Recruitment Process Outsourcing (RPO) in the Philippines is thriving

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Recruitment Process Outsourcing (RPO) in the Philippines is thriving! According to Dallas based Everest Group, a global management consulting firm “RPO is one of the fastest growing single-process Human Resources Outsourcing (HRO) markets”. With a worldwide growth rate of 25%+, RPO has become a very big deal. North America is the largest RPO market in the world, followed by Europe. Singapore, Australia, and Hong Kong are seeing massive growth in RPO as well, however, RPO may be growing faster in Europe than in any other region of the world. According to the Staffing Industry Analysts (SIA), 75% of large European countries either “have RPO arrangements in place today or are likely to ‘seriously explore’” investing in RPO over the next few years.

With worldwide revenues from recruitment process outsourcing (RPO) industry in the billions of USD, RPO is a force to be reckoned with. India was the early leader in providing global RPO solutions, but the Philippines has emerged as the new destination of choice for RPO.

But why is this happening? RPO is on the rise worldwide for a number of reasons including wage increases, talent shortages, and rapidly increasing competition. Wise CEOs know that in order to "future proof" their business they must partner with a quality RPO provider.Partnering with an RPO expert to design and execute a customized recruitment process can transform your company's methods of attracting and managing top talent. In Europe, the Middle East and North America, the top-5 jobs employers are having difficulty filling are as follows (according to the Manpower Group survey):

  • Skilled Trades
  • Engineers
  • Sales Representatives
  • Technicians
  • Management / Executives

The global growth in RPO indicates that CEOs are realizing that in the 21st century, talent is the one true differentiator. These CEOs seek to gain a competitive advantage over the competition by investing in strategic talent partnerships with leading RPOs. CEOs know that times are changing rapidly, and they can no longer afford to settle for the status quo. They also know that the Philippines is the go-to destination for these services. Along with the obvious cost-savings, Filipinos speak fluent English. The country has a proven track record in delivering world-class RPO services.

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If you are a CEO who would like some help evaluating the current state of your talent acquisition process, feel free to contact us or request a quote. We would happy to learn more about your HR and recruitment functions so that we may understand your greatest strengths, and perhaps uncover opportunities to improve your processes. We are here to serve you and we look forward to hearing from you.

Ike Stranathan

Ike Stranathan

As a self-described “Expatpreneur” and outsourcing expert, Ike Stranathan founded STAFFVIRTUAL in 2009 after moving to the Philippines. Ike is known for his ability to explain outsourcing strategies in a clear, concise and thorough manner. Ike is passionate about helping companies outsource to the Philippines to become more efficient, scalable and profitable.