Recruitment Process Outsourcing- Why Do You Need It?
Recruitment Process Outsourcing
Demand for specialization and cut throat competition in the market has led to development of ‘Recruitment Process Outsourcing’. This can be understood as ‘transfer of the responsibility of recruitment i.e. the staffing function of the entity to an external agency’, often known as the ‘Recruitment Process Outsourcing Agency’.
Recruitment Process Outsourcing, which falls under the broad head of Business Process Outsourcing, can be for a portion or the entire internal recruitment function of the entity that hires the external agency. When the external agency manages a portion of the recruitment function or manages it only for a short period, it is called ‘Occasional Recruitment Process Outsourcing’. On the other hand, when the entire staffing function is outsourced, and the period involved is fairly long, it is called ‘Total Recruitment Process Outsourcing’.
Why Do You Need Recruitment Process Outsourcing?
The staffing function of any entity is very critical for its success and survival. A good staffing function often translates into good quality of employees that leads to quality in work, and ultimately reflects in the final product, whether goods or services, provided by the entity.
So,it is important for an organization to have a robust and efficient staffing department. But, this requires specialized employees and consumes a large amount of effort and resources of the organization and its employees. This problem with maintaining an in-house staffing function can be circumvented by hiring a Recruitment Process Outsourcing Agency. Such agencies have specialized staff to provide services to their clients at a very economical price. A lot of benefits can be reaped from Recruitment Process Outsourcing, which spell out the reasons why an organization should opt for it.
The first and most important benefit of Recruitment Process Outsourcing is simply that the recruitment function gets decentralized. This function, although critical, is not a part of the core competencies of organizations. It is a cost centre and thus, by outsourcing it, organizations can concentrate on their core competencies.
The Recruitment Process Outsourcing providers are well connected in the market and thus, are able to source talented individuals by tapping their connections and hire them to work for the hiring organization. They also use their expertise to put the right candidate in the right place, depending on their skill sets.
The human capital of the organization gets enhanced manifold by an increase in the ability of to attract and retain skilled employees. This results in a phenomenal impact on the profitability and the image of the entity in the market.
Sometimes,when the organizations are going for massive expansions or launching new products, a sizable increase in employee base is needed, which can be a daunting task for the in-house staffing function, given the tight time schedules. Hiring an external agency for the particular project with a limited time frame can be a possible cost effective solution in such scenarios.
A Few Points of Caution-
Every organization that opts for Recruitment Process Outsourcing must perform a thorough cost-benefit analysis and ensure that the best possible option is chosen.
The reputation of the Recruitment Process Outsourcing agency,opinions of past clients, quality of employees of the agency etc. are a few points that must be evaluated to judge the quality of the RPO provider.
Also, an efficient mechanism must be put in place, to ensure a smooth co-ordination between the Recruitment Process Outsourcing provider and the organization itself. All potential problems must be analyzed and taken care of, by proper planning, before entering into a contract.
Accelcia business process outsourcing provides finance and accounting outsourcing, financial accounting services, human resource business process outsourcing, human resource outsourcing, recruitment process outsourcing and recruitment process services.
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