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RPO Business Surges as Employers Look to Restart Hiring
28 July 2009:
Recruitment process outsourcing providers are seeing an increase in interest from employers that have cut their internal recruiting staffs but are now realizing the need to start hiring again in the next few months.
Just in the past month, Findlay, Ohio-based The RightThing has signed on three Fortune 500 companies that have gotten rid of much of their recruiting staff, said CEO Terry Terhark.
“Over the last 45 days we have seen a surge in activity,” he said. “Generally when you see a downturn like this, the recruiting department is the first to be impacted, and so many of these recruiting organizations have been decimated.”
Similarly, Fort Lauderdale, Florida-based Spherion has seen a 40 percent increase in new customer prospects on average just over the past four months, said Rebecca Callahan, senior vice president of Spherion’s RPO division.
“For many companies, their recruiting departments were the first to go, and as things started to turn around they are realizing that they don’t have the capacity to get back to where they were,” she said. “All of a sudden RPO becomes a favorite item for them.”
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Source: Workforce Management
