RPO or recruitment process outsourcing has started to gain steam in India. RPO is generating revenues worth $92 billion in India and this figure is only expected to go north. The people involved in this work look for clients worldwide and handle the task of finding talent for various jobs.
Overseas companies find it quite suitable since the cost of recruiting a candidate works out to $100,000 per year in U.S. By 2008 RPO is expected to generate revenues worth $ 30 billion. The companies are able to bring down their recruitment costs by more than one third with RPO.
RPO involves work ranging from candidate searching, corporate intelligence research to market trend analyses and market recruiting. The RPO model is proving out to be a big hit therefore it is being regarded as the next big thing in the world of outsourcing.
Via hindustantimes
