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Post-recession RPO Becomes a Top Candidate for Growth
Ovum, Dec 2010, Pages: 20
Introduction
The economic crisis that began in 2008 had a dramatic impact on recruitment, and the RPO industry has had to change to meet buyers' changing needs. This report focuses on how RPO vendors have changed in the last three years, and how they are evolving to provide global services to enterprises in the future.
Features and benefits
- Analyzes changes to the RPO market in view of the global recession.- Estimates the size of the RPO market and forecasts its growth in 2011.
Highlights
Recruitment process outsourcing has been through a difficult adolescence, experiencing a spurt of growth followed by a crisis of confidence as buyers shunned vendors' advances during the recession.The repercussions of the changes in the buyer-vendor relationship during this phase appears to be long-lasting, and it could well be that the changes in approach that the recession has necessitated will have made the value proposition of RPO stronger than ever as the industry moves towards maturity.
Your key questions answered
- How large is the RPO market, and how fast is it growing?- How can companies benefit from outsourcing recruitment processes?- Are vendors and enterprises ready for global RPO contracts?
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