Recruitment Process Outsourcing is the form of business process outsourcing in which a company hires a third party and hands over the entire recruitment process. An RPO vendor is responsible for handling all the open hiring positions in the company and onboarding the best suitable talents.
This process is designed to bring qualified talents to the employer with minimal interference from the company’s HR staff. An employer looking to fill the vacant position may sign a contract with the RPO firm, giving it the responsibility to find, screen, and assess suitable candidates.
The goal of RPO is to increase the efficiency in recruiting and save time. This process also saves time and cost to hire. With a professional RPO, companies can increase the talent funnel by 50% and decrease the hiring time by 40%.
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