Recruitment | bankingbpo.com

Archive for the ‘Recruitment’ Category

Recruitement Process Outsourcing (rpo)

Tuesday, January 15th, 2008
business process outsourcing
Jason asked:


What is RPO ?

After the boom of Business Process Outsource and Knowledge process outsource, the outsourcing Sector is now progressing and gearing up towards a new concept called RPO (Recruitment Process Outsource).

What does RPO do ?

Well, it takes the burden off the head-hunting business of the corporates.

Some of the “Recruiting Gurus” believe that there has been a sudden rush in the demand for

candidates as the global job scenario looks in great shape. Hence, an RPO organizations come with a team of their recruiters to bridge this gap between the demand and supply of quality candidates.

While in outsourcing hubs like India,Philippines and others alike, the RPO concept is still taking its shape, the western countries are already ahead on this concept.There are only a few such organizations in the developing countries who are catering to the various multinational or localized needs of hiring employees for the corporates.

It would be apt to say that in the countries where the BPO industry is booming the RPO is still in its infancy.There is a need to research the market and forecast the market in order to server the clients better and more efficiently.

Who needs RPO ?

IT, finance, banking, pharmacy, life sciences, retailing are some of the areas these RPO organizations are currently providing their services to. Now, these are the sectors where there has been a sudden rush of demand for candidates.

Again, a solution to this gigantic effort would be a multi-channel sourcing strategy because no one sourcing technique works. If it would, there would be no need for RPOs now, would there be ?

In today’s changing job scenario, no employee believes in sticking to the same organization for more than two years. Hence, companies spend a lot of money and time in hiring and Human Resources. This is where an RPO organization comes in and helps as a recruiting and consulting firm, as this is their specialty.

Sometimes, when corporates aspire to build large talent pools within a short time span, they are at a loss when it comes to assessing and selecting quality resumes or candidates. Here the RPO organization pitches in by recognizing and zeroing in on the right talent form a large talent pool.

An RPO organization directly approaches employers with the right kind of professionals, starting from a fresher to filling up the position of a well-experienced director. There are many foreign or multinational companies that are opening offices in various other countries, especially India, and are looking for the right professionals to handle their operations. RPO organizations provide them with the “Prince Charming” they need.

With the global changing scenario of employment, RPO organizations would prove to be a perfect solution to corporates and even smaller companies alike, as they would play a very important role, soon. This would, in turn, take off the pressure from the HR teams of the companies.



Content