The massive disruption and crippling change in the labor market are creating widespread workforce instability across all industries. Organizations are contending with The Great Resignation and a severe talent shortage. How can recruiting teams best move forward in this difficult candidate-driven labor market? For many, the answer is Recruitment Process Outsourcing (RPO), and our latest E-Book dives into the roadmap to RPO.
What is RPO?
Recruitment Process Outsourcing solutions can be an effective way to increase the bandwidth of your company’s internal recruitment team, accommodate unexpected hiring increases, or infuse best practices into recruiting processes to better attract talent. An RPO solution can allow your business to tap into external hiring experts for assistance with some or all parts of the recruiting and hiring process.
Why partner with an RPO?
By partnering with an RPO provider, your company can achieve the following benefits:
- Operational efficiency
- Time savings
- Cost containment
- Hiring flexibility and versatility
- Improved candidate quality
- Greater compliance
- Access to the latest tools and technologies
- Customized hiring strategy
How can direct sourcing help hire quality talent faster?
A workforce strategy that is gaining in popularity that allows companies to hire higher-quality talent faster is direct sourcing. By leveraging technology and an organization’s brand, businesses can benefit from lower time-to-fill rates, higher candidate quality, process efficiency, decreased program cost, and higher visibility.
Related: What is Direct Sourcing?
Related: Broadleaf’s Direct Sourcing Service
What does a great RPO partnership look like?
An effective RPO partnership must have mutual investment and value. “RPO is all about mutual investment. The provider and client have to share a common objective, and both have some exposure related to achieving the desired end result,” states Jason Krumwiede, Executive Vice President at Broadleaf. When RPOs providers can establish trust with their internal organization counterparts, they can proactively identify any recruiting challenges and make recommendations to increase efficiency.
The Road to Success
Today’s labor market is affecting all businesses and organizations need a solution to fill the high vacancy rates caused by a domino effect of overburdened employees, disengagement, and turnover. HR and Talent Acquisition leaders often feel like RPO could be the solution, but aren’t sure where to start. Partnering with an RPO provider like Broadleaf—that can bring value and generate proven results—is an effective way to accelerate your company’s recruiting and hiring efforts.
Download a copy of our free E-Book today for more information on what to expect—and inspect—before starting your RPO journey.