- December 13, 2023
Recruitment Process Outsourcing (RPO) trends often dictate what would be the future of the industry. These are factors, both external and internal that will change the course and along with RPO Experts will adapt to the changes that would come their way.
In recent years, the pandemic has greatly shaped the RPO Trends, and some of the changes are very drastic and quite sudden. However, business continues to adapt irrespective of this pandemic strike.
Now two years after that pandemic, economic experts think that we are on the way to recovery and growth once again. In this blog from the experts at CROX RPO, we are going to list down some of the latest trends that you must keep in mind before you jump into next year.
What is RPO and how does it help its clients?
Recruitment Process Outsourcing (RPOs) is the process of outsourcing hiring a team and onboarding activities to service providers. These companies work to hire and onboard employees as per the demands of the client.
Some clients sign for a seasonal contract, while some sign for the longer term. The project’s scope and timeframe rely entirely on what the vendor and client have agreed upon.
Recruitment sometimes is a time-consuming process and its resource-heavy start from to finish. But RPO companies like The CROX Group are bringing talented individuals all under one roof. With these individuals, organizations can easily expand without much effort.
RPO Trends to Kickstart 2024 Right
For Both Vendors and Clients, being aware of the latest trends that will help your industry will help to ensure smooth sailing in challenging times. Here are the top trends of 2024.
- Diversity, equality, and inclusion (DEI)- Recruiters from RPO Companies are familiar with DEI as an important factor in maintaining a healthy lifestyle. It creates a healthy, functional, and fair system driving inclusivity in the workplace. Some say this is beyond the RPO trend- they are right. Along with an equal opportunities (EEO) policy, these all are put into a place wherein all parties can protect themselves inside the organization.
- Upskilling- The Market is becoming more competitive than you can imagine ever. Thus, it is essential to find the right people with the right skills and talents. RPO Specialists should be capable of identifying skills gaps that need to be fulfilled to strengthen a company’s workforce. RPOs can utilize their data to upscale strategies for clients.
- Next-Generation Technology- Another RPO Trend that is up on the list is Next- Next-Generation Technology. With almost Saas companies everywhere, the outsourced recruitment industry has taken advantage of these tried and tested technologies such as Application Tracking Systems (ATS) and websites.
- Candidate Care- It is yet another RPO Trend that has been on the rise. This means how recruiters work with their candidates and past hires as well. Most of the recruiters, whether in-house or outsourced work closely with their candidates while some don’t.
- Remote hiring and onboarding- This RPO trend has been steady since the work-from-home has grown over the past few years and businesses started to bring in more employees. Recruiters from traditional companies are quick to get on board to cater to the demand for employees.
- Reaching Remote-only Employees- This RPO trend has been steadily rising since the work from home has become mandatory which was introduced early in 2020. Due to the advantages of working from home, more and more employees are now looking for remote work. With the help of outsourced recruitment, it’s easier to find the perfect remote teams and reach remote-only candidates.
Perks of hiring RPO Company
Having a dedicated firm to provide you with talent is always an advantage. This means the client company can focus more on its activities, which is a unique way to introduce your company.
Quality Hires
Outsourced recruitment companies have extensive training programs to ensure that recruiters are ready and are well experienced to deliver quality services.
With the advanced tools, RPO Vendors can ensure low-equality hires by implementing different strategies to attract candidates both locally and globally.
Fewer Overhead Costs
As with any branch of outsourcing, the advantage of lessening overhead costs is always a plus point.
Partnering with a service provider that stays aware of the RPO Trends will lessen the need for in-house recruiters. While there is nothing wrong with insourcing and hiring in-house employees, these can cost you more as compared to the outsourced ones.
Working as a Cohesive Unit
Working with an outsourcing company doesn’t mean the businesses have to let go of their in-house recruiters. These organizations come up with systems that benefit both in-house and outsourced staff making it a blended setup.
A blended setup means that both in-house and outsourced employees work together as a team. The delegation of projects and roles doesn’t differ unless it is needed. The only difference is that one team works directly for the company and the other is for the third party.
Conclusion
Having an outsource partner who is well aware of the latest trends your organization will continue to evolve and grow. To make it easy and best for you, the team at CROX can help to stay ahead with RPO trends, get the best out of it, and overcome all your recruitment challenges so that you can focus on core business priorities.
Connect with our experts today to know more.