During this COVID-19/ Pandemic 2020, companies are currently adapting to transformation during this difficult time by cutting costs, delivery and scalability. Apart from being a cost-effective model, this brings in agility in growth prospects for the organization and enables them to focus on their core business goals while leaving recruitment of the core growth drivers to an external partner.
In today’s cost-effective economic environment, all organizations are looking forward to having higher productivity with minimal operational cost. The current economy has seen many start-ups scaling up on growth, who would not like to build their HR until they reach a certain level and that is when RPO helps. Below are some of the reasons why RPO is going to be the best choice for corporate recruitment.
Simplified Recruitment Process: Most of the companies’ recruitment cycles run slow due to the lack of a properly coordinated architecture. This may lead to faulty hiring decisions that in turn increases operational costs. RPO is the right solution for this kind of scenario. They have a fully structured and simplified recruitment cycle and organized advertising of the vacancy, training and on-boarding procedures. This feature leverages the recruitment problem off the board and allows organizations to focus on their core services.
Quick Hiring Process: Most of the organizations find it difficult to fulfil a vacant position within a short time span and this costs them a deficiency in their productivity. Searching new candidates, posting ads on the job boards, screening the CVs, conducting interviews etc are time-consuming affairs. RPO firms such as AGG make it easy especially if RPO is taken from a firm with global footprints. AGGs have an established process, large candidate database and a well-connected network making it productive in the shortest possible time.
Occasional Recruitment: This is a major reason why organizations are opting for RPO projects. There can be scenarios where an organization may go through a bad financial phase and not able to do recruitments, and another one where there is an expansion in business and there is a sudden requirement of manpower – in both the scenarios RPO is the best cost-effective solution.
Lower Attrition Rate: Increased attrition rate is a big reason to worry. A resource dropping out from an organization increases the entire cost that has been spent on him/her from screening till Onboarding. This has given a spike in RPO market. Attrition is directly liable to the RPO service providers hence it is their prime object to screen a proper resource that can fit the role for which she/he has been hired for.
For companies looking at agility with efficiency and attrition-proof HR services, Recruitment Process Outsourcing (RPO) is the way to go. Partner with Us, Grow Your Business!!! Reach out to AG Globe Services for your Service Provider