Today’s industry research confirms a clear business case for RPO in helping organizations achieve best-in-class talent acquisition results. Enabling companies to overcome the challenges of high cost and low performance, RPO ultimately allows key internal HR resources to refocus on higher-level organizational competencies. Companies look to RPO to source better employees, more quickly. Additionally, operational complexity, cost, and risk are reduced. When done right, recruitment process outsourcing delivers organizations a strategic advantage through the quality of their people.
Recruitment Process Outsourcing has the benefit of reducing recruiting costs and time while increasing talent quality and hire speed. “Managing people (recruiters) takes a lot of time. Now that we outsource talent acquisition, we’ve decreased our costs by 30% and increased our hiring speed by 55%. This also allows us to focus on strategic value initiatives instead of tactical and operational recruiting tasks. We wouldn’t have the time to be strategic without partnering with The Principle Group,” states Jeff Reynolds, VP recruitment for Result Technology. We at The Principle Group Provide you with reduce recruiting costs by streamlining your recruiting process and helping you find the best talent with the least Investment.
The Principle Group provides you with a customizable solution; clients have the option of outsourcing all or some parts of their recruiting systems. You can customize RPO to fit what you need, and we’ve done that. This allows our clients have a scalable infrastructure and a strategic solution. The value proposition of RPO is still resonating with clients looking for a cost-effective option to withstand the current turmoil and at the same time create an efficient talent acquisition process that can be scaled up quickly when the business environment improves.
Hiring managers know that a great candidate is much more than a combination of experience and education, but also includes personality and previous accomplishments. Hiring managers who are pressed for time to fill a position, or have a ton of candidates to go through, may not necessarily take a look at the qualities that determine whether or not the new hire will stick with the position. As talent shortages persist and global organizations seek solutions to their complex talent acquisition challenges, Principle RPO applies a proven approach to help them meet their goals. From our RPO centers of expertise to the world-class resources, processes, and technology we offer, we’re dedicated to delivering measurable results that impact our customer’s overall business success.
The employment brand is essentially the identity of the company as an employer, and when every other aspect of the recruiting process is in place and doing well, the employment brand improves.. Overall, Principle RPO helps the company in many more ways that just cutting recruiting costs or filling positions faster.
It should come as no surprise that, with all of these additional benefits, growth has been realized within the RPO sector. Employers have recognized that the cost benefits associated with an RPO are not just about the cost to hire but encompass back-office support and efficiencies, as well as the supplementary services that an employer gains with an outsourced recruitment provider.
From the perspective of an employer, an RPO brings four key business benefits: improving quality of the hiring process, reducing risk, aiding retention, and feeding into the employer’s talent management strategy which subsequently gives the business a competitive edge.