Recruitment
process outsourcing (RPO) is a type of business process outsourcing
(BPO) which includes the outsourcing of different recruitment
functions of an organization to third-party vendor. The RPO
solutions primarily include screening of the candidates, interview
scheduling, job posting, offer execution and other important
activities in the recruitment process. The major difference between
the RPO providers and staffing companies is the proficient
recruitment process management and responsibility of its results by
the RPO providers.
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Outsourcing
recruitment processes to a RPO provider enables the client
organization to focus on their core competencies. In addition,
outsourcing these processes is highly beneficial for reducing the
operating costs of the organization related to the recruitment
functions. This is the most significant factor fuelling the adoption
of RPO solutions among different end-use industries.
The
market for recruitment process outsourcing (RPO) is segmented, based
on the type of engagement, into on-demand and end-to-end RPO service.
On-demand RPO refers to the RPO service in which some of the
recruitment services are outsourced to the RPO provider. On the
contrary, end-to-end RPO refers to outsourcing of all the recruitment
processes to the RPO providing company. On-demand RPO enables the
client organization to have better control over the recruitment
processes as only a part of recruitment process is outsourced to the
providing company. Moreover, the cost of on-demand RPO is lower as
compared to the end-to-end RPO solution. Due to these advantages and
higher flexibility and scalability, the penetration of on-demand RPO
services is currently high as compared to the end-to-end RPO
solutions.
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This
report studies the current scenario as well as the future market
potential for recruitment process outsourcing in Southeast Asia. The
market for recruitment process outsourcing has been segmented into
six major end-use industries, namely, banks, financial services and
insurance (BFSI); information technology (IT), IT enabled services
(ITeS), and telecommunication; manufacturing; healthcare and
pharmaceuticals; hospitality; and others. The others segment
comprises aerospace, marine and construction industries. The market
for these recruitment process outsourcing systems has been
extensively analyzed on the basis of factors such as types of
engagement service and countries in Southeast Asia region. On the
basis of engagement type, the market has been segmented into
on-demand RPO and end-to-end RPO. The market size and forecasts in
terms of revenue (US$ Mn) for each of these segments have been
provided for the period 2010 to 2020, considering 2012 and 2013 as
the base years. The report also provides the compounded annual growth
rate (CAGR) for each segment of the market for the forecast period
2014 to 2020.
Geographically,
the market for RPO in Southeast Asia has been segmented into four
regions, namely, Thailand, Indonesia, Vietnam and Rest of Southeast
Asia (RoSEA). The market size and forecast for each region has been
provided for the period 2010 to 2020 along with the CAGR (%) for the
forecast period 2014 to 2020. The study also includes qualitative
analysis of the competitive scenario in these regions. The overview
section of the report comprises qualitative analysis of the overall
market highlighting the factors determining the market dynamics such
as drivers, restraints and opportunities, along with the key trends
analysis.
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The
report also provides a section on the competitive landscape, wherein
the market positioning analysis of the leading players in Southeast
Asia RPO market in 2013 has been discussed. The report concludes with
the profiles of major players in the Southeast Asia RPO market such
as Kenexa Corporation (an IBM Corporation Company), Randstad Holding
Company, Accolo, Inc., Atterro Human Capital Group, Kelly Outsourcing
and Consulting Group, Cielo, Inc. (Pinstripe, Inc.), ManpowerGroup
Solutions, Pontoon Solutions, Zyoin Web Pvt. Ltd., Futurestep (a Korn
Ferry Company), TalentFusion, Inc., Alexander Mann Solutions and
Hudson Global, Inc.
Recruitment
Process Outsourcing (RPO) Market Segmentation:
Recruitment
Process Outsourcing (RPO) Market, by Engagement Type
- On-demand RPO
- End-to-end RPO
Recruitment
Process Outsourcing (RPO) Market, by End-use Industry
- Banks, Financial Services and Insurance (BFSI)
- IT, ITeS and Telecommunication
- Manufacturing
- Healthcare and Pharmaceuticals
- Hospitality
- Others (Aerospace, Marine and Construction Industry)
Recruitment
Process Outsourcing (RPO) Market, by Geographic Region
- Thailand
- Indonesia
- Vietnam
- Rest of Southeast Asia (RoSEA)
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Thanks for sharing information about Recruitment Process Outsourcing Companies.
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Thanks for sharing information about Recruitment Process Outsourcing Companies.
ReplyDeleteRecruitment Process Outsourcing Companies