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As much as we'd like to give you a concrete answer, we can't. This is because the cost of RPO / Managed Service varies a lot depending on several factors, some of which include the scope of work, hiring volume, and the positions that you're hiring for.
Another factor that can influence the cost of RPO / Managed Services is the pricing model that you and your RPO / Managed Service provider decide to use. Some examples of pricing models within the RPO / Managed Services industry include cost-per-hire, cost-per-resource, transaction-based pricing, or a hybrid of them all. If you'd like to get a bespoke quote from G-NIUS, cick here to book a free confidential call today.
When outsourcing recruitment, you have to be very careful with the RPO / Managed Service provider that you decide to partner with. Whether you're looking for a global recruitment process outsourcing partner or one that can help you find talent locally, the last thing you want is to partner with the wrong RPO / Managed Service provider
To help you prevent that, here is a list of things that you need to pay attention to when screening for your strategic partner in recruitment outsourcing:
Whether you're struggling with high-volume hiring, finding qualified talent, building talent pools, or anything else - do your research and carefully consider all of your options before making a decision. If you’re exploring the option of outsourcing recruitment or seeking a consultation regarding the employee experience, our G-NIUS team would love to hear from you! Click here to book a free confidential call today.
Although both RPO / Managed Service providers and recruitment agencys tend to have the same end goal - finding qualified talent to fill vacant positions, their scope and nature of work are very different.
In terms of scope of work, recruiters tend to focus on specific parts of the recruitment process - be it sourcing candidates or conducting interviews. RPO / Managed Service providers, on the other hand, tend to offer more comprehensive recruitment solutions that cover the entire recruitment process from end to end.
In terms of engagement, RPO / Managed Service providers tend to enter longer- term strategic partnerships with clients and act as an extension of their current recruitment team. On the flip side, recruiters usually work on a contingent or a retainer basis, where they are paid a fee for finding and placing a candidate in a vacant position. Oftentimes, once the vacant position is filled, the recruiter is done with the job, and they move on to a different client. If you’d like to find out how G-NIUS can help you overcome common recruitment hurdles, save money, and increase the quality and choice of talent you get, let’s have a chat. Click here to book a free confidential call.
The term RPO is short for recruitment process outsourcing. RPO / Managed Service providers specialise in helping businesses stay on top of their recruitment processes by providing various outsourcing solutions, including:
• Candidate Sourcing, Screening, and Assessment
• Applicant Tracking System (ATS) Management
• Recruitment Process Design and Optimisation
• Talent Acquisition Consulting
• EVP and Employer Branding
• Data Analytics and Market Intelligence
• Compliance and Governance Management
• Onboarding Support
• Talent Pipelining
In more basic terms, RPO / Managed Service providers act as the sole Talent Acquisition function or as an extension to the existing team, providing project or permanent recruitment services, which can be scaled up or down as per the needs of the business. An RPO / Managed Service provider can be of great benefit to a business by increasing the quality of your talent pool, reducing recruitment spend and streamlining your processes to substantially reduce time to hire. Want to learn more about how G-NIUS can help support your organisation? Click here to book a free confidential call.
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