Tag

rpo Archives - SourceMatch

Recruitment Process Outsourcing

Recruitment Process Outsourcing (RPO) – a Deeper Understanding

By | Blog, Recruiting | No Comments

What is Recruitment Process Outsourcing (RPO)?

Have you heard about the latest way to find the top talent for your company? Recruitment Process Outsourcing allows companies to effectively reach the top and most appropriate candidates for job openings. RPO is a form of business process outsourcing where an employer transfers all or part of its recruitment processes to an external provider. RPO, as it’s called, channels many avenues to measure and appropriately reach the right candidates. By having a set flow, or process, companies utilize the RPO approach and maximize all avenues for candidate searches and matches. RPO starts with a recruiting company, such as SourceMatch, providing a service to a client. SourceMatch then applies a step by step process for hiring and filling any workforce gaps. We start with an ATS (applicant tracking system), then reach out and advertise as needed, carefully target suitable candidates that need to be identified, then schedule interviews, assess skills and behavior matches, select the top candidates that fit the hiring needs, check background and credentials, then you hire the right candidate for your onboarding and orientation!

When does it make sense for a company to outsource their recruitment? What are the advantages of RPO?

It makes sense for a company to utilize Recruitment Process Outsourcing (RPO). Recruitment Process Outsourcing (RPO) is a good fit for companies that find themselves in a hiring bind. Has your company found itself in any of these situations… an immediate-need hire? A reorganization in the company? Customer complaints? Internal restructures? Reduction in costs? or large scale hiring needs? If you answered yes to any of these, RPO would make sense for your company and fulfill those requirements. Does your company have high turnover? Finding talent nowadays has become increasingly difficult and organizations have trouble identifying key personnel for their growth. Have you had similar challenges for any of your positions? We’d be glad to speak with you about how we can solve these challenges working closely with your team.

How is RPO different from traditional recruiting?

Recruitment Process Outsourcing (RPO) is different from traditional recruiting just as a partner is different from a vendor. Traditional recruiting consists of keyword searches, reading resumes, and skills, then handing over the next steps to the hiring managers. RPO is more concise, more targeted, and will allow the team at SourceMatch to act as an extension of your own, as we have a vested interest in achieving your recruiting goals. RPO allows a professional to effectively handle and fully manage the most practical and effective hiring steps. RPO concisely follows a flow or process and fully oversees the candidate hiring steps from beginning to end. We take from our experience of more than 25 years of international recruiting across industries, sectors, and organizations. SourceMatch will take on all and any of the obstacles that your company may face in regards to hiring barriers while working closely with you to develop a relevant pool of professionals.

What does the outsourcing process look like?

Recruitment Process Outsourcing (RPO) begins with the definition of your exact recruiting need. In some cases, organizations might have a challenge with finding candidates, while others might have too many on their hands that aren’t suitable. With a clear objective, we build a service that complements the client’s own resources and efforts. Any of the components of our RPO solution have analytics at their core. This provides our clients’ team with transparency to understand key performance metrics at any stage of the process. While having in place clear processes and goals, we know that the market isn’t static. To address changes in demand and complexity, SourceMatch has the ability to scale allocated resources so that our teams’ efforts can address the client’s needs proportionately. Beyond the technology that enables our Engaged Recruiting RPO, our teams have a strong emphasis on staying human with benefits to both client stakeholders and candidates. Software and processes can easily lead to a transactional approach, with direct negative consequences on the quality of the recruiting process. At the end of the day, however, candidates and hiring managers alike are people with aspirations and expectations. There is much more covered by our process that would be detailed in a Statement of Work as soon as we define this with your team.

How do you outsource your recruitment process to make it more efficient?

Recruitment Process Outsourcing (RPO) makes your company’s internal functions more efficient in many ways. RPO can offer benefits such as improved hiring time, increased quality of candidates, and the provision of verifiable metrics for the recruiting process. In today’s competitive marketplace, these factors can give businesses a significant competitive edge. Making the recruitment process even more efficient, RPO gives overburdened companies an effective outlet for filling job vacancies. By allowing SourceMatch to be your RPO partner, you free up time and resources that your company may use for internal functions and management stability. At the same time, whenever you experience peaks in demand for hiring, we devise a plan to temporarily increase the number of SourceMatch specialists working with your core RPO team.

The SourceMatch Engaged Recruiting model is the upgraded RPO of today’s dynamic market

SourceMatch’s Engaged Recruiting model will fit your hiring needs. We’ve looked at the traditional RPO model and gave it an upgrade, with the desire to constantly find valuable candidates that meet and exceed our clients’ expectations, rather than rely on volume recruiting. Whenever a customer decides to use our Engaged Recruiting RPO mode, we start with a conversation about your organization. We first discuss your needs to clearly define what is it that you need to succeed. We also map your company’s work culture and your open positions’ requirements. SourceMatch then incorporates that information in our talent mapping process, targeting certain areas and a specific number of professionals that meet or exceed requirements. We do this by differentiating between active and passive candidates using our unique tools and an extensive network of professional relationships. As for candidates, we start with a simple yet powerful question as we further want to identify whether they are suitable or not: “What are the next logical steps in your career?” Too many times recruiters have treated candidates as commodities, to the detriment of everyone involved in the recruiting process.
If we see there’s a correlation between what they’re aspiring toward and want for their career, then we continue to determine their aptitudes, reliability, cultural proximity, experience, and behavioral traits. Last but not least, one of the key traits that make the difference in the success of a professional is Drive. Will they drive themselves, others, and the company toward new heights? Candidates then complete a custom set of assessments since we want to provide you with an additional layer of information about who the candidate is beyond the resume. We present our top candidates to you after we have fully vetted the applicants. We also help with job offer design and delivery.

