Human Resource departments, today’s business environment, are frequently being subjected about the questions or ideas as to how to more effectively manage the talent as well as cost of the organization. This question remains crucial irrespective to the size of organization, industry in which it operates or geography where it is located. Outsourcing of Recruitment to an expert vendor poses as the most potential solution.
Recruitment Process Outsourcing, or RPO, can be defined as :
“Recruitment Process Outsourcing is a form of business process outsourcing (BPO) where an employer transfers all or part of its recruitment processes to an external service provider. An RPO provider can provide its own or may assume the company's staff, technology, methodologies and reporting. In all cases, RPO differs greatly from providers such as staffing companies and contingent/retained search providers in that it assumes ownership of the design and management of the recruitment process and the responsibility of results.”-HROA
1. Reduced Cost and Risk Sharing
Due to market dynamics, there can be huge fluctuations in recruiting needs. During expansion or higher market demands recruitment process has to be accelerated. Similarly during business downturn, recruiting needs suddenly drop. In case organization is having its own recruitment team, it has to be increased or laid off. Practically, this would be a much challenging situation. Outsourcing the recruitment function allows a company to pass along the cost risk of those recruitment resources to the business partner. Recruitment Outsourcing firms like Catapult Management Resources, take on the responsibility of effectively adjusting resource levels when hiring fluctuations happen so the client does not bear the burden and cost of carrying unnecessary staff, or conversely, being short when greater resources are required.
2. Faster Turnaround
Catapult’s RPO is well equipped with trained recruitment staff who are supported by highly sophisticated recruitment software, huge industry specific database, database of premier colleges and up to date industry information. Right from sourcing resumes, checking interests, coordinating multiple levels of discussion, negotiating offers and assisting in joining, entire responsibility is managed effectively by us.
3. Well Defined Recruitment Processes
One of the most common problems we see with the recruitment lifecycle is that it’s a disjointed and uncoordinated multitude of practices—good and bad—across organizational functions, departments, divisions and regions. Having an external partner eliminates this challenge. Catapult has a well defined Recruitment process. All the staff members are trained on the process to maintain the uniformity across the levels, for all our clients.
➧ Tailor made RPO service, as per client need
➧ Quality profiles, faster TAT
➧ Assistance in Reference checks and joining process
➧ Technology based environment with up to date market information