6 Benefits of Using RPO For Your Medium Sized Business
RPO has evolved over the years into a bespoke service that acknowledges recruiting is never ‘one size fits all’. We’ve established that small businesses can benefit from RPO just as much as larger companies can, but what about medium-sized businesses? These organisations often deal with periods of sudden growth, as well as having to scale down during slower times. Moreover, they are in competition with larger businesses, who already have an established brand and a streamlined hiring process. Mid-sized businesses stand to benefit greatly from partnering with an RPO provider who can develop a tailored strategy for hiring needs now and can adapt for success into the future.
1. A simplified, specialised process
If you have a mid-sized business, chances are that you have several departments. Each department requires different candidates, who demand a different approach. This can be tricky for your HR team to handle on their own. By using RPO, you can harness expertise in specialist areas, while creating an efficient, streamlined recruiting strategy to suit your specific hiring needs.
2. Increased hiring manager satisfaction
Meeting sudden hiring demands – for example, when launching a product or expanding departments – creates added pressure on your internal team, especially the hiring manager. With RPO, hiring managers can measure the success of their strategy and gain valuable insight from recruitment experts. This support avoids HR teams being spread too thin and gives hiring managers the tools to do their jobs better.
3. Analysis enables strategic planning
RPO uses the latest tools and technology to gather and assess data. You get a clear overview of the job market and can make sure your recruitment process meets candidate expectations. This also means being able to adjust your strategy to keep pace with fluctuating needs. You can get rid of any unnecessary steps and focus on future-proofing your company’s recruiting.
4. Combining flexibility with predictability
As it grows, your medium-sized company will experience hiring surges and times when recruiting is a lower priority. If last year has taught us anything, it’s that the world of work is unpredictable – but that doesn’t mean your recruiting has to be. RPO providers have established processes, so both candidates and your company know what to expect throughout. And when you need to scale up or down, RPO helps you adapt quickly and efficiently.
5. Access to quantity and quality
Smaller businesses often have a smaller reach when it comes to sourcing candidates. Your larger competitors are well-established, giving them an advantage in finding talent. RPO providers already have a broad talent pool, including passive candidates that are more challenging for companies to reach on their own. Furthermore, RPO providers carry out careful assessments, ensuring you not only have a wider choice of candidates, but also have access to the very best talent for your organisation.
6. Saving time and costs
Recruiting takes a lot of resources – both in financial investment and effort. RPO providers’ focus is on how to fill future positions as well as sourcing candidates for current openings. Being able to tap into a talent pipeline as and when you need to is essential for reducing time-to-hire. Lengthy recruitment processes are costly, so the faster you fill a position, the more your money your business saves. And because you hire better quality candidates through RPO, your organisation benefits from low employee turnover, saving costs in the long-term.
RPO is increasingly becoming the recruiting solution for companies of all sizes, due to its adaptability, speed, and efficiency. You gain access to top talent that perfectly aligns with each role within the company, while harnessing expertise and technology for best hiring practices in the future. For your medium-sized business, it makes sense to use RPO to keep up with the competition as well as keep pace with the ever-fluctuating world of work.
More Recruitment Process Outsourcing Articles:
- How does RPO reduce recruitment costs?
- 8 benefits of using RPO for your small business
- Why recruitment process outsourcing is right for your growing business
- What’s the difference between RPO and traditional recruiting?
- Why choose RPO? Seven key benefits of recruitment process outsourcing
- What is recruitment process outsourcing? RPO explained