RPO stands for Recruitment Process Outsourcing, which is a recruitment model where a company outsources all or some of its recruitment process to a third-party provider. RPO providers are responsible for managing the entire recruitment process, including sourcing, screening, interviewing, and onboarding candidates. RPOs are typically used by companies that need to hire a large number of employees in a short period of time, or by those that don’t have the in-house expertise or resources to manage their recruitment process effectively.
There are two main RPO models prevalent: full cycle RPO and project-based RPO. Full cycle RPO involves outsourcing the entire recruitment process to the provider, while project-based RPO involves outsourcing specific recruitment projects to the provider. In both cases, RPO providers use their expertise and resources to streamline the recruitment process, reduce time-to-hire, and improve the quality of candidates. The RPO model has gained popularity in recent years due to its ability to offer scalability, cost-effectiveness, and access to specialized recruitment resources.