Engaged recruiting is about having everyone engaged at every step: defining the talent you need, finding top suitable candidates, vetting them, determining the select ones that stand out, and eventually working with you to onboard the professional that can make a difference. Throughout this process, we involve you with relevant communication via email, status briefings, and data analytics pertinent for effective decision making.

Some advantages of RPO include reduced costs, reduced turnover, reduced internal strain, healthier work culture, happier staff, increased productivity, better branding, greater access to resources, and improving internal functions.

Reach out to us for a quick discussion to find out how SourceMatch can utilize RPO to suit your needs!

effective outsourcing

How Effective Outsourcing can Change the HR department

By | Blog, Future of work, Recruiting | No Comments

Benefits of Effective Outsourcing

To effectively outsource, companies must see the value of outsourcing. Outsourcing saves companies money, time, and labor expenses. By cutting costs, companies can better prepare for organizational restructures and their allotment of resources. This creates an increased efficiency within your workforce. By opening up internal resources, your company can work more effectively. In regards to HR outsourcing, companies can stay competitive by outsourcing HR tasks as this allows for a cost-effective solution. Some companies outsource HR because of benefits such as software as a service, payroll, applicant tracking, and employee training. The outsourcing provider is responsible for the upgrades and marketplace demands that may arise. After you join a partnership with SourceMatch, your company can refocus on in-house resources that make you profitable, without sacrificing quality or service. You will also receive staffing flexibility and continuity within risk management.

Benefits of HR Outsourcing

Businesses with effective HR strategies typically have better working environments and higher morale, which can increase employee retention and lower turnover costs (The Balance). Doing this, gives businesses an edge over competitors while keeping employees happy. Other benefits of outsourcing HR services include: handling the recruitment of new employees or contract workers, advertising, interviewing, background checks, dealing with disciplinary issues, managing employee safety, providing counseling to employees, limiting your business liability, keeping you on top of compliance and regulations, and arranging benefits to employees.

Outsourcing Company Expectations

To find the best outsourcing company for your needs, you need to have access to a results-driven and reliable company, with proven skills in HR. SourceMatch offers over 25 years of experience helping clients discover new areas for growth, effective project management, and recruiting. As times change and the workforce does as well, you will need to adjust company expectations as well as your HR department; to keep up with current and future trends. SourceMatch can handle your HR outsourcing needs by keeping up with regulatory compliance, employee payroll, applicant tracking, interviews, in-depth assessments, and employee training.

Types of HR Outsourcing

You will want to find an outsourcing company that can offer benefit services, consulting, renewal management, and HR administration. You are signing on with an experienced company or partner, who will handle the HR responsibilities and your talent. You will need to connect with SourceMatch to balance what you can obtain and what your company needs currently are.

When to Outsource HR?

When you notice any red flags or a series of events that can disrupt your company’s daily functions, then it is a good idea to invest in outsourcing HR services. Has your company been through several changes in its payroll system? Is your company’s management team finding HR too complex? Are you up to date on all legal changes? With the savings your company receives from outsourcing HR, you can better manage current staff and growth. Outsourcing HR allows for SourceMatch to focus on HR related information that your company may not have the time for. Your company can focus on the larger picture, rather than areas of maintenance. This creates time and money to focus more on your staff and company growth.

Talent Mapping Company

Talent mapping has become a vital resource to use in talent acquisition and retention. This method assesses current employees’ performance and matches that with the organization’s needs. It helps with future recruitment and future job needs. The main goal of talent mapping is planning for the future. Some benefits include: reducing the time of hiring, strategic talent development, inclusive employee engagement, and boosting employee morale. By partnering with SourceMatch, your company gains access to our specialized team of talent mappers and project managers. We specialize in HR talent mapping, to support our clients and their employees’ best interests.

RPO (Recruitment Process Outsourcing)

Recruitment process outsourcing is a form of process outsourcing, where an employer transfers all or part of its recruitment processes to an external service provider. By utilizing the resources of an RPO partner, companies discover more effective ways to gain and retain employees. RPO’s specialize in recruiting and retention along with an up to date knowledge of this ever-changing, competitive field. SourceMatch stays up to date and is a valuable asset for a company’s RPO challenges.

Business Process Outsourcing

BPO (Business Process Outsourcing) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider. This includes internal business functions such as human resources or finance, marketing, social media, accounting, front office, customer relations, and call center services. Due to SourceMatch’s locations (Europe and USA), we can provide our clients BPO successfully, and at a reduced cost. This allows our clients to save on expenses, concentrate on key functions, achieve results in noncore functions, expand their global presence, flexibility, and efficiency.

Positive Changes to the HR Department

How is your company culture? Have you noticed a benevolent attitude or does it seem to be going down a toxic route? A toxic work culture can lead to high turnover and poor employee motivation. The HR department can learn how to be a positive influence on your work culture by partnering with SourceMatch and letting us guide your team into positive work experience. SourceMatch can provide HR consulting services and find the right talent for a positive cultural match. We do this by training your HR team to develop the skills necessary that can identify employee norms and key behaviors for the management team to recognize. By creating a positive company culture, the results are higher productivity, increased employee engagement, and lower attrition rates.

Contact us to find out more about our HR outsourcing strategies, we would be happy to successfully identify areas that your company can excel in.