Within the recruitment sector, talent shortages have long been a hot topic and this doesn’t look set to change any time soon. Indeed, almost two thirds of Indian employers have experienced difficulties in finding workers with required skills₁ and the only country globally facing a bigger challenge than India is Japan₁. Coupled with the news that India remains the fastest growing economy in the world₂, with a projected growth rate of 7.2% this year against 6.8% in 2016, which will undoubtedly lead to more job creation; the struggle to find talent will become even more of an issue.
As the battle for talent continues to grow, more and more employers are turning to recruitment process outsourcing (RPO) to evolve strategies to engage, attract and secure the very best talent by utilising their expertise, knowledge and experience.
India is echoing the global trend in recruitment process outsourcing (RPO) growth, latest research₃ by the industry’s leading analyst firm has indicated that the global RPO market will hit $4.4 billion in 2017. India is most defiantly leading the way with the estimated Rs 400 crore RPO business in India expected to grow at a staggering 40-50 per cent a year for the next few years.
For employers, the benefits of partnering with an RPO are profuse and include a minimising of operational complexity, turnaround time, consistent talent acquisition processes, and allowing companies to scale up quickly when the business environment requires, all without compromising on quality. Companies who embrace external RPO partners can focus on their own skills and core business whilst utilising the invaluable support, assistance and knowledge of their RPO partner who can help the business grow at a pace the company can dictate and manage.
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RPO buyers are demanding a more proactive and innovative offering from expert service providers, who can be a strategic partner with depth of knowledge and breadth of capabilities that fully harness technology.
IMS One World are experts in recruitment. Experts in connecting amazing people with fantastic employers and providing a wide range of dedicated RPO services to clients all based in India.
IMS One World secures the very best talent and creates fully tailored recruitment solutions that exceed not only the candidates’ expectations but also your business targets and provides a commercial advantage.
To discover more about IMS One World and the rewards your organisation can have from being their partner please contact at email@example.com
₁ 2016-2017 Talent Shortage Survey – manpowergroup.com