Recruitment Process Outsourcing (RPO) is a rapidly growing trend in the HR and recruitment space as more companies look to outsource their talent needs. In fact, according to data from ResearchandMarkets.com, the global RPO market, which was estimated at $5.9 Billion in 2020, is projected to expand at a compound annual growth rate (CAGR) of 17.3% to $18.2 Billion by 2027.
A variety of fast-growing industries looking to stay focused on their core competencies—industries like healthcare, pharmaceuticals, IT, hospitality, telecommunications, manufacturing, construction, and more—are increasingly relying on RPO solutions and driving this growth.
Many organizations no longer view RPO providers as merely a means for cost- and time-savings in the recruitment process, but as essential partners for optimizing their entire HR function.
Simply put: RPO providers get results. They have the expertise, the tools, and a vast amount of data to significantly improve quality, efficiency, scalability, diversity, and agility in the recruitment process and the candidate experience.
So, what exactly is RPO, how does this service work, and what are the benefits? What’s more, which type of RPO solution is best for your company?
Download this guide from Hueman RPO to learn everything you need to know about recruitment process outsourcing, including:
- What is RPO?
- RPO Solutions, Features, and Pricing Models
- Identifying the Need
- Benefits to You
- Selecting the Right RPO Provider
- Implementing and Managing an RPO Solution