Recruitment Process Outsourcing (RPO) Market - Global Segments and Forecasts Up to 2020

Albany, NY -- (ReleaseWire) -- 01/27/2015 -- Recruitment process outsourcing (RPO) is a segment of business process outsourcing (BPO). It is also known as employment process outsourcing. Under RPO, a company (employer) outsources its recruitment process or processes therein to a third party service provider. Recruitment process outsourcing services are beneficial for the employers who lack internal resources essential for hiring top talent to help the employer thrive in the marketplace. Additionally, recent trend across the industry, driven by strategic requirements, is that the employers opt for recruitment process outsourcing services to focus on their core competencies and reduce cost. Companies that offer recruitment process outsourcing services are responsible for performing tasks such as vacancy monitoring, job posting, candidate/resume searching, application tracking, resume screening, resume processing, resume marketing, candidate screening/short listing, finding skilled recruiters and maintain database.