For many firms, the gap between demand and availability of talent is an expensive concern. Without a workforce equipped with the right skills, employees and organisations struggle to meet the operational requirements necessary for businesses to remain competitive. According to a NASSCOM report, ‘GCC India Landscape – 2021 & Beyond!’ today, nearly 25 per cent of Fortune 500 companies have set up Global Capability Centers (GCCs) in India – not just for operation-related roles but also for research and development roles. Given that this number is anticipated to increase in the coming years, India must actively develop its talent supply chains to maximise this growth potential. Recruitment Process Outsourcing (RPO) is a workforce solution that allows companies to outsource either a part or entire permanent recruitment activities to another firm. By working with an RPO provider, organisations stand to narrow the talent gap by simplifying the hiring process and management of employees. While outsourcing recruitment offer a wide range of benefits, here are a few that top the list:
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