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Randstad-Sourceright-2017-RPO-Fact-Sheet

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FACT SHEET A Recruitment Process Outsourcing (RPO) solution supports part or all of a company's permanent workforce hiring through a comprehensive set of external recruitment resources. Offering scalability, cost savings, process excellence, a technology stack and predictive analytics, an RPO program delivers access to critical talent quickly using world-class recruitment methodologies. Most importantly, solutions can be customized with a specific set of services designed to directly address an employer's needs and recruiting challenges. Recruitment resources can be scaled up or down based on changing hiring requirements, providing employers a high degree of agility. Some providers also offer career transition services to employers downsizing their workforce, creating a true end-to-end solution. Through an RPO, employers can: • minimize hiring costs by reducing reliance on third-party agencies • build a robust talent pipeline through candidate engagement and employer branding • mitigate risks with compliant hiring practices • enhance workforce planning and execution using analytical insight There are several considerations when determining what type of RPO solution is best for your organization. The four main types commonly offered in the market include: • end-to-end RPO – an ongoing solution encompassing all services involved with permanent recruitment, including technology investments. An end-to-end solution produces the greatest savings, efficiencies, hiring outcomes, satisfaction and compliance, but is also the most complex and time consuming to implement. The RPO provider will deliver onsite and offsite resources that consult hiring managers, process requisitions, source and screen candidates, schedule interviews, prepare and present offers, and conduct onboarding activities. End-to-end RPO often evolves through value-added services, such as employer branding and contingent workforce management. • project RPO – an end-to-end approach applied to a specific project, such as a new product launch. Project RPO is an effective solution for organizations that wish to maintain internal recruitment capabilities for day-to-day hiring, but need the benefits of an end-to-end approach for the project in scope. • selective RPO – addresses and strengthens specific components of an employer's internal recruitment process. For example, many companies strictly outsource sourcing and screening processes, retaining critical services such as interviewing and offers. Buyers receive best practices for the services in scope only. • Recruiter on Demand (ROD) – provides as many recruiters as needed to help companies address a spike in hiring, a new business initiative, a product launch or for any related business reason. An ROD solution allows the buyer to add recruitment capabilities immediately, without any need for process changes or technology implementation. However, its impact is the least transformational and results in no permanent improvements in processes. What is it? What are the various models? The RPO fact sheet: 5 Q&As to help you understand recruitment process outsourcing www.randstadsourceright.com | © Randstad Sourceright. 2017

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