Connecting...

recruitment process outsourcing

10 Benefits Of RPO (Recruitment Process Outsourcing)

recruitment process outsourcing

When choosing any product or service, one of the main considerations is always ‘how is this going to help my organisation?’ If a company chooses an RPO provider that is the correct fit for them, one that understands their culture, values and hiring goals, then the benefits both long and short term, can be enormous.

 

The main benefits associated with RPO are:

 

1. Stronger Quality of hires

This is the main purpose and advantage of an RPO provider. They invest their time, energy and resources into sourcing, screening and presenting the cream of the crop in terms of available talent to the client. The aggregated talent stream offers a cultivated pool from which to search.  Referral activation is often a unique feature of RPO.

 

2. Cost Reduction

Obviously one of the prime advantages of RPO is its cost effectiveness. The bottom line is that RPO saves companies money in the long run. RPO providers can scale up and scale down their recruitment activity to match the fluctuating hiring needs of the client. In business, to use the old adage, time is money. Every day that a position remains unfilled costs a company. Filling vacancies fast is better for productivity and reduces the amount of HR resources spent on sourcing candidates. RPO providers are ultimately measured on time to hire, cost of hire and quality of hire.

 

3. Scalable Model

As companies experience peaks and troughs to staffing an RPO model is calibrated to flex accordingly. If a company is expanding or opening a new department it will need more staff, while if it is downsizing or it has to implement a hiring freeze, it will not.  RPO providers have structures in place to adapt to any situation. They can scale their recruitment team up and down as needed. At the end of the day the client pays for what they get; successfully filled vacancies, nothing more, nothing less. RPO providers are flexible and can accommodate every situation. Prices are based on closed positions.

 

4. Reduced Time to Hire

Internal RPO resource models scale to overcome the challenge of tight time to hire deadlines. Most RPO providers will have established time to hire models.

 

5. Talent Pooling 

The RPO provider will present the client with the best people for the job. All strong candidates are pooled and actively engaged with, creating a community for future hiring.

 

6. Recruitment Process and Assessment Design

RPO providers may re-engineer a company’s entire recruiting process so that it is consistent across all departments. This makes it easier for management to follow progress and understand how the procedure is developing at any given time.

 

7. Analytics and Reporting

RPO providers track and trace every stage of the recruitment process allowing for real-time reporting and detailed insights for prompt decision making. This also makes it a lot easier for future audits of recruitment activity.

 

8. Enhanced Stakeholder Engagement

RPO enhances hiring manager and senior leadership engagement through fulfilling pre-agreed SLAs. The quality of hires and the efficiency of the recruitment procedure lead to high levels of HR satisfaction which can only be good for productivity. Essentially RPO allows the client get on with the business of being a business.

 

9. Excellent compliance regulations

RPO firms are experts on labour laws and standards. Detailed records are kept, mapping every stage of the recruitment process. They are guaranteed to implement fully complaint, auditable processes and methods.

 

10. Reduces the Need for Direct Advertising

Advertising is expensive. When a company engages with an RPO provider they drastically cut back on those costs. The need to advertise in all the regular, costly outlets is eliminated. The RPO firm assumes responsibility for finding the candidates. They go to them, instead of having them come to you. They have all the necessary resources for tracking the strongest available people.

 

 

Contact Us

For a confidential discussion on how we can assist you with your staffing and recruitment needs, please contact Kate McGuinness on +353 1 4744609 or email kmcguinness@sigmar.ie.

 

Posted by Recruitment Consultant, Sigmar on 7 December 2017

Related Content

W1siziisijiwmjivmdqvmjavmtcvntivmzgvnjk2ntc0mtgtzjm5nc00y2fjlwizmwytndq5mtcyntq1m2qyl1nuqvrfu1qymi0xmjkuanbnil0swyjwiiwidgh1bwiilci0mdb4mjywiyjdxq

