Hiring new employees can be a costly and time-consuming process, with companies often spending up to triple the cost of a candidate’s salary during the recruitment process. Human resources outsourcing is one of the most effective ways to ease the burden of recruitment, allowing you to quickly fill essential roles without putting extra pressure on your internal team. Hiring an outsourcing company to oversee your recruitment process and other aspects of human resources will help you find, hire, and onboard knowledgeable candidates in record time, so you’ll never have to worry about talent gaps slowing down your business.
The Key Advantages of HR Outsourcing
The recruitment process is highly complex. Drafting job descriptions, managing job board postings, screening applications, and hosting interviews is a time- and labor-intensive process — not to mention negotiating and onboarding new employees after they’re selected. When you partner with a business process outsourcing (BPO) company to take over your human resources operations, you offload this complex administrative process and gain access to several strategic benefits.
Finding Skilled Talent
Recruiting outsourcing companies often have access to massive databases of candidates, and they have the expertise to find the right fit for each of your open roles. If you’re looking for a specialized set of skills, your BPO partner can use their well-established outreach and recruiting infrastructure to identify qualified prospects quickly. Instead of divesting your internal resources to find the perfect candidate, you can leverage your outsourcing provider’s trusted processes to connect you with a pre-vetted match.
Speeding Up Hiring Timelines
It takes businesses an average of 43 days to fill an open role, and that’s just for general, non-executive positions. During this process, you’ll have to deal with internal disruption while your team is understaffed, all while conducting interviews and assessing applications. HR BPO companies, on the other hand, have the resources to find, review, and select candidates on a much faster timeline. Your team will be able to focus on their core responsibilities, while your outsourcing provider will fully dedicate their time and energy to your talent search.
Saving Money
Outsourcing hiring is often much more affordable than handling complex HR processes in-house. Because BPO providers operate at scale, they can conduct each step in the hiring process at a much lower cost. You’ll also be able to build BPO HR support into your budget instead of dealing with snowballing costs if a role is harder to fill than expected or you face other roadblocks.
Along with saving money on hard costs, you can also save money by allowing your internal team to focus on their primary tasks. When your team members have to take time out of their day to check applications and conduct interviews, they spend less time working toward their goals and helping your business meet benchmarks. Allowing your team to stay focused by outsourcing HR maximizes your profits, which means that outsourcing can quickly pay for itself.
Optimal Scalability
When you expand your business, you need people on the ground to help you grow. If you want to scale quickly, BPO support is invaluable. Experienced BPO teams understand how to not only fill individual positions but also build entire teams. They can scale with your needs and tap into their talent networks to hire as many positions as necessary to support your company’s growth.
Upholding HR Compliance
There are plenty of complex labor laws that go into hiring and managing candidates. HR BPO organizations already understand these regulations, so they incorporate compliance into their recruiting process. They’ll give you access to fully compliant job listing systems and ensure that all interviews are conducted professionally, so you won’t have to worry about potential legal issues further complicating your talent search.
Boosting Competitive Edge
Every savvy business leader knows that to remain competitive, you need access to top-tier talent. When you outsource your HR functions, you streamline every aspect of your recruiting process, connecting you with skilled employees exactly when you need them. You’ll be able to develop teams of knowledgeable, specialized employees, all while offloading the complex administrative tasks associated with expanding your business.
How To Enhance HR Hiring Through Outsourcing
With the right approach, you can leverage BPO support to completely overhaul your talent acquisition and management systems. As you enter this new era, it’s helpful to keep a few best practices in mind to get the most out of your new partnership.
Collaborate on Policies and Standards
HR outsourcing companies will already have a strong understanding of best practices for recruiting, onboarding, and beyond. However, there will be a transition period where you adapt their HR infrastructure to your unique business. When you first start working with a BPO organization, openly collaborate to develop consistent hiring policies. Establishing these frameworks will ensure that all outsourced activities fully align with your internal operations.
Support Open Feedback Loops
When you first start working with a BPO provider, you’ll likely have some feedback about your new candidates and the overall implementation of their HR services. Providing open, honest feedback on a regular basis will allow your partner to fine-tune their processes to connect you with even better applicants as time goes on.
Align Expectations With KPIs
Ask your new outsourced HR team about what key performance indicators (KPIs) they use to assess their recruiting systems. Taking a data-driven approach to hiring will help secure top-tier talent on a faster timeline, refine your HR department over time, and help your team reach its full potential.
Bridge the Talent Gap With BPO Support
Whether you’re battling turnover or growing your team, you need a streamlined hiring process in place. By outsourcing your HR functions, including recruitment and onboarding, you can immediately ramp up your hiring and build a successful team without putting added pressure on your business. BPO recruiting limits your hiring expenses, helps you find the right candidates on a faster timeline, and ultimately enables you to remain competitive in your industry.
Confie BPO understands the complexities of recruiting, which is why we have expert HR systems designed to connect you with in-demand talent quickly. You can instantly tap into our talent pipeline to build your team. Then, you can rely on our HR management systems to handle other administrative tasks, from payroll to benefits management.
To get started, reach out to our team at 800-684-2276 or submit our online form and see how a BPO partnership can elevate your talent acquisition.