With the steep rise in the attrition rates and higher job expectations, continuous selection and recruitment have become an inseparable part of the human resource management. Recruitment is a specialised area due to the complexity and techniques involved in it. With the growing market in the sub-segment of the business process outsourcing (BPO), human resource outsourcing (HRO) has taken the major share of growth.
But gradually the niche segment of recruitment is creating its own market and attention. However with the changing face of recruitment industry in the past few years and the kind of growth expected, recruitment process outsourcing offers exceptional potential and momentum growth in the sector. Recruitment industry is a 1.25 billion industry in India with growth rate of 250 per cent per annum.
Jacob Samuel, associate partner, Elixir Web Solutions, shares his views on various challenges faced by the RPO sector. He also focusses on how organisations can benefit by hiring an RPO service provider.
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