Have you made the decision to pursue a recruitment process outsourcing (RPO) solution for your company? If so, you'll need to shop around for quality RPO companies that might be the right fit for your organization. Before you make the decision, you need to conduct thorough research so that you can become educated about the providers in the market and develop clear goals for your bottom line. Here are some tips to help you through the process:
Determine Your Recruitment Needs
Figure out your recruitment goals, hiring counts (both at the present time and in the future) and service requirements. How much do you want the RPO firm to take over? Will you be ramping up hiring six months from now? A year? Do you need to fill permanent roles, contract positions or a blend of the two? Know where you currently experience problems in your recruitment process and how your RPO provider can improve those problems. The more you can come up with a concise picture of your needs, the better you can build a partnership with your RPO firm in the future.
Clearly Identify Your Recruitment Costs
Understanding your current recruiting costs will help accurately determine if an RPO solution is right for you. How much do you spend on agencies, job boards and contract recruiters? Cost may not be your biggest concern when considering RPO, but it often comes down to your return on investment when you are deciding whether or not to proceed with a solution. Without an accurate understanding of your cost to hire, you will not be able to make a sound decision on an RPO company to partner with.
Research RPO Firms
Like all firms, RPO providers have specialties. Seek out a list of potential RPO firms that are experienced in your particular industry. What else differentiates these firms from one another? Particular expertise in role functions? Non-exempt versus exempt employees? Geographic reach? Willingness to work onsite with your team?
After doing some basic research, narrow the list down to three or four potential firms. During the conversation you’ll want to clearly articulate your goals for both the short term and the long term. A good RPO company will listen to your needs and formulate a plan of attack based on your goals and objectives. A good RPO company will also be willing to be measured against specific KPIs.
Visit Your Potential Providers
You can learn a lot about a company by visiting its offices. Selecting an RPO provider is a big buying decision, so it’s worth taking the time for site visits to get a feel for the organization. As you walk around, take note of their behaviors. Does the company match how they described themselves? Do they display a professional attitude and an orderly workplace? Are the recruiters communicating in a professional manner to prospective candidates? How do they interact with hiring managers? If you don't get a good feeling from the company, cross them off your list.
Assess Possible Solutions
A good RPO provider will perform an evaluation on your company and provide solutions to improve your recruiting processes. However, they will need some information about your current processes first. It may take time to delve into your current metrics and research multiple RPO providers, but the more you know going into an RPO solution, the more you stand to gain. Take a look at their proposed strategies, technology and sourcing methods. Does their plan align with your company's goals and initiatives?
Choose a Provider
As you've probably realized, no two providers are alike. Each presents different technology, sourcing processes and approaches. Selecting an RPO provider that aligns well with your company's goals will help save you headaches along the way.
Hudson RPO has been named to HRO Today's Baker's Dozen List for Top RPO Providers for six consecutive years.Contact Hudson RPO to begin exploring how our products and services can help your business meet its recruiting needs, goals and objectives.