5. enhanced speed of hire.
According to the 2016 SHRM Human Capital
Benchmarking Report, the average time to fill for
an open position is 42 days. The more positions that
remain unfilled, the less equipped a company is to
execute on business objectives, respond to shifting
market conditions and keep up with or surpass
the competition.
RPO providers solve this challenge by working
closely with hiring managers to understand specific
job requirements, while also implementing service
level agreements (SLAs) requiring requisitions be
processed within tight time frames. Combined
with rigorous screening and assessment, as well as
streamlined offer presentations and onboarding, the
result is a quick and efficient hiring process.
6. benefit from the latest technologies.
One of the most important priorities for talent
leaders today is to keep up with talent innovation.
Randstad Sourceright's 2018 Talent Trends Report
found that 87% of organizations say talent innovation
has enhanced the attraction, engagement and
retention of talent. Yet, limited budget and resources
can prevent employers from benefitting from new
technological advancements.
RPO providers deliver on this imperative, as they
are in tune with the latest technologies to enhance
hiring outcomes and continually invest in new
solutions and platforms to help their clients find
needed talent.
7. greater flexibility and scalability.
Hiring needs fluctuate throughout the year, and
RPO providers are geared to scale their solution
models accordingly.
As a result, arrangements like project RPO or
recruiter on demand (ROD) continue to account for
a significant portion of the RPO market, especially
for organizations that find it difficult to forecast their
needs or those experiencing rapid growth.
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