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As the talent shortage worsens and competition intensifies, you must recruit qualified candidates fast. This is where recruitment process outsourcing (RPO) becomes valuable.
As a specialized business process outsourcing (BPO) model, RPO provides in-depth knowledge, advanced technology, and dedicated attention to fill positions faster than traditional hiring methods.
This article explores how RPO improves hiring speed without sacrificing service delivery and quality. Read on to learn more about why these external partners are crucial in HR management below!
What is RPO’s role in expediting recruitment?
According to Research and Markets, the global RPO market could reach $23 billion by 2030. This is due to more companies prioritizing flexible and speedy recruitment strategies.
To understand RPO’s role in accelerating the hiring process, let’s first discuss the definition of BPO. Business process outsourcing involves offloading tasks to external providers to boost efficiency, scale quickly, and reduce operating costs. One common function of a BPO is HR management, which includes recruitment.
Recruitment BPO reduces the time spent on transactional work, such as application screening or document processing. Providers also follow standardized workflows to maintain compliance, expedite onboarding, and avoid job posting errors.
However, traditional BPOs emphasize execution, not niche strategy. Using templated processes and bundling hiring with other functions also makes them less agile and unfit for a client’s industry or culture.
RPO providers differ:
- They specialize in hiring. Their teams have robust access to talent pipelines, market insights, and sourcing technology.
- Unlike BPO firms, they don’t treat hiring as a side function. RPO companies prioritize time-to-fill. They deploy resources quickly when volumes spike without compromising candidate quality.
Both free internal HR teams to focus on strategic activities. But BPO teams are ideal for streamlining repetitive, high-volume, but low-complexity functions. RPO providers shine in supporting strategic end-to-end hiring, accelerating time-to-fill while finding the right talent.
How RPO improves hiring speed in 7 ways
If speed is your hiring bottleneck, RPO clears the path. Below are seven ways this third-party solution expedites recruitment:
1. Faster sourcing through comprehensive talent networks
About 45% of business leaders spend over half their time looking for talent, pulling focus away from core operations. RPO providers help address this challenge. They tap into their comprehensive networks and use advanced recruitment technology to quickly match potential applicants in their pool.
For example, a mid-sized SaaS company struggles to hire full-stack developers. Because the market is competitive, it partners with an RPO firm to broaden the search. The external team finds applicants in the following places:
- Professional developer networks such as LinkedIn and GitHub
- Specialized tech job boards such as RemoteOK
- Community and interest groups in Slack, Discord, and bootcamps
- Referrals, such as alumni of tech companies
- Existing candidate pools from prior sourcing efforts
Comprehensive networking helps the RPO provider fill in five critical roles in six weeks, which have remained vacant for three months.
Rapid sourcing reduces vacancies and helps you secure candidates and new hires before competitors do.
2. Speed gains from dedicated recruitment teams
Filling a job typically takes around 42 days. Specialized roles can stretch that timeline to 65 days or more. RPO improves hiring speed by focusing solely on talent needs. Teams can quickly identify and engage top candidates with their expertise and targeted approach.
For instance, a national retail brand seeks staff in 50 new locations. It uses RPO services to find employees before the holidays. The RPO company then deploys recruiters specializing in retail markets who are experienced in using automated scheduling and screening tools.
Combining industry knowledge and modern technology reduces the store’s average hiring time from 25 to 15 days—a 40% improvement.
Having dedicated experts ensures faster, more efficient hiring that keeps your business moving forward.
3. Automation and AI to hasten candidate screening
How do RPO providers improve hiring speed? They use technology.
Artificial intelligence (AI) significantly accelerates candidate screening by automating the process. AI platforms can:
- Quickly analyze résumés
- Match candidates’ qualifications to job requirements
- Reduce manual workload
- Improve the accuracy of shortlisting candidates
For example, a regional healthcare provider needs more registered nurses for multiple clinics. It partners with a healthcare RPO firm, which uses AI to screen and track applicants. Automating these steps decreases review time from seven to two days and expedites interview scheduling.
RPO recruiters speed up hiring by leveraging automation while maintaining high-quality candidate selection.
4. Reduced time-to-fill for urgent or high-volume roles
Shortening time-to-fill is crucial for urgent or high-volume roles, such as temporary staffing during holidays or business launches. Prolonged vacancies can affect momentum, competitiveness, and the bottom line.
RPO providers apply targeted talent acquisition strategies to search and onboard many candidates. Suppose a national logistics company is preparing for peak holiday shipping. It partners with an RPO company to fill 220 seasonal warehouse associate roles across five regional hubs.
The external team onboards quality applicants while shortening the time-to-fill from 60 to 21 days through:
- Geotargeted job ads target candidates near each hub to reduce travel barriers.
- Pre-vetted candidate pools deliver location-specific talent already screened.
- Mobile-friendly onboarding enables fast, remote completion across all regions.
Accelerating time-to-fill allows you to stay agile and maintain productivity during peak periods.
5. Efficient interview coordination and scheduling
Streamlining the interview process is another way RPO providers improve hiring speed. They coordinate with internal hiring managers and applicants to:
- Improve communication
- Keep candidates engaged and interested
- Schedule timely interviews and follow-ups
- Avoid recruitment delays
For example, a mid-sized automotive parts manufacturer engages an RPO firm to streamline its hiring for production line supervisors. The external team integrates automated scheduling tools and aligns workflows with recruiter-manager calendars. In the process, the company reduces interview wait times from six days to three.
Seamless collaboration during the interview process improves the candidate experience, hastens decision-making, and enhances retention of top talent.
6. Onboarding acceleration through RPO support
How does RPO improve hiring speed? These providers help new hires settle in quickly by streamlining the onboarding process.
For instance, a financial services company reduces its onboarding time by 30% after partnering with an RPO provider, which handles all administrative tasks and coordinates training. Speeding up onboarding allows new employees to contribute sooner and improves retention rates.
With RPO, you can create a smoother transition for new talent, enhancing productivity.
7. Real-time analytics for hiring process optimization
Access to up-to-date data enables companies to continuously improve their recruitment strategies and outcomes. You gain valuable insights into your recruitment performance, identify bottlenecks and areas for improvement, and develop a more efficient and effective hiring process.
Essential metrics they track include:
- Time-to-fill measures how long it takes to fill a position from job posting to hire. To measure this, RPO providers track the days from when a job is posted to when a candidate accepts the offer.
- Candidate source effectiveness tracks which channels produce the best candidates. RPO providers compare the number of successful hires from each sourcing channel against the total applicants.
- Offer acceptance rate is the percentage of candidates who accept job offers. They obtain it by dividing the number of accepted offers by the total number of extended offers.
- The candidate drop-off rate identifies stages in the hiring process where candidates withdrew or were disqualified. To calculate the drop-off rate, RPO teams determine how many candidates exit the process at each stage and divide it by the total number of candidates who started.
- Quality of hire assesses new employees’ performance and retention over time. External providers evaluate new hires based on performance reviews, retention after 6–12 months, and hiring manager feedback.
- Diversity metrics monitor the representation of different demographics throughout recruitment. Providers track demographic data across stages while ensuring compliance with privacy laws.
- Cost per hire calculates the total recruiting expenses divided by the number of hires.
In today’s talent-driven market, smart hiring wins. RPO providers accelerate and sharpen recruitment through real-time analytics.
The bottom line
Speed is crucial when filling open competitive roles. RPO improves hiring speed by streamlining recruitment processes and leveraging advanced technology. Providers have dedicated teams, access to broader talent pools, and efficient coordination to shorten time-to-fill without compromising quality.
When every day counts, partnering with an RPO provider ensures you secure top talent quickly and stay ahead of the competition. Let’s connect to learn more about accelerating your hiring process today.