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RPO series: 9 benefits of RPO beyond cost savings

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5 elevating recruitment through RPO. Cost efficiency has long been the main priority in recruiting programs, and a key reason businesses choose to adopt the RPO model. But as companies often find, the advantages of RPO include much more than financial savings. RPO has the power to fundamentally transform each stage of the talent acquisition process, resulting in a streamlined, efficient and fully optimized recruiting strategy that drives measurable business impact. To learn more about how RPO can help transform your recruiting strategies, download Randstad Sourceright's RPO Playbook, a practical guide to answer your questions and help you get started. get your copy 8. improved workforce diversity. Research from Harvard Business Review shows companies that focus on diversity tend to perform better, with 45% reporting market share growth from the previous year and 70% capturing a new market. RPOs can help businesses create more diverse workforces, enabling companies to benefit from the different backgrounds and life experiences of their employees, and the resulting new ideas and innovative practices. 9. better insight through analytics. Adjusting talent strategy with business growth and demand is crucial to a successful hiring program, and RPO partners have the sophisticated technology and data science experience to deliver on this need. Through predictive talent analytics, RPO providers can apply historical data to reveal future trends and needs, while also helping businesses understand performance metrics, conduct more effective talent supply and demand modeling, and correlate metrics to business performance outcomes. As a result, an RPO can transform talent data into business intelligence, ensuring employers will fill positions with right-fit candidates and helping inform business decisions – such as where to open new operations – that depend on availability of resources.

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