TalentPoint provides a scaleable Recruitment Process Outsourcing (RPO) model that guides you through the challenging process of identifying and selecting the best available talent. Like many globally successful businesses, TalentPoint has developed a procurement based, best practice approach to the Total Cost of Acquisition [TCA].
Our proven methodologies create a total outsource solution that enables you to ‘Future Proof’ your internal recruitment environment with the following benefits:
- Dramatically reduce both ‘time to hire’ and ‘cost per hire’
- Create a Proactive ‘delivery on demand’ environment
- Reduce your current recruitment spend by between 50 - 70%
- Significantly improve the effectiveness of your corporate recruitment process
- Concentrate human and capital resources on core competencies
- Reduce management time spent involved in resolving recruitment process issues
- Improve quality and statistical data for effective management reporting
- Use the leverage of a single supplier to tap into multiple, outside resources
- Replace current recruitment costs with a transparent and fixed pricing model that employs recruitment budget dollars more strategically
- Access proven talent acquisition technology to develop your own sustainable talent database
Whether your company is a start up, in growth mode or mature, our RPO model will guide you through the maze of finding and hiring the best available talent.
What is RPO?
Outsourcing is the management and/or day to day execution of a business function by a third party service provider. Outsourcing can be provided on or off premises, in the same country or in a separate country.
RPO then takes outsourcing one more step to a specific department, in this case, HR or Personnel. RPO is a subset of BPO which is very new, few people have heard of it, and only a handful offers it.
In most organisations, the recruitment function is either assigned to various people in HR, or is comprised of a dedicated group within HR. It is a critical function, which includes sourcing, assessment, interviewing and sometimes new-hire administration and orientation. An effective RPO arrangement involves standardised recruiting processes and platforms for workforce planning, applicant tracking and workflow. By specialising, an RPO firm can invest in the most efficient technology and processes; this includes recruitment strategic planning, staff resourcing as well as third party vendor management.
A typical RPO engagement will include the change management, implementation of an ‘outsourced’ internal recruitment team, establishment of our (PRM) Proactive Recruitment Methodology ©, and delivery of integrated end-to-end recruitment processes across the entire business including resource mapping, resource management and recruitment project lifecycles. To help you further understand what RPO is, it is important to understand what RPO is not……...
RPO is NOT the following services traditionally offered by Recruitment Consulting Companies:
- Master vendor
- Managed recruitment services
- Contracted onsite recruitment services
- A recruitment sole supplier relationship
- A preferred supplier relationship
RPO activities can include:
- Talent mapping
- Talent management
- Talent pool development and training needs analysis
- Executive search and selection
- Permanent recruitment activities
- Contractor management
- Redeployment and outplacement
- Graduate recruitment programmes
- Multi channel sourcing - strategic development and execution
- Vendor management for recruitment advertising, employment agencies and temporary staffing suppliers
- Talent pool systems implementation, administration and training
- Recruitment training (internal hiring managers)
- Recruitment process reporting (financial/process improvement)
- Employee engagement, measurement and retention consulting
- Pre employment assessment (research and advice on the utilisation of appropriate testing tools)
- Career coaching
Benefits of RPO include:
- Proactive recruitment implementation (improve hiring decisions, talent retention and considerably reducing management stress!)
- Reduced ‘time to hire’ by up to 60%. (critical in resource areas of high skill shortage, high competition/demand such as IT, Technical or Health sectors)
- Reduced ‘cost per hire’ (50 – 70% Net savings on existing recruitment spend)
- Consolidated invoicing i.e. one monthly invoice
- Establishment of streamlined recruitment standards (improved quality of CV’s, internal/external processes and internal procedures)
- Customised talent attraction strategies to improve quality and guarantee the sustainability of your organisations talent pool
- Implement easy to use technology enabling re-engineering of recruitment processes to achieve stated talent management goals
- Knowledge transfer to create a position of self sufficiency that future proofs your ability to attract and secure top talent without the dependency of external agencies and suppliers
- Improved process, quality and performance benchmark reporting for all stakeholders
TalentPoint offer both a full or partial outsourced model that is flexible in its solution by utilising ‘plug and play’ TalentPoint professionals. TalentPoint is able to add Recruitment and/or HR talent to assist an organisation during peak hiring times or HR project times. This enables efficient use of our resources ensuring cost vs benefit ratio’s are maximised for the client.
For further Information on RPO contact us.
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