HRO Today October 2019 - 44

Talent Acquisition
Despite organizations facing budget cuts, NelsonHall's research fi nds that
saving money is no longer a top driver for using RPO. However, RPO can
decrease costs, often between 20 and 50 percent, and can tailor offerings
based on budget availability. Organizations seeking more low-cost
solutions can leverage offshore support or more automated services
using recruitment platforms.
Despite organizations facing budget cuts, this year's
research fi nds that saving money is no longer a top
driver for using RPO. However, RPO can decrease
costs, often between 20 and 50 percent, and can tailor
offerings based on budget availability. Organizations
seeking more low-cost solutions can leverage offshore
support or more automated services using recruitment
platforms.
Organizations that have leveraged RPO partners
over multiple contract cycles fi nd they have more
sophisticated drivers for continuing to use their
services. When competing for a niche pool of talent,
it is all about getting to that talent quicker than
competitor organizations and securing the top
candidates. RPO partners have expertise and insights
on talent availability by producing heatmaps showing
concentrations of talent availability. Then, they leverage
tools with complex built-in algorithms to fi nd potential
[44]
HRO TODAY MAGAZINE
| OCTOBER 2019
candidates, engage them in a timely manner (maybe
building relationships over time for potential future
opportunities), and refi ne those processes over time
by using machine learning. Research shows that RPO
partners record an average increase of 17 percent in
candidate engagement. Some technology deployed
looks at " successful " hires (retained employees) and
uses sophisticated algorithms to fi nd similar candidates
in a bid to replicate hiring success and career longevity
of those candidates within the organization.
Those organizations with long-term RPO partnerships
do not rest on their laurels; they grow and evolve their
hiring practices, making continuous improvements,
adapting to whatever hiring challenges are thrown at
them.
Nikki Edwards is HR outsourcing principal research analyst for
NelsonHall.

HRO Today October 2019

Table of Contents for the Digital Edition of HRO Today October 2019

HRO Today October 2019 - 1
HRO Today October 2019 - 2
HRO Today October 2019 - 3
HRO Today October 2019 - 4
HRO Today October 2019 - 5
HRO Today October 2019 - 6
HRO Today October 2019 - 7
HRO Today October 2019 - 8
HRO Today October 2019 - 9
HRO Today October 2019 - 10
HRO Today October 2019 - 11
HRO Today October 2019 - 12
HRO Today October 2019 - 13
HRO Today October 2019 - 14
HRO Today October 2019 - 15
HRO Today October 2019 - 16
HRO Today October 2019 - 17
HRO Today October 2019 - 18
HRO Today October 2019 - 19
HRO Today October 2019 - 20
HRO Today October 2019 - 21
HRO Today October 2019 - 22
HRO Today October 2019 - 23
HRO Today October 2019 - 24
HRO Today October 2019 - 25
HRO Today October 2019 - 26
HRO Today October 2019 - 27
HRO Today October 2019 - 28
HRO Today October 2019 - 29
HRO Today October 2019 - 30
HRO Today October 2019 - 31
HRO Today October 2019 - 32
HRO Today October 2019 - 33
HRO Today October 2019 - 34
HRO Today October 2019 - 35
HRO Today October 2019 - 36
HRO Today October 2019 - 37
HRO Today October 2019 - 38
HRO Today October 2019 - 39
HRO Today October 2019 - 40
HRO Today October 2019 - 41
HRO Today October 2019 - 42
HRO Today October 2019 - 43
HRO Today October 2019 - 44
HRO Today October 2019 - 45
HRO Today October 2019 - 46
HRO Today October 2019 - 47
HRO Today October 2019 - 48
HRO Today October 2019 - 49
HRO Today October 2019 - 50
HRO Today October 2019 - 51
HRO Today October 2019 - 52
HRO Today October 2019 - 53
HRO Today October 2019 - 54
HRO Today October 2019 - 55
HRO Today October 2019 - 56
HRO Today October 2019 - 57
HRO Today October 2019 - 58
HRO Today October 2019 - 59
HRO Today October 2019 - 60
HRO Today October 2019 - 61
HRO Today October 2019 - 62
HRO Today October 2019 - 63
HRO Today October 2019 - 64
HRO Today October 2019 - 65
HRO Today October 2019 - 66
HRO Today October 2019 - 67
HRO Today October 2019 - 68
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-chro-today-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/chro-today-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-1014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hrot-january-february-2014
https://www.nxtbookmedia.com