Finding quality candidates through Recruitment Process Outsourcing

The core objective of recruitment is to source, identify and hire the most relevant candidates for a company. As simple as it sounds, it is inevitable that companies will come across bad hires. According to a survey by CareerBuilder, a bad hire can cost roughly $25,000 to $50,000 – in terms of recruitment costs, productivity and overall company motivation.

That is the main reason why companies look to manpower recruitment process outsourcing (RPOs) as they either lack the resources in terms of skill, technology, data and time to effectively manage an in-house recruitment department. Finding the best candidate in the shortest time for the least cost while providing recruitment support, are the main objectives of recruitment process outsourcing.

With that being said, let us take a look at some of these recruitment process outsourcing benefits:

1) Stringent Screening Process
What better way to identify a quality candidate than implementing a comprehensive screening process? Equipped with professional recruiters, technology and data, RPOs can reduce the possibility of a company making bad recruitment decisions. A comprehensive screening process may include job specific tests, aptitude tests, multiple interview stages, CV parsing and more.

2) Investment in HR Technology
To perform and support such processes, RPOs invest in many HR technologies from applicant tracking systems to recruitment analytics. With these technologies, RPOs are able to make more informed decisions when it comes to recruitment. They can better identify flaws and suggest improvements to better the overall efficiency and effectiveness of a company’s recruitment process.

3) Recruitment Professionals
Equipped with seasoned and professional recruiters, RPOs have the advantage when compared to many in-house recruitment departments. These recruiters are trained to identify certain traits and personalities of individuals during interviews. Interviews are also more effective as recruiters are better skilled to conduct them. Seasoned recruiters are even well-informed with international recruitment policies which can help companies looking to hire foreigners or even expand overseas.

Besides just identifying these traits and skills, recruitment professionals are also tasked to sell the benefits of working for the company by identifying certain things that a candidate prioritises when it comes to their career. This increases the chances of hiring more quality candidates.

4) Database of Candidates
With years of recruiting, RPOs have access to extensive candidate databases. These databases can help filter candidates according to skills, personalities, availability and many more. Some of these candidates have been interviewed previously, providing more updated information on these individuals. This information can then assist RPOs in identifying the best candidate fit for a company.

5) Candidate Experience
Building a positive candidate experience improves the branding and perception of a company. With a strong, reliable and positive branding, companies are more inclined to attract more quality candidates! A positive candidate experience includes and is not limited to:

• Prompt responses
• Asking right interview questions
• Giving feedback
• Providing application updates
• Taking a more proactive approach with each applicant

Companies have to also decide on the type of recruitment process services they require. The 3 main type of RPO services can be classified as:

1) Project-based RPO
Project-based RPO are usually short-term. This usually applies to companies in need of additional manpower for product launches, new business initiatives or assistance in establishing certain recruitment processes and systems.

2) Function-based RPO
For companies needing help with certain recruitment functions can consider implementing a function-based RPO approach. The RPO will usually assume responsibility for certain recruitment processes from sourcing, interviews, onboarding, benefits and even retention.

3) Full RPO Service
The full RPO service is for companies looking to outsource their entire recruitment process. Recruitment process outsourcing companies will then assume the entire recruitment function from the sourcing of candidates, marketing of job posts, interviews, onboarding, benefits, retention, policies, and improving the entire recruitment function of the company as a whole.

Looking for a capable RPO company with customisable services to best fit your company needs? Then look no further than Talent Spot. Companies who’ve outsourced recruitment services to Talent Spot have seen positive results and consistent track records. Leveraging on technology and investing in our employees has given us an advantage when it comes to adapting to markets and company needs. When it comes to HR, we have the capabilities to achieve urgent hiring quotas, inform & implement international HR policies, adapt to economic crises and provide companies with extensive HR data.

If your company has recruitment needs to fulfill, contact us today!