Ireland Gateway To Europe 2022

Ireland Gateway To Europe 2022

Sigmar Recruitment were proud to lead Ireland Gateway To Europe, the largest ever private sector trade mission with over 70 Irish business leaders to Chicago and Boston, joined by former Taoiseach Bertie Ahern, from April 5-9th 2022. View Week in Review PDF   The Sigmar and Groupe Adéquat Team at Ireland Gateway To Europe 2022   CHICAGO The delegation visited Northwestern University for a tour of the Athletics department before lunch with Coach Fitzgerald and his team, in advance of the Aer Lingus College Football Classic taking place in Dublin this August.   The group then attended a special session where Dean of Kellogg School of Management, Francesca Cornelli, interviewed former Taoiseach Bertie Ahern about his role in the peace process.   BOSTON The group headed to Boston the next day firstly attedning the Boston College Ireland Business Council (BCIBC) Dinner. We were delighted to welcome, one of Ireland's most respected global entrepreneurs, Rosaleen Blair, CBE to the board of the BCIBC where she was joined in conversation with CEO of Globalization Partners Bob Cahill and CEO of DraftKings Inc. Jason Robins on Today's Leadership for Tomorrow's Work at the BC Club. The event was moderated by Sigmar CCO, Robert MacGiolla Phádriag. The next morning, Drift kindly hosted the Transatlantic Tech Leader Breakfast where we were joined by one of Irelands most exciting tech leaders, founder of Woebot Health, Alison Darcy and CEO & Founder Compt, Amy Spurling along with Boston City's tech leaders, moderated by Sigmar CCO, Robert MacGiolla Phádriag. Sigmar CEO Adie McGennis (above), Sigmar Director Mike McDonagh (below) At lunchtime, Silicon Valley Bank, kindly hosted the joint BCIBC & Boston College CEO Club Lunch with two pioneers of the future of work, Eric Mosley, CEO of Irish unicorn Workhuman in conversation with Rosaleen Blair, CBE, before the group attended private event hosted by Edward M. Kennedy Institute for the United States Senate.   A huge thank you to our delegates, members of Ireland Gateway To Europe, hosts, partners Newstalk, Business Post and sponsors on both sides of the Atlantic.   Listen to all of Newstalk's coverage of our trip    

W1siziisijiwmjivmdmvmjivmdkvmzgvmdyvzjnjzdk0njqtyjk0ms00ymfjlweznwitntfimzu0othhmdeyl0fkb2jlu3rvy2tfmzm0otuynzq2lmpwzwcixsxbinailcj0ahvtyiisijqwmhgynjajil1d

1 in 3 of workers in Ireland have NEVER set foot in the workplace as only a quarter now working fulltime in office

1 in 3 of workers in Ireland have NEVER set foot in the workplace as only a quarter now working fulltime in office

Talent Summit Employment Survey 2022 -  The Talent Summit Employment Survey 2022 was commissioned by Sigmar Recruitment in partnership with Globalization Partners, the world’s leading global employment platform, as part of Talent Summit 2022.   At a glance: 35% of Ireland’s current workforce has never been to the office. Major social/ psychological implications.  26% now full time in office, 30% hybrid, 44% full time remote 81% of employers to recruit in 2022 69% of employers to offer pay rise of 9% in 2022 (while 84% of employees expect pay rise) New Legislation - 53% of workforce can choose where they work. 68% of this population expected to choose to work from home.    Says Talent Summit founder and Sigmar CCO, Robert Mac Giolla Phádraig: “The world of work has been in a flux for the past two years, as things begin to settle, the question of workplace remains up for debate as unprecedented levels of churn within the workforce has caused the power to shift from employer to employee. Many people are now choosing to work permanently from home, which in turn is being supported by the new legislation, forcing many employers to soften their rhetoric around returning to the office. Does this work for the employer and employee? Well, I think the remote experiment seems to have worked in the short term at least with full-time remote here to stay, but not at its current level. Hybrid working models are really in their infancy and the employers are facing into uncharted waters when it comes to  sustaining individual flexibility for all, as choice around workplace re-emerges. While there are clear benefits to remote work, I don’t think we have enough data or evidence on the impact of long term, deeply individualised, isolated work has on our people and society.”    Nick Adams, Vice President, EMEA, Globalization Partners comments, “The past two years have triggered the world’s biggest remote work experiment, and it is changing not just the way we work but the way we hire and onboard talent too. Companies are finding the best talent all over the world and not just on their doorstep. Talent shortages may be a thing of the past: The solution is to go where the talent lives.”   ---------------------------- Over 1/3rd (35%) of the current workforce has never set foot inside their place of employment, according to new research carried out on behalf of this week’s Talent Summit conference in Dublin.    The Talent Summit Employment Survey 2022 suggests that just 26% of the workforce is currently working fulltime in the office with 44% working full time remotely, and 30% hybrid.  The Right to Request Remote Working legislation will have a significant impact in 2022 with 53% of workforce in a position to choose where they work. 68% of this population is expected to choose to work from home.  The recruitment market is at the highest it has ever been in the 20-year history of Sigmar Recruitment.  81% of employers will recruit in 2022.  Pay is set to be a major issue in 2022 with 84% of employees expecting a pay rise. Employers are open to discussing the issue with 69% of employers agreeing to offer pay rises this year. The average pay rise on offer is 9%.  According to Talent Summit founder and Sigmar CCO, Robert Mac Giolla Phádraig, Ireland is at the forefront of the changing work model globally: “As a central hub of some of the world’s most progressive and innovative companies, Ireland is now emerging as home to companies who are at the forefront of moulding, shaping and shifting how, where, when and by whom work is done as we emerge from the pandemic. While remote and hybrid working seems to be working for the employer with just 15% finding it a hindrance, my concern is that we have an entire generation of workers who are missing out on the social and psychological benefits of working in a communal environment with friends and colleagues.”     Talent Summit 2022 Employment Survey Highlights  Micro-environment - Out of Office 35% of the current workforce were hired since the pandemic and have never been to a physical workplace.  Major psychological and social implications. Isolation an issue.   Majority of workforce choose full time remote even with offices reopening: 26% full time in office (34% anticipated in 2021) 30% working hybrid ( 44% anticipated in  2021) 44% full time remote  (22% anticipated in 2021)   95% of hybrid workforce work 3 days of less in the office – majority choose two days 40%   31% of workforce expected back in office by end of year   Sentiment this year is that office space will remain the same. In 2021, 40% expected a reduction.     Macro-environment - Talent shortage economy. With the presence of a massive talent shortage economy, pressure is on all fronts; internal retention, external recruitment and costs. Recruitment and retention are the top 2 priorities for HR Leaders  - 12 months ago it was wellbeing and employee experience. Hyper competition for talent: This year sees the highest number of employers anticipating adding staff (81%) over past 5 years. Recruitment has gone global: Opportunity now finds talent. 62% have recruited outside of Ireland and 77% are willing to hire wherever talent resides. Labour costs: 69% of employers expect to increase salaries by 9% (highest gross uplift we’ve seen in doing this survey the last 5 years). Employee expectations have soared: 84% anticipate a pay rise compared to 54% in 2021 – leads into a further cycle of attrition.     Legal Environment - Right to Request Remote Work With 53% of workforce having control over where they choose to work from highlights the potential threat proposed legislation (in Ireland) to offer the right to work remote may pose. We may in fact be alienating nearly half the working population creating new unintended workplace biases. Employers anticipate that 68% of this population will choose long-term remote working options, which means the proposed legislation applies to 36% of the overall workforce population 68% of workforce expect long-term remote working options. 53% of workforce are expected to be given long-term remote working option. When asked what impact the proposed legislation will have on their organisation, 33% of respondents said it would help, 52% said no-impact and 15% said it would hinder.   ABOUT THIS SURVEY The Talent Summit Employment Survey 2022 was commissioned by Sigmar Recruitment in partnership with Globalization Partners, the world’s leading global employment platform  as part of Talent Summit 2022. This is the fifth year the study has been conducted, measuring the pulse of Talent Leaders on a range of Talent Topics. The survey ran from 09/02/22 to 12/03/22 with 153 respondents. 63% Senior HR leaders and 37% Business owners/ leaders across all company sizes, sectors and industries.  Europe’s largest HR, work and employment conference, Talent Summit 2022 will take place in Dublin’s Convention Centre on Thursday, 24 March, 2022.  With 2,000 people in physical attendance, as well as countless set to attend virtually, Talent Summit 2022 will see the largest group of HR leaders to convene in Europe since the pandemic.  www.talentsummit.ie

W1siziisijiwmjivmdivmjgvmtevmjavntcvmmmxywzmmdqtnmq5mc00m2nilwiwyjktyjjizdkyogq3ntbll0fydgjvyxjkideucg5nil0swyjwiiwidgh1bwiilci0mdb4mjywiyjdxq

Sigmar Recruitment wins Recruitment Agency of the Year at ERF Awards 2021

Sigmar Recruitment wins Recruitment Agency of the Year at ERF Awards 2021

We’re thrilled to announce that Sigmar Recruitment picked up Recruitment Agency of the Year and Best in Practice – Sales & Marketing at the 2021 Employment & Recruitment Federation Awards on Friday 25th February 2022. In a year that Sigmar Recruitment will celebrate another major milestone; of being in business for 20 years, we are over the moon to receive this recognition. Speaking on the win, Sigmar CEO, Adie McGennis said; “It is a great testament to every single person in Sigmar and the professionalism, coolness and positivity they displayed over the challenges of the pandemic. Their ability to get involved in not just providing excellent service to our clients and candidates but initiatives such as Talent Summit and Ireland, Gateway to Europe, I’m so pleased for the team to receive this recognition. It has been a record-breaking year and this is the crowning achievement.” Alan Murphy who accepted the Best in Practice – Sales & Marketing Award added, “We are delighted to have won this award again after what has been a challenging but ultimately rewarding year in recruitment. It’s a testament to how the team adapted to the demands of the market and will inspire us to continue to grow our high performing team and offer a best-in-class service to our candidates and clients alike!” The postponed ceremony took place in the Shelbourne Hotel and was attended by over 360 guests. The awards are designed to identify and reward excellence in recruitment in Ireland and is judged by an independent panel, including representatives from the international recruitment sector, the National College of Ireland and DCU. A huge congratulations to all of our fellow ERF Award winners and nominees. Visit the Employment & Recruitment Federation website to see a full list of the 2021 winners.