Firms Should Opt For RPO Amid Talent Shortage: Manpowergroup

New Delhi: In the face of rising skills shortage and talent mismatch, organizations struggling to find the right talent should outsource or transfer a portion or all of their recruitment processes to third party, according to workforce solutions provider ManpowerGroup.

Recruitment Process Outsourcing (RPO) providers help organizations execute their business strategies amid an increasingly competitive and uncertain economic environment, ManpowerGroup said.

"A well-executed RPO improves clients' time to hire, increases the quality of its pool of candidates, provides verifiable metrics, reduces costs, improves compliance, protects client's brand and allows clients to focus on their core competencies," ManpowerGroup India Group Managing Director A G Rao said.

The best RPO providers, adds ManpowerGroup, have access to the latest and most innovative recruitment technologies, and they know how to access and leverage data from multiple sources to inform decision making.

They can increase the speed with which the best solutions are implemented and save clients' money.

"This means that successful execution of long-term talent strategies, ones that help attract, develop and retain the right talent, becomes that much more critical for organizations who want to maintain their competitive advantage," said Kate Donovan, ManpowerGroup's Global Recruitment Process Outsourcing Practice President.

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Source: PTI