India is increasingly taking to recruitment popularity outsourcing (RPO) with companies outsourcing large chunks, if not their entire, hiring process, reports DNA.
This, companies feel, makes the process more efficient, as well as cuts costs and overall recruitment time.
This leaves more time for companies to focus on their core business, says Amitabh Das, the founder and CEO of Vati Consulting, a recruitment services firm. "With the recovery in the economy, firms are now expanding their business, and recruiting quality manpower has become an arduous task for them. This is making them outsource most of the processes to a third-party vendor," he says.
Accenture has taken the RPO route some time ago and is being followed by companies such as ITC and Fiserv, which slashed its hiring budget by 25 per cent by outsourcing most of its recruitment process.
Speed and low cost are the biggest advantages of RPO firms, feels Syed Kaleem Raza, the general manager (recruitment) of Fiserv.
"I feel more and more companies would look for it as a good RPO service provider can help organizations build scalable recruitment teams, predictable delivery mechanisms and at the same time get better cost options," he says.
"But one needs to be careful against agencies that claim to be RPOs but are nowhere close to it. Also, if the agency is not competitive enough, there can be wrong people on board, which will bring a bad name to the company," he warns.
RPOs should have the capability to manage the entire process, says the global head of staffing for MphasiS, Narayanan Nair.
Source: BPO Watch India
This leaves more time for companies to focus on their core business, says Amitabh Das, the founder and CEO of Vati Consulting, a recruitment services firm. "With the recovery in the economy, firms are now expanding their business, and recruiting quality manpower has become an arduous task for them. This is making them outsource most of the processes to a third-party vendor," he says.
Accenture has taken the RPO route some time ago and is being followed by companies such as ITC and Fiserv, which slashed its hiring budget by 25 per cent by outsourcing most of its recruitment process.
Speed and low cost are the biggest advantages of RPO firms, feels Syed Kaleem Raza, the general manager (recruitment) of Fiserv.
"I feel more and more companies would look for it as a good RPO service provider can help organizations build scalable recruitment teams, predictable delivery mechanisms and at the same time get better cost options," he says.
"But one needs to be careful against agencies that claim to be RPOs but are nowhere close to it. Also, if the agency is not competitive enough, there can be wrong people on board, which will bring a bad name to the company," he warns.
RPOs should have the capability to manage the entire process, says the global head of staffing for MphasiS, Narayanan Nair.
Source: BPO Watch India