After BPO, India Inc gears up for RPO
Recruitment Process Outsourcing aims at taking the burden out of the head-hunting business of corporate sector.india Updated: Mar 11, 2006 15:53 IST
After the BPO and KPO boom, the corporate sector in India is steadily gearing up for a new concept - RPO, that is Recruitment Process Outsourcing.
It aims at taking the burden out of the head-hunting business of the corporate sector.
"There has been a sudden surge of demand for candidates as the job scenario in the country looks in a good shape. So, we have come up with our team of recruiters to bridge this gap between demand and supply", says Vipul Prakash, Partner of a firm handling recruitments.
While the RPO concept has taken a healthy shape in the Western countries, in India however, there are a few RPO firms currently catering to the needs of various domestic as well as multi-nationals in hiring employees for them.
"The RPO sector in India is currently at its infant stage. Our clients need higher quality with increased efficiency. For that reason, forecasting must be done in the market", says Harish Bhattiprolu, Director of a Hyderabad- based company.
Headquartered in US with 1600 clients worldwide, the firm has been operating in India since the last one-and-half- years, having a client base of 16 companies in the country.
"We have developed a multi-channel sourcing strategy along with structured interview tools to tap the right kind of applicants for various positions. Most importantly, we share the risks involved in hiring a candidate with our clients", Harish says.
IT, Finance, Banking, Pharmacy, Life Sciences, Retailing are some of the areas these companies are currently providing their services.
"In the changing job scenario, no employee sticks in an organisation for more than two years. That is the reason why companies spend a lot of money and time in hiring the required human resource. There comes the need for RPO firms which act as the specialised consulting firm for recruitments", says Vipul Prakash of Elixier Web Solutions.
Currently operating in Delhi and Pune, Elixier has marketing offices in US, UK, Canada and Australia.