RPO Recruitment: an emerging choice for immediate and long-term staffing.
Let us first understand what all this big talk about RPO Recruitment is all about, which is being increasingly spoken highly of in management consultancies worth their weight in infrastructure, experience and staffing expertise. RPO stands for Research Process Outsourcing and RPO Recruitment thus involves delegating the responsibility of matching and hiring suitable candidates for a particular industry that has chosen to transfer this staffing solution to an outside entity, sometimes across different continents as well.
RPO recruitment was first popularized in India by the IT and biotech industries and soon banking and financial services firms also followed suit on finding the high success rates and cost-cuts afforded by management consultancies fully equipped to deal with specialized staffing needs at mid-and-senior levels especially. This also meant the burden on an in-house HR department was considerably lowered and this important subdivision of any business house could then concentrate on other matters of employee satisfaction, which are equally necessary considering attrition rates are reaching alarming proportions even in the most well-managed organizations and keeping executives job-happy is crucial to a company's continued success. Thus, when India 's biotech female lead, Kiran Mazumdar-Shaw was also reported to have recommended a future in RPO recruitment outsourcing by clients, there was no doubt left that RPO recruitment, a key component of Human Resource Outsourcing, was truly here to stay on Indian shores!
Functions of an RPO Recruitment Vendor: The main function of an RPO recruitment vendor's team is to basically handle all the staffing related work for their clients
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