Cost Savings. RPO saves your company money over traditional hiring agencies. Staffing agencies may charge 20-30% of the salary for each placement made. If a business hires for a role with an annual salary of $100,000, it may pay $30,000 for the hiring agency’s services. RPO typically charges 10-16% for each new hire, resulting in savings that may be greater than 50%.
Access to Knowledge. RPO professionals are highly skilled recruiting experts. RPO recruitment teams work with all types of companies in many different industries. When a business hires an RPO company, it gains access to professional knowledge that a single on-site HR professional may not have. RPO professionals typically use the latest technology available to HR experts, with analytics for tracking the hiring process and best evaluating applicants.
Better Candidate Quality. RPO recruiters are skilled at understanding the experience that a potential candidate can bring to the table. They know the right questions to ask to filter through candidates. Business owners can expect high-quality candidate recommendations from RPO professionals.
Fully Scalable. Your company may not require outsourced recruiting services year-round. An RPO company can work with your business when you require assistance and be on standby when you do not. You may use their services to find one or many candidates, depending on your needs at the time. RPO professionals can help your team develop long-term strategic hiring plans to be ready for action when the company needs to grow.
More Outreach. While handling recruiting on your own may consist of posting a job listing on the company website and calling it a day, RPO professionals know numerous avenues to find qualified employees. They’re often involved in college recruiting, community organizations, and other networking associations. This can improve the pool of applicants that a company has to choose from and increase the quality of the hire.