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Outsourcing all or part of the recruitment and selection process can be an attractive option for a lot of companies – especially when it comes to hiring internationally.
Because a recruitment process outsourcing (RPO) provider with experience in a particular country will understnad the local employment market and be able to find the candidates you need in the shortest time feasible.
That expertise is just one of several major benefits of outsourcing your recruitment and selection process, that has seen the RPO market expanding rapidly in recent years. According to ananalysis published in 2023, the global value of the RPO industry is expected to reach $23.19 billion dollars by 2028 – almost three times its value six years earlier.
A related option, which is also growing in popularity, is employer of record (EOR) services. EOR involves the provider hiring international professionals on bahalf of other companies, allowing them to have overseas team members without needing to set up a foreign entity. The EOR, meanwhile, handles their payroll in compliance with all local laws.
So if you are looking to hire internationally without dealing with the recruitment process or having to set up an entity, a combination of RPO and EOR services could be an ideal choice.
Contact us to find out more about how we can assist you with global hiring.
What is RPO and how does it work?
Recruitment process outsourcing differs from traditional recruiting services because it involves the provider assuming a much more comprehensive role in the hiring process.
Instead of just sourcing and presenting candidates to you, an RPO provider will assume responsibility for your entire recruitment operations, or those covering a particular country or region.
When done internationally, an RPO provider will source, interview, and even select candidates in a given market or region, as well overseeing their onboarding and ongoing administration, including being able to manage their payroll.
For companies considering RPO services as part of an expansion project that is intended to move into further new markets, you will likely want to seek out a provider with the coverage to be able to support you everywhere you intend to go.
Essentially when you contract an RPO provider you add to your own company a seasoned recruitment operation to cover the country or region where you are seeking to hire.
As a local expert, that provider will be able to guarantee compliance with all relevant regulations, just one of the many benefits of outsourcing your recruitment and selection process in this way.
RPO services from an employer of record
An employer of record (EOR) hires international professionals for you through their own local entity. That means you don’t need to worry about setting up or maintaining an entity of your own.
In some cases a company will use EOR services to hire a person they have already selected or are sending from elsewhere to represent the company. In such circumstances, an EOR provider will be able to assist with the visa process of anyone being relocated.
In the case that the company is simply establishing a presence in a new market and does not have team members lined up, RPO services can act as a complement to EOR services, with the provider both sourcing candidates and hiring them on behalf of the other company.
That company, meanwhile, get the combined benefits of those services, and can have professionals compliantly in place without ever needing to even visit the location they are based in.
5 benefits of outsourcing your recruitment and selection process
The benefits of outsourcing your recruitment and selection process include:
1) Guaranteed compliance
When you hire internationally through an RPO company, that provider takes on much of the responsibility for complying with local laws related to hiring and recruitment, and has the experience to avoid unneccessary errors.
That means you can operate safe in the knowledge that no unexpected legal complications or financial penalties related to non-compliance could affect you, as well as knowing that all of the professionals recruited will be well taken care of throughout their onboarding.
2) Cost-efficiency
While partnering with an RPO provider will come at a cost, that will often be significantly less than the expense involved in running your own hiring operations – and requires a much smaller initial outlay than in-house set up.
The savings can be especially signiciant when you are hiring in a developing economy and working with a provider based there, because their operating costs will often be significantly lower, allowing them to offer competitive pricing as well as genuine local expertise.
3) Local expertise
Your RPO provider will be an established player in the local recruitment market wherever they are providng you their services, meaning they will have insights on where and how to find ideal candidates for the roles you need to fill.
When you work with a provider active in multiple markets, that can even extend to them being able to advise you on where would be best to seek out the talent you need, in the event you are not committed to one country in particular.
4) Time savings
Outsourcing to a specialized RPO provider streamlines the entire process, from sourcing candidates to conducting interviews and onboarding. This ultimately speeds up the time it takes to fill a given role and have that person working for you.
Thanks to their local knowledge, you can expect ideal candidates to be found in the shortest time possible – which could be just days in the case of some roles, or weeks if a specialized profile is required.
5) Reduced administration
Outsourcing recruitment can alleviate the administrative burden associated with the hiring process, such as posting job ads, managing applicant tracking systems, and coordinating interviews.
External agencies can handle administrative tasks efficiently, allowing internal HR teams to focus on strategic workforce planning, employee development, and other critical HR functions.
Serviap Global can help you with global hiring
At Serviap Global, we provide a range of international hiring solutions, including EOR services, recruitment process outsourcing (RPO), and contractor hiring. So if you are looking to tap into the benefits of outsourcing your recruitment and selection process, we can help.
During more than a decade in the global hiring industry, we have grown to able to assist companies in over 100 countries worldwide, and we are known for our extensive coverage in Latin America and particular expertise on hiring in emerging markets.
Contact us to find out more about how we can assist you.
