-
By
Admin
Are you looking for candidates for your business even after going through multiple portals and interviews you are unable to find “The One”.
Most businesses struggle with hiring and this takes away their focus from the internal operations which slows down their operations and results in errors and overworked employees. Something we have seen with multiple businesses who choose to reach out to a recruitment firm as a last resort.
This is where we come into the picture with Recruitment Process Outsourcing (RPO)
Using Recruitment Process Outsourcing (RPO) is one of the smartest and efficient things for companies to do when it comes to hiring, its efficiency and match hiring with corporate objectives. Something we at Better Future Solutions, India are well-versed with.
However, first things first,
What is RPO exactly?
Recruitment process outsourcing is basically a type of business process outsourcing (BPO) where an employer looking for candidates for their business gives all or part of its recruitment processes to an external service provider.
Why should companies think about hiring outside help for their recruiting needs?
Recruitment process outsourcing comes with many hiring benefits for the employers. The 2022 RPO Value and Insights Study actually showed that the benefits of partnering with an RPO provider are multiple.
The data showed employers that use talent solutions from an RPO provider experienced:
- 96% improved hiring metrics
- 58% increased time to hire
- 51% increased hiring consistency
- 43% generated higher quality hires
- 42% reduced the cost of hiring
Being successful when it comes to recruitment does not just mean filling positions, but on creating very strategic partnerships that lead to long-term value. At Better Future Solutions (BFS), a leading woman-owned provider of RPO services, we understand the importance of measuring the right metrics to ensure optimal outcomes for our clients and to track the effectiveness of the approach we take. Although we work with sensitivity and go beyond numbers we also understand the numbers. Whenever we have a company reach out to us and work with us we ensure they get the best.
Here are the key metrics we track to deliver exceptional RPO services across India:
Firstly and foremost is the time taken to hire. Ever wondered how long it takes for us to find the perfect person for a job? Well, that's what we call time taken to hire. Which is basically the average time from when we first hear about a job opening to when the new hire starts working.
We're all about efficiency here at BFS, so we keep a close eye on this time-to-hire. We want to make sure we're not dragging our feet and wasting anyone's time. By tracking it carefully, we can tweak our RPO services and speed things up, getting the right people in the right jobs faster. After all, nobody likes waiting around, right?
Finding the right person for a job is about more than just filling a spot fast. It's about making sure they fit in well, have the skills needed for the job, and add value to the team.
At BFS, we take this seriously. We use a thorough process to assess candidates and keep track of how they're doing once they start. This helps us make sure we're finding the best people for our clients all across India.
Secondly, Cost-per-hire measures how much it costs to fill a job, including things like advertising and agency fees.
At BFS, we're all about finding smart ways to save money for our clients. We use our expertise and resources to make sure we're giving you the most cost-effective RPO services around. Another best way to understand our success is obviously the retention rate. Retaining satisfied clients is the important aspect of our success as a leading RPO provider. We track our client retention rate to measure the effectiveness of our RPO services and ensure we consistently deliver value to our clients. By ensuring strong partnerships and regulatory exceeding client expectations, we strive for a high client retention rate in the Indian RPO market and have been extremely successful in keeping them high, something we take pride in.
Better Future Solutions, India promises also promotes diversity and inclusion in the Indian workforce. We understand the importance of giving job opportunities based on skills and not the demographics. We monitor analytics relating to the demographics of placed candidates to ensure that we are actively marketing a diverse talent pool to our RPO clients. This may include tracking the amount of women appointed to senior positions or the percentage of candidates from underrepresented groups hired through our RPO services.Our primary goal is not to close the gap between inequality and productivity in the most ethical and professional manner feasible.
While metrics give us valuable insights, BFS goes beyond just the numbers. We understand the importance of building strong relationships with our clients, taking the time to truly understand their company culture and talent needs. Our team of experienced RPO specialists in India work collaboratively with clients to develop customised solutions that address their specific challenges and goals.
Better Future Solution as a recruitment firm that prioritises a positive candidate experience to strengthen employer brand and to attract top talent. Here how we measure candidate satisfaction through responsiveness, communication clarity, and team interaction. This helps to build long-term relationships with potential hires and attract a wider talent pool for RPO clients. We often talk about how we felt extremely proud when a young candidate reached out to us after being placed and thanked us for placing him in the best place he could work and fit right in. So this shows that satisfaction of not just business but also the candidate is really important for us. With our RPO services we make sure businesses across India find the right candidate for smooth operations and considers the candidate's fit within the company culture. We are committed to delivering exceptional service, talent and a more inclusive Indian workforce perfect for the business.
Contact Better Future Solutions to discuss your recruitment needs and focus on operations.