Topics: Full Cycle Recruitment, Outsourcing, Recruitment Process Outsourcing
Posted on May 06, 2022
Written By
Aanchal Jain
Full cycle recruiting refers to the recruitment process comprising six stages of the recruitment cycle: identifying talent gap and preparation, candidate sourcing, screening, selection, hiring, and onboarding. Generally, for smaller businesses, one person takes care of the full life cycle recruiting. However, in larger organizations or staffing agencies, a dedicated team and specialists take care of each recruiting cycle stage.
Outsourcing full cycle recruiting has several benefits for staffing agencies. Read below to learn more about the advantages of outsourcing the 360° recruitment process and how it can help transform the staffing business.
It is crucial to fine-tune every stage of the recruiting life cycle process to provide a great employee experience. Outsourcing the full cycle recruitment process helps carry out each task separately as a specialized recruitment function and enables sourcing and hiring the best-fit candidates for an open role. The hiring volume and staffing requirement for different industries fluctuate from time to time, making it difficult for staffing and recruitment agencies to fill all vacancies. Full life cycle recruitment outsourcing helps them overcome such problems and drives in other benefits for their business such as:
Reduced recruiting costs are one of the most significant benefits of RPO solutions and the main reason why staffing agencies should outsource full cycle recruiting. Staffing agencies spend a lot of money on headhunters and job boards to find the perfect candidate. Moreover, high turnover rates due to poor quality of hiring and sourcing result in higher recruiting costs. Many companies use outdated hiring technology, and their recruitment process is long and ineffective. Outsourcing is the best solution for staffing agencies to reduce their recruiting costs. RPO providers can find better quality candidates in less time and cost using the latest technology.
It is very important for recruiting agencies to provide a positive candidate experience as it directly impacts the company’s image in the job market. Outsourcing full cycle recruitment process to RPO providers helps establish better relationships with candidates. Personalized communications with dedicated recruiters make way for a better candidate experience. Candidates know whom to connect with, and a dedicated full cycle recruiter guides them through all stages of the 360° recruitment process. Such communication positively impacts candidate experience and company image.
Hiring managers at staffing agencies work on multiple projects at a time and are pressed to fill tons of positions simultaneously. It can be difficult for them to go through all the candidate data and find the best-fit candidates. An outsourced full cycle recruiter conducts a detailed talent search to find the most suitable candidates with the right educational qualifications and experience required for the role. Recruiters also look at the applicant’s previous accomplishments and personality traits to determine whether the candidates will stick to the new roles leading to improvement in hiring and candidate quality.
Hiring needs vary throughout the year, and outsourcing the full cycle recruitment process allows staffing agencies to add flexibility to recruitment and improve scalability. It can be difficult for staffing agencies to determine the staff requirement with fluctuating recruitment requirements. An RPO company can expertly handle the changes in hiring requirements and scale its activities according to the demand without impacting the cost of hiring. Staffing companies also benefit from outsourced recruitment services as it allows them to scale their recruitment capacity according to business growth prospects.
Outsourced full cycle recruiting leads to increased hiring manager satisfaction. RPO providers hire better quality candidates in less time and cost, making the entire hiring process more effective. A consistent and predictable recruitment and hiring process improves the candidate experience and quality of hire. Therefore hiring managers are highly satisfied with the success of their efforts and candidates brought into the company.
Hire the best offshore full cycle recruiters for your staffing agency. By outsourcing your full cycle recruiting to RPO experts, you can meet your staffing requirements in less time and lower cost per hire. Highly skilled 360° recruitment consultants take care of the six stages of your full life cycle recruiting to deliver scalable business solutions.
Book a free consultation with recruitment process outsourcing experts at the QX Global Group today if you want to transform your staffing business.
We hope you enjoyed reading this blog. If you want our team to help you resolve talent gaps, reduce costs and transform your business operations, just book a call.
Originally published May 06, 2022 01:05:01, updated May 06 2022
Topics: Full Cycle Recruitment, Outsourcing, Recruitment Process Outsourcing