Managing Director, CHRO Services. "Businesses must seize opportunities presented during downturns. In order to attract and retain top talent, they must build a recruiting infrastructure that is flexible and scalable." RPO offers instant access to an established recruiting infrastructure.
Outsourcing the Recruitment Infrastructure
The RPO takes responsibility for the entire recruitment cycle, including:
Outsourcing this critical human resources function allows businesses to reduce the cost of the recruitment process. But the benefits of outsourcing extend well beyond the bottom line. Top reasons companies outsource recruitment include: