Recruitment is crucial for every business, but as many as 75% of companies struggle to recruit effectively.
There are many approaches that an organization can take to help improve recruitment. Many seek out the assistance of recruitment process outsourcing companies as they offer a range of benefits that can take the struggles of recruitment away.
Before you get started, however, you need to find the right recruitment process outsourcing agency to work with. To do this, there are various factors you need to consider.
Let's take a look at some vital questions that you should ask to help you find the best recruitment process outsourcing agency to help your business.
1. What Expertise Do You Have in Recruiting in My Industry?
It's important to understand that recruitment process outsourcing companies can vary a lot, both in terms of how they work and the businesses they typically serve. It's best to find one that has experience in forming recruitment strategies for businesses similar to yours.
If they have no experience recruiting in your industry, they might not have the most suitable recruitment techniques. Ideally, you want to find a company that has a proven track record of effective recruitment within similar companies.
This is especially important if you need to fill roles that require specific certifications or qualifications. A recruiting team that's familiar with these will have an easier time finding the right talent for you.
2. What Type of Benchmark Data Do You Provide?
Knowing what to look for in an RPO provider is crucial, and one key thing to check is the kind of benchmark data they provide. This data can be very effective when evaluating recruitment processes. You can see how effective things are and plan better for the future.
It's best to find an agency that offers meaningful, actionable data. This can vary depending on the industry, so consider what's most important to your business. Bear in mind that most RPO agencies don't provide this kind of data to their clients, so ensuring this will give you an edge that will help with business growth.
3. What Are Your Rates and Fee Structure?
One of your main limitations may be your budget, so you need to make sure you can afford the services that an RPO agency offers. There are several common models that you're likely to encounter.
The cost-per-hire model charges per hired candidate. This is best for filling roles quickly.
The management fee model typically involves a monthly or annual fee for everything. This could be best if you want a continuous service.
The cost-per-slate model uses a fixed price for each pre-screened group of new employees hired. Internal recruiters can select hires with this approach.
The cost-per-transaction model charges specific fees for set services or offerings beyond recruitment.
Consider these models and how each one would serve your business to find the best option.
Working With Recruitment Process Outsourcing Companies
If you need assistance with finding suitable talent, consider recruitment process outsourcing companies. They're the experts in finding suitable hires for all kinds of positions so you won't need to worry about recruiting internally.
For more business articles, check out some of our other blog posts.