RPO Recruiting vs. Traditional Hiring: Why Recruitment Process Outsourcing is the Future
Finding top talent for your business isn’t an easy feat. There are endless challenges you need to conquer, from intense competition for skilled candidates to a wrong candidate fit which means restarting the process, hence losing time and money. Traditionally, you’d just have to brave these challenges, but RPO recruiting is changing this narrative.
So, then, what’s the difference between RPO and traditional recruiting, and why is RPO the better choice, thus the future? Stick around to learn that and more.
RPO Recruiting Compared to Traditional Hiring
RPO is short for recruitment process outsourcing, which is a unique hiring method where companies transfer their hiring processes to third-party providers either partly or wholly. You need a top-tier RPO recruiting provider like Kinetix to enjoy the full benefits of RPO recruitment, considering there are so many providers out there, but not all meet the minimum quality threshold. The idea is to ensure that the RPO partner you choose delivers a hiring process that aligns with the objectives and values of your company.
Traditional recruitment, on the other hand, is a hiring solution that simply focuses on filling the open positions in your company. You can choose to involve a recruitment agency or hire internally through your HR team, but this process isn’t fully focused on your company’s values and culture, as is the case with RPO. When hiring using the traditional model, you’re usually mostly considering the candidates’ qualifications and experience.
Why is RPO the Future of Hiring?
You can tell, right off the bat, that RPO is the better choice since it focuses on the more detailed factors that promote the success of your business. All in all, here are the exact reasons why RPO is superior to traditional recruitment:
1. RPO is Comprehensive and Strategic
Even though recruitment agencies still have the potential to source high-quality talent for your business, these recruiters usually have a lot on their plate. They typically have to seek the right candidates for multiple companies within a limited timeframe. This means they don’t have enough time and may not put in the work to find the absolute best candidates for you. For them, this is a transactional relationship, so they’ll focus primarily on filling the open positions.
In contrast, RPO is more encompassing and strategic. RPO recruiters work more closely with their clients to understand their requirements and deliver customized solutions that meet their unique needs.
2. RPO is Quite Flexible
From the cost structure to the range of tasks that you can entrust an RPO partner with, there’s a lot of flexibility in RPO. An RPO provider can even review your existing recruitment processes and choose to work with them as is or change them so you have a totally new recruitment process.
This isn’t something you’d usually get with traditional recruitment models. Recruitment agencies typically only have one goal: to fill the open positions in your business, and that’s it. Even their cost structure will be more rigid.
3. RPO is Cost-Effective
Thanks to the flexibility that RPO brings to the table, it is the more cost-effective hiring solution when compared to traditional recruitment. With RPO, the chargeable fee will be based on variable pay-for-performance fees, management fees, or a combination of both. On the other hand, traditional recruitment is more than often based on a percentage of the candidate’s annual salary, on condition that the placement is successful.
In this case, the traditional recruitment model is more rigid in terms of cost, whereas RPO saves cost by making it possible to pay only for what you need when you need it.
4. RPO is Focused on Long-Term Results
One of the most important differences between RPO and traditional recruitment is their approach to results. RPO is based on a long-term, result-oriented approach, whereas traditional recruitment solutions mostly have a short-term opportunistic approach. For traditional recruitment agencies, quick results are a major priority since they work on a commission basis. This makes traditional recruitment a great choice for temporary projects that wouldn’t really benefit from a long-term strategy.
RPO providers, in contrast, are in it for the long run. They aim to work with your company and develop a partnership that leads to hiring success over a long period. They even take their time to create a broad talent pipeline of potential candidates (passive and active) so they can offer exactly what you are looking for at the right time.
Build Strong Teams With RPO Solutions From a Popular Provider
Now you know the difference between RPO and traditional recruitment solutions. The summary here is that RPO is great for both short-term and long-term roles, whereas traditional recruitment is more biased toward short-term roles due to its nature of operation. That’s why RPO is the future of hiring.
Kinetix offers premium RPO services to ensure you get the right candidates for your business whenever you need them. Visit kinetixhr.com today to learn more and get started on a journey of recruitment excellence!
