Future of Work Trends: Recruitment Outsourcing in a Post-Covid World

The pandemic has forced companies to adopt drastic yet necessary changes in order for them to stay afloat. Some companies implemented pay cuts while others had no choice but to terminate employees just to survive. As the majority of these companies were unprepared for a pandemic and its widespread economic effect, many are backed into reviewing their processes – embracing more flexible practices to temper a gloomier future.

Using recruitment as our focus, what are some ways a company can integrate flexibility when it comes to hiring? Let’s take a look at some questions one may ask:

• Can we freeze and unfreeze hiring at any given time?
• Are we able to control our recruitment budget easily?
• Can we find the right candidate for the lowest cost possible?
• Do we have insights to data and information on our recruitment as well as the hiring market?
• Are our processes adaptable yet consistent?

It may be seemingly impossible to find a solution to all these questions until we look at the potential of RPO (Recruitment Process Outsourcing). RPO offers a myriad of recruitment process services from consultation, sourcing, advertising, interviewing and even onboarding new employees. These outsourced recruitment services usually requires a team of recruitment professionals that would probably cost the company more to hire an in-house recruitment team – which isn’t a core necessity especially post-Covid.

The objectives of recruitment process of outsource staffing company in a post-Covid world is mainly to give companies more time and resources to focus on more important business processes while providing effective and cost-efficient recruitment support. To summarise, recruitment process outsourcing benefits a company in:

1) Flexibility – Freeze recruitment processes and any costs associated. This can be done almost instantaneously with immediate effect.

2) Less Risks – There’s no fixed cost when using an RPO. It is also more cost efficient compared to hiring a team of in-house recruitment experts.

3) They’re experts – Using an RPO is similar to hiring a team of recruitment experts but without the exorbitant cost of an in-house team. They’re equipped with the latest recruitment technologies along with a database of job ready applicants. They also have better insights into hiring trends and the market to better inform companies on their hiring needs. Most importantly in a post-Covid world when everything is digitised, RPO companies are more familiar with current digital recruitment strategies.

4) Better quality candidates – RPO companies invest in recruitment technologies to facilitate their candidate screening process. With the unsteady and oversaturated jobs market in a world still coming to terms with Covid and all its effects, it is ever more important to ensure companies interview relevant candidates and hire high-quality ones.

5) Focus on other core processes – The period that a company requires to recover from the effects of a global pandemic is extremely crucial for its survival. Using an RPO will give companies more resources to allocate on other core processes.

6) Contract Workers – With the global economy still recovering, companies are still uncertain on the direction the economy will head. This uncertainty has led to an increase in the demand for contract workers. An RPO is equipped to mitigate this with a database to expedite sourcing as well as the necessary processes to quickly assimilate contract workers into a company.

Before jumping on the RPO bandwagon, it is important to identify the types of recruitment outsourcing your company needs.

1) On-demand RPO – A company uses an RPO on a contract basis to fulfil their recruitment needs for a duration.

2) Function-based RPO – The RPO unit will replace a recruitment function in a company. For example, a company requires mass-hiring of contract staffs for monthly events.

3) Full RPO – The company outsources all their recruitment needs to an RPO company.

After deciding on the type of service your company needs, the next step is to find the right recruitment process outsource staffing companies. With Talent Spot, our on-site consulting team are equipped with the necessary knowledge and experience to integrate end to end recruitment processes. We also have a dedicated in-house sourcing team that provides back-end support to ensure fulfillment of your KPI. We also provide the administrative and logistics support to meet your needs. Contact us today for more details on outsource staffing